Taxback International has announced a strategic partnership with international tax practice, WTS Global.
WTS will use Taxback’s Comply platform to power its VAT compliance services globally. Comply is a scalable platform that manages complex, country-specific rules to ensure that businesses remain VAT compliant.
WTS Global is active in over 100 countries and aspires to become the preeminent non-audit tax practice worldwide.
WTS Global refrains from conducting annual audits in order to avoid any conflicts of interest and to be the trusted advisor for its international clients that include multinationals, international mid-size companies and family offices.
Jürgen Scholz, head of WTS indirect tax practice, commented: “We will promote Comply to our global partnership network as we are convinced that the solution offers state of the art technology to face the upcoming challenges for VAT in the digital age.
“VAT is one of the growth drivers of WTS, especially in the global environment."
Minister Neale Richmond described the agreement as “a perfect alignment of expertise and innovation between two global, market-leading companies”.
“It is also validation of the strong reputation built by Irish financial services and fintech companies in the eurozone as trusted, flexible and innovative partners for European businesses,” the minister added.
Karl Nolan, CEO at Taxback International, said Comply’s tax technology solves immediate and complex issues that businesses must tackle.
Photo: TBI and WTS teams