Should intercompany revenues (holding charges in Europe) be included in the company’s total revenue?

Modified on Mon, 4 May at 3:25 PM

The company should ensure that the revenues from the customer are only counted once. If a multi-assessment company has one subsidiary that pays the parent a holding charge, the company can exclude holding charges from the parent so long as the full customer revenues from the external customers / clients is captured for in-scope entities. I.e. the company should not subtract holding charges from both the parent and the subsidiary revenues.

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