Tag: Tax compliance
Charting the evolution of tax reporting: Comply Exchange’s 15-year journey
At Comply Exchange, the firm claims its' journey has been marked by relentless innovation and an unwavering commitment to excellence.
Countingup and Sleek unveil Tax Pro: Revolutionising tax compliance for limited...
Countingup, a prominent UK business account and financial app, has joined forces with the accountancy service Sleek to roll out a new tax solution aimed at limited company owners.
Standardising withholding statements: TAINA’s role in transforming financial practices
In an era where efficient processing and standardization are more crucial than ever, TAINA took a significant step forward by hosting the Global Industry Forums on Withholding Statements in 2019 and 2020.
Navigating the future of crypto compliance: The impact of IRS form...
In a significant regulatory update, the IRS is set to introduce Form 1099-DA in 2025, a new requirement for digital asset reporting that will affect financial advisors and their clients deeply.
Tax automation platform Kintsugi AI secures $6m Series A funding
Kintsugi AI, a cutting-edge tax automation platform, announced today that it has secured $6m in a Series A funding round.
Expanding global cooperation: How new jurisdictions commit to CRS exchanges
On 23 April 2024, the Organization for Economic Co-operation and Development (OECD) published a pivotal update, listing jurisdictions newly committed to the Automatic Exchange of Information (AEoI) and CRS Reporting. Taina Tech, which offers a fully automated FARCA and CRS validation platform, has recently commented on what these changes mean.
Enhanced reporting and audit powers: A deep dive into Canada’s federal...
On 16 April 2024, Chrystia Freeland, deputy prime minister and federal finance minister, unveiled the Canadian Federal Budget for 2024-2025. This budget introduces pivotal...
Navigating tax compliance: How FinTech innovates CRS and FATCA reporting
In the rapidly evolving global finance sector, the importance of complying with regulatory frameworks like the Common Reporting Standard (CRS) and the Foreign Account Tax Compliance Act (FATCA) cannot be overstated.
Sovos unveils Compliance Cloud: A one-stop solution for global tax compliance
Sovos, known as the always-on compliance company, has made headlines with the introduction of the Sovos Compliance Cloud.
Singapore’s latest CRS e-Tax guide update: What SGFIs need to know
The Inland Revenue Authority of Singapore (IRAS) has released the third edition of the Common Reporting Standard (CRS) e-Tax Guide on January 12, 2024. The guide is instrumental for Singaporean Financial Institutions (SGFIs), outlining the nation's adoption of CRS, and providing crucial guidance on compliance obligations under the CRS framework.