ThomsonReuters

MARCH 18, 2021

How workflow engines increase the value of tax data. A workflow engine can give you a methodology for owning and managing your tax data so that its value and validity increase as it travels across the tax lifecycle. Spend your time on value-added work, such as data review and analytics. . Do you have confidence in your data?

Start-ups 98

Start-ups Compliance Technology Marketability 98

ThomsonReuters

APRIL 21, 2024

For example, using incorrect harmonized system (HS) codes can trigger a cascade of issues. For corporate tax professionals, navigating the ever-evolving landscape of tax codes and regulations is often a daunting task. But for those engaged in global trade across several jurisdictions, the level of complexity is multiplied.

Compliance 52

Compliance Technology 52

ThomsonReuters

FEBRUARY 24, 2021

A workflow engine can give you a methodology for owning and managing your tax data so that you can mine the value in that data. Instead of being static elements that are manipulated in Microsoft Excel tables, data should gather momentum and value as it travels across the tax lifecycle. We call this a “ kinetic data approach.”.

Compliance 52

Compliance Technology Marketability 52

ThomsonReuters

FEBRUARY 22, 2021

And regardless of where a product originates, the TCA institutes new border protocols for customs declarations, duty calculations, excise tax, value-added tax (VAT), product certifications, and more, all of which require additional paperwork, adding extra costs and layers of administrative friction to the entire import/export process.

Compliance 91

Compliance Data Analysis Technology Marketability 91