One of the most common risks in transfer pricing documentation is inconsistency between the Local File and the Country-by-Country Report (CbCR). While both serve different purposes, tax authorities increasingly compare these reports side by side to identify red flags. Even small mismatches in revenues, profits, FTE headcounts, or business unit descriptions can lead to questions, audits, and potential penalties.
With TP Copilot, our AI-powered compliance tool inside TPGenie, this risk is minimized. The cross-checking feature automatically validates whether the information reported in your Local File matches the data in the CbCR. It identifies inconsistencies in key financial figures, employee numbers (FTE), transaction descriptions, and entity-level business information—before the reports are submitted.
For multinational enterprises, this means confidence that their files tell one consistent story across jurisdictions. For consultants, it accelerates review work and reduces the chance of oversight. And for compliance teams, it ensures that audit readiness becomes part of the process, not an afterthought.
By bridging the Local File and CbCR, TP Copilot helps you avoid fines, reduce audit exposure, and deliver documentation that withstands regulatory scrutiny.
Learn more and see TP Copilot in action in our video:
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