Global Technology Infrastructure Provider

Corporate Income Tax planning (provisioning) requires the formulation of pro-forma income statements by legal entity as a basis for estimating future tax exposure by tax authority. This company sought to replace a highly manual analysis with a robust automated legal entity revenue and cost forecasting for the purposes of tax planning.

We analyzed historical legal entity revenue reporting and trend information, and developed an automated approach to calculating legal entity revenue forecasts based on business unit revenue forecasts. We developed a means of allocating cost forecasts to legal entities based on a “best fit” approach to choosing from a number of allocation methods.