Label has announced a strategic partnership with TaxTec to deliver integrated and automated solutions across tax operations and compliance.
The collaboration aims to modernise the way financial institutions and service providers manage tax obligations. By combining Label’s comprehensive compliance automation tools with TaxTec’s digital tax reclamation expertise, the two companies will enhance operational efficiency, accuracy, and speed for clients worldwide.
Label specialises in a single-platform, end-to-end FATCA, CRS, and CARF tax compliance solution. Its platform integrates onboarding due diligence, continuous monitoring, AI-powered TIN validations, withholding calculations, and reporting functionalities. By eliminating manual processes through automation, Label enables firms to meet complex tax compliance obligations seamlessly and efficiently.
Founded in 2023 by industry veterans, TaxTec has emerged as a leader in AI-powered tax reclamation. The company’s platform automates the reclaim process from start to finish, reducing errors and inefficiencies while providing real-time tracking and compliance capabilities. TaxTec supports operations across more than 100 jurisdictions and 300 double-tax treaties, enabling institutional investors to unlock instant monetisation opportunities.
Through this partnership, Label and TaxTec will combine their technological and industry strengths to help institutional investors and financial institutions navigate evolving tax regulations. The collaboration underscores a shared commitment to innovation, reliability, and digital transformation in tax and compliance operations.
Label chief revenue officer Scott Nice said, “This partnership marks an exciting step forward in modernising tax operations and compliance. By combining our strengths, we can deliver even greater value to clients across the globe.”
TaxTec global head of sales and strategic partnerships Sarah French added, “We’re delighted to be working alongside Label. Together, we’re redefining how tax compliance and reclaim processes can be managed—more efficiently, more accurately, and with cutting-edge technology at the core.”
Label and TaxTec plan to continue expanding their joint offering, helping clients adopt AI-driven solutions to tackle global tax challenges with confidence.
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