Amsterdam, Netherlands, February 13, 2014 --(PR.com
)-- IBFD and Comtax have reached an agreement for a long-term strategic partnership. Due to the complementarity of their respective strengths, IBFD, with its unmatched database of international tax information, and Comtax, with its market-leading tax planning tools, believe that joining forces will provide clients with the best of both worlds: detailed treaty- and country-related information, covering a large number of jurisdictions worldwide, and a sophisticated tool matched to market needs to assist in effective tax structuring.
Maarten Goudsmit, Publishing Director of IBFD, says: “This agreement with Comtax will provide IBFD Tax Research Platform users with the opportunity to get seamless access to the most powerful and reputable online tax structuring tool in the market. I am convinced that this agreement will be the start of intensified cooperation between our organizations on the development of more decision support tools in the future.”
Bernt Persson, Managing Director of Comtax, says: “This strategic partnership with IBFD will strengthen the quality of Comtax product offerings, providing a seamless link to the best tax database in the world. Through integrating Comtax tax planning tools and IBFD’s tax database we will increase the effectiveness and value for the international tax professional. We are looking forward to a long and fruitful cooperation with IBFD to the benefit of our customers.”
Comtax® Basic is designed to assist tax professionals to simplify their workflow in order to find the most optimal route and structure for cross-border transactions. This tax planning tool provides you with quick answers on how to best structure your intra-group transactions regarding dividend repatriation, fees, royalties and financing.
The IBFD Tax Research Platform is the front-end access to all IBFD products, allowing you to view all information related to your subscriptions at once. Within the Platform, the contents of your subscriptions are 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, EU Law and Case Law.
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.