IBFD and Comtax Launch Integrated Tool for Analysis and Calculation of Cross-Border Tax
Amsterdam, Netherlands, March 30, 2014 --(PR.com
)-- On 11 February 2014, IBFD, the leading provider of cross-border tax expertise, and Comtax, a provider of unique tax planning tools, announced their agreement for a long-term strategic partnership. This has now resulted in the launch of Comtax® Basic through the IBFD Tax Research Platform, allowing seamless interlinking to IBFD’s country and treaty information.
Comtax® Basic is designed to assist tax professionals in their day-to-day practice, by simplifying their search for the optimal route and structure for cross-border transactions. This tool provides users with quick answers on how to best structure their intra-group transactions regarding dividend repatriation, fees, royalties and financing.
The IBFD Tax Research Platform gives smart access to all IBFD databases, allowing subscribers to view all information related to their subscriptions at once. Within the Platform, the content is clearly arranged in different information collections, such as News, IBFD's various levels of country descriptions (e.g. Country Key Features, Country Surveys and Country Analyses), Treaties, Topical Analyses, Case Law and Primary Source materials.
The integration of these sophisticated technologies provides a powerful and comprehensive tool that can assist in effective tax structuring, providing clients with worldwide, detailed treaty- and country-related information. With indisputable consistency and accuracy, Comtax® Basic enables monitoring, revising and planning, without requiring the use of Excel spreadsheets and manual procedures.
IBFD is a leading provider of cross-border tax expertise, with offices in Amsterdam, Beijing, Washington and Kuala Lumpur. IBFD serves Fortune 500 companies, governments, international consultancy firms and tax advisors. Renowned as the authoritative centre for cross-border tax expertise, IBFD utilizes its Knowledge Centre and global network of tax experts to remain at the forefront of global tax information.
Since 1985, Comtax has provided multinational companies, law firms, tax consultants and leading banks worldwide with unique tax planning tools in order to meet international tax compliance requirements and use internal and external resources more efficiently.
Kindly note that for US, Canada, Mexico, UK and Ireland, clients should contact Comtax directly at firstname.lastname@example.org