Australian Local File - Wolters Kluwer CCH

Australian Local File Solution

Setting the standard for Australian Local File solutions

Shift gears in your management of the Australian Local File, by streamlining and automating preparation, review and electronic lodgement – to free your team to focus on more strategic operations.

Setting the standard for Australian Local File solutions

Shift gears in your management of the Australian Local File, by streamlining and automating preparation, review and electronic lodgement – to free your team to focus on more strategic operations.

Tackling a new compliance obligation

The Australian Local File requires specific transfer pricing and business information, such as local business strategy to be prepared and reported by Significant Global Entities (SGEs). Reporting is via a standard format that needs to be electronically lodged via Standard Business Reporting (SBR) methods.

The data formatting, packaging and transmission complexities associated with Australian Local File requirements makes an automated software solution a necessity.

CCH Integrator’s Australian Local File solution transforms this challenge into routine, an obstacle into your secret weapon.

Preparation

Access our integrated robotic process to transform, cleanse, summarise and format transactions following the ATO’s prescribed Local File output.

Review & Validate

Evaluate your summarised transactions while collecting and storing related attributes for each intercompany transaction in the Local File disclosure.

Lodgement

Utilise secure, multi-user access to facilitate collaboration, preparation and review across your business. Export an XML schema file to electronically file via the SBR lodgement portal with the ATO.

Want to see how CCH Integrator can transform your organisation?

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Are you interested in learning about our specific solutions?

Direct TaxTax Accounting / ProvisioningIndirect Taxes (GST/VAT)Tax Data ManagementEmployment Taxes (FBT)Tax Transparency / Justified TrustCountry-by-Country ReportingAustralian Local File

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