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Guide · Transactions · 8 min

Intercompany services

Scope the service, benefit evidence, cost pool, allocation key, markup and Local File support.

01

Establish that a service was received

Describe the activities performed, the recipient and the expected commercial or economic benefit. Separate services from shareholder activities and duplicated activities.

02

Build the charge

  • Define the provider and recipient entities.
  • Identify direct and indirect costs in the pool.
  • Exclude shareholder, pass-through and unrelated costs where appropriate.
  • Select allocation keys that reflect expected benefit.
  • Support the markup and document any simplified approach used.

03

Evidence pack

Connect the agreement, service descriptions, cost schedules, allocation calculations, invoices and benefit evidence to the documented TP position.

Local File production

Start with one Local File.

Tell us the entity, financial year, available sources and desired delivery date. We agree the scope, template, responsible reviewer, fee and timing before production starts.

Discuss your first Local File