Getting cross-domain tracking right in Google Analytics is difficult. Even if you use Google Tag Manager. There are many known issues when cross-domain tracking iframes, for example. Google Tag Manager implements the cross-domain tracking plugin quite handily via the Universal Analytics tag template, and often the easiest way to track links and form submits is to use the Auto-Link Domains option, as described in this great series of posts on cross-domain tracking by LunaMetrics.
Google Tag Manager makes it fairly easy to do cross-domain tracking. Basically, you list the hostnames you want to automatically decorate with linker parameters in the Auto-Link Domains field of your Page View tag, and that takes care of decorating the URLs with the necessary parameter. It’s dead easy, even if there are a bunch of traps you need to watch out for (see my post on troubleshooting cross-domain tracking issues).
To be fair, this tip isn’t just for Google Tag Manager but for regular old on-page Google Analytics as well. It’s one of those little things that’s corroding your data quality without you ever realizing it. Namely, this tip is about how to handle cross-domain tracking in situations where you are sending data to multiple Google Analytics properties on the same page. It’s a very typical scenario - you have a “local” property, which tracks only the traffic of the current site, and then a “rollup” property, where you send data from all your organization’s websites.