FATCA
Our TACS- FATCA exchange module is an entirely automated solution that provides a simple, easy-to-use interface for Financial Institutions to register and report FATCA data.
Regulated FI registration with multiple upload formats (Excel, CSV, XML, manual entry) for FIs.
Extensive validation to ensure completeness and avoid sending or receiving errors to/from other tax jurisdictions.
Real-time exchange to allow FIs and TAs to receive immediate feedback from partner tax authorities.
Extensive auditing and reporting capabilities fully integrated with the IRS IDES Gateway.
A fully automated system that can report and receive information without government operator intervention.
CRS
COMMON REPORTING STANDARD
Our TACS- CRS module is an entirely automated solution that provides a simple, easy-to-use interface for Financial Institutions to register and report CRS data.
Regulated FI registration with multiple upload formats (Excel, CSV, XML, manual entry) for FIs.
Extensive validation to ensure completeness and avoid sending or receiving errors to/from other tax jurisdictions.
Extensive auditing and reporting capabilities and fully integrated with the OECD's CTS.
A fully automated system that can report and receive information without government operator intervention.
CbC
COUNTRY BY COUNTRY
TACS' (CbC) Country by Country module provides a fully automated system to support a tax authorities implementation of the OECD's Base Erosion and Profit Shifting (BEPS) initiative action item 13.
Data entry by MNEs via spreadsheets or manual data entry.
Extensive auditing and reporting.
A fully automated system that can report and receive information without government operator intervention.
ETR
TACS Exchange of Tax Rulings module provides a fully automated system to support a tax authorities implementation of the OECD's Base Erosion and Profit Shifting (BEPS) initiative Action Item 5*.
Data entry by Judicial officials via spreadsheets or manual data entry.
Ability to review and export tax rulings sent to a specific jurisdiction.
Extensive auditing and reporting.
A fully automated system that can report and receive information without government operator intervention.
MDR
MDR will be used by tax authorities to capture and exchange certain company structures setup to avoid CRS reporting obligations and specific company structures meant to avoid reporting true ownership structures.
Ability to enter new structures and supporting data for exchange.
Review and export features in PDF and XML.
Extensive auditing and reporting.
A fully automated system that can report and receive information without government operator intervention.
NTJ
TACS (NTJ) No or Nominal Tax Jurisdictions module provides a fully automated system to support a tax authorities implementation of the OECD's Base Erosion and Profit Shifting (BEPS) initiative Action item 5.
Ability to add supporting documentation.
Management test.
Electronic signature.
A fully automated system to send data with no intervention by the Tax Authority.