Tax Series eLegalDirectory

---

Setting the standard for U.S. tax compliance

The need for an entity management tool has become increasingly obvious due to all of the recent revisions to the IRS filing requirements imposed on corporate tax departments. Such revisions often coincide with the IRS’s mission to achieve transparency of data in response to sophisticated tax-driven corporate structures, which in turn, demands that corporations provide significantly more information in their returns. Foreseeing this ongoing trend in tax processing, TTI has developed a comprehensive tool with which corporations can maintain a database of legal entity information that can be shared across the globe – eLegalDirectory.

By allowing corporate tax personnel to store, update, and ultimately import corporate ownership information globally, eLegalDirectory helps users sustain, if not lessen, their workload despite the exponentially increasing amount of data required by the IRS.

Are you tired of having to gather new information to meet constantly changing IRS requirements?

Trying to keep pace with the IRS is a losing proposition. Have the solution in place before new IRS requirements can hinder your filing procedure.

By incorporating the following features, eLegalDirectory can be instrumental in meeting the current data requirements when filing as well the inevitable changes in tax processing yet to come.

General Features:

• Ability to update ownership information daily
• Capability to maintain corporate addresses
• Ability to make corporate name changes
• Capability to share details
• Ability to export to Microsoft Excel
• Capability to automate the production of Schedule K data
• Ability to validate partnership allocation information
• Capability to maintain corporate agreements

Ability to maintain the following legal entity data:

• Officer and Director information
• Corporate charter
• Minutes
• Tax filing jurisdiction
• Local country registration information
• Corporate addresses
• Contact information
• Corporate name changes
• Multi-entity reporting
• Partnership allocation information
• Corporate agreements
• Change in accounting principles
• Mass replacement for efficient change management
• Built in activity tracking
• User-definable data elements User-defined reports

Capability to maintain two versions of the organizational structure:

• Dynamically created based on daily changes to the ownership
• User-definable presentation
• Exportable to Microsoft Excel
• Exportable to Microsoft Visio
• Dynamic linking to entity detail information
• Supports global security implementation

Web-native software:

• Global access and corporate information capabilities
• Flexible search capability
• Sharing of corporate information
• Multi-entity reporting
• Reports exportable to Microsoft Excel
• Reports exportable to Adobe PDF
• Easy change management