Digital Income Tax & Reporting – Managing income tax digitally, transparently and efficiently

Today, income tax functions must simultaneously navigate tight closing cycles, complex regulatory frameworks, global compliance requirements and new transparency standards (e.g. Pillar Two). Under Digital Income Tax & Reporting, we bring together solutions for digitally enabled income tax processes – from local tax positions to global compliance monitoring. test zusatz blabla 

Digital tools, clear processes & business partnering

The aim is an integrated, scalable set-up for income tax and reporting that accelerates financial statement and reporting processes, reduces risks and creates transparency. We combine specialist income tax expertise with:

• digital solutions for tax accounting and tax reporting,
• centralised global tax monitoring,
• standardised data and process models,
• as well as business partnering between Tax, Finance and IT.

Income tax processes – digital, automated and end-to-end

For income tax processes, an end-to-end digital representation of the entire cycle is crucial – from data capture at source through to filing. Transparent, seamless processes enable real-time visibility of tax-relevant information, reduce manual tasks and sources of error, and lay the foundation for automated tax calculations, valid planning and forecast data, and the efficient fulfilment of all tax reporting and compliance requirements.

Global Tax Monitoring with the WTS Compliance Manager

Global tax obligations, varying deadlines and local peculiarities are difficult to manage efficiently without centralised control.

Tax Accounting & Tax Reporting – Accurately recording tax items

Current and deferred taxes are increasingly coming under the scrutiny of auditors, management and the public.

An overview of international income tax rates

Up-to-date, reliable information on corporate tax rates worldwide forms the basis for tax planning, location decisions and the management of the effective tax rate across national borders.

Your point of contact for Digital Income Tax & Reporting

Whether you wish to completely overhaul your income tax processes, establish global compliance monitoring, or professionalise your tax accounting and CIT data: we will work with you to develop a suitable roadmap and support you from the initial concept right through to routine operations.

Take advantage of the opportunity for a no-obligation initial consultation to map your current setup within Digital Income Tax & Reporting and define concrete next steps.