TaxModel
International tax compliance and reporting solutions, integrated after acquisition.
Executive Summary
TaxModel, now part of Tax Systems, offers comprehensive international tax compliance and reporting solutions. Acquired by Tax Systems in 2023, TaxModel significantly enhances the parent company's capabilities, particularly in complex areas like transfer pricing and Pillar Two compliance. The platform is designed to help multinational corporations navigate intricate global tax regulations, optimize their tax liabilities, and mitigate associated risks. The solution leverages advanced technology, including AI, to automate and streamline traditionally laborious tax processes such as transfer pricing documentation and Pillar Two calculations. A core strength lies in its integrated approach, enabling the seamless reuse of tax data across various functions, including Pillar Two, transfer pricing, and tax provisioning. This integration not only boosts efficiency and reduces manual errors but also provides a unified and accurate view of a company's global tax position. TaxModel empowers businesses to establish robust global tax control frameworks, ensuring precise reporting and continuous adherence to the evolving landscape of international tax laws and standards.
Use Cases
- Streamlining international tax compliance processes.
- Automating transfer pricing documentation and reporting.
- Ensuring compliance with Pillar Two global minimum tax regulations.
- Reusing tax data across various tax processes (Pillar Two, TP, provisioning).
- Managing global tax liabilities and minimizing tax risks.
Features
Intelligence
- AI-Powered Transfer Pricing: Speeds up laborious transfer pricing processes using artificial intelligence to enhance accuracy and efficiency.
- Pillar Two Compliance Automation: Automates calculations and reporting for Pillar Two regulations, seamlessly integrating with existing tax data for comprehensive compliance.
Technical Specifications
- Architecture
- Cloud-based with API suite for integrations and data exchange.
- Deployment
- SaaS
- API Available
- Yes
Security & Compliance
Certifications: ISO 27001, GDPR
Pricing
- Starting Price
- Contact sales
- Target Customer
- Mid-Market,Enterprise
About Tax Systems
Tax Systems is a global multi-tax compliance SaaS provider that develops market-leading tax compliance software and services. They empower businesses to automate tax processes, ensuring efficiency, accuracy, and better governance.