Tag: tax compliance
Notice Ninja secures funding to innovate tax notice management
Notice Ninja, an industry leader in tax notice management automation, has announced a strategic investment from Prospero Capital Ventures.
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.
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 tax measures, particularly focusing on the implementation of the Crypto-Asset Reporting Framework (CARF) and modifications to the Common Reporting Standard (CRS), which are set to be enforced from 2026.
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.
How can firms navigate FATCA and CRS reporting?
Ensuring compliance with CRS and FATCA can often feel like navigating a regulatory maze fraught with potential pitfalls, claimed MAPFinTech.
Cryptocurrency tax automation platform Cryptiony bags pre-seed
Cryptiony, a cryptocurrency tax automation platform, has reportedly secured €500,000 in pre-seed funding, supporting its launch in the UK.
Regnology buys Tax Information Reporting software from PwC UK
RegTech solution provider Regnology has acquired Tax Information Reporting (TIR) software from PwC UK.
