Compliance Factory How to keep legal documents up to date?

By keeping your legal documents seperate from your business and financial reality, this may cause your documents to not reflect the same facts and circumstances. Synchronization of legal documents like intercompany services agreements require a more integrated approach, e.g. linking your intercompany service agreements with the journal entries on those intercompany transactions. However, any deviation in intercompany agreement with how the group entities behave in real life – i.e. called the ‘conduct of parties’ – allows the tax inspector to fully ignore the intercompany agreements.

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