Grant Thornton has released inter.x, a blockchain platform for managing intercompany transactions. The firm has implemented the new platform in-house, but it is also available to clients to manage ...

Major U.S. accounting firm Grant Thornton has announced a new platform for its clients to handle their intercompany transactions using the EOSIO blockchain. By doing this, they capture a small slice ...

Intercompany Predictive Guidance significantly reduces transaction failure rates, eliminates costly rework, and expedites processing across the transaction lifecycle LOS ANGELES, Sept. 12, 2023 ...

When a group of two or more businesses is required to report financial results on a consolidated basis, generally accepted accounting principles, or GAAP, require the elimination of intercompany sales ...

A precise definition of business services was recently at the core of a dispute between the Israel Tax Authority and eBay Marketplace Israel Ltd., a subsidiary of the multinational eBay Group. The ...

Intercompany transfer pricing is an IRS enforcement priority, and can result in significant tax liabilities and higher penalties than in many other situations. Federal tax laws provide avenues to ...

New research reveals growing challenges are impacting business outcomes, talent retention and more LOS ANGELES, June 6, 2023 /PRNewswire/ -- A global survey commissioned by accounting automation ...

Citigroup Inc. (NYSE:C) reportedly breached a U.S. Federal Reserve rule on intercompany transactions, leading to errors in its internal liquidity reporting. According to the document, which provides a ...

Established to curb inversions, the regulation threatens to impact the largest US-headquartered companies. The prospective new rules under Section 385 will see a loan issued to an organization ...

As they emerged from the pandemic, the treasury team at luxury retail brand Christian Louboutin was looking for a way to more accurately manage the impact of the brand’s payments between subsidiaries.