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Home » Solutions » Tax compliance software

Tax

See every rule and regulation concerning current and upcoming tax regulations in a centralized, holistic inventory, tailored to your business.

At CUBE, we classify the entire world of tax regulations and map them against your existing policies, controls and procedures, to ensure effective compliance with stringent and ever-changing tax laws and provide real-time understanding of regulatory change.

Have oversight of potential gaps in your tax program by harnessing CUBE’s tax compliance software that offers unparalleled horizon scanning to keep ahead of regulatory and industry developments.


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How we solve for Tax

CUBE’s tax compliance software gives you access to intelligent horizon scanning of every regulatory source for tax across the globe, to anticipate and understand current and upcoming regulatory requirements. Using artificial intelligence, CUBE knows the data that is relevant to your business and cuts out the noise to present only the regulations and rules that matter, from BEPS to federal tax laws.

Support your second line of defence by enabling tax, general counsel, legal and information security teams to take the heavy lifting out of regulatory change management. With CUBE’s tax compliance software you can focus valuable resources on ensuring that tax policies and controls are effective and up to date.



Challenges faced by the industry

As the world reels following the global pandemic, many governments and regulators have responded with a wave of tax reforms and revised tax codes in a bid to revitalize wounded economies. While the aim of such changes are noble, they are of little comfort to the institutions who must keep up with and implement the changes.

Many hoped that 2021 would be an easier year for tax reform following the whirlwind events of 2020 – however, the end was not in sight. Moving into 2022, we continue to see tax regulation being published and altered at an unprecedented pace.

The hope, of course, is that with a gradual return to normality the pace of change will level out and gradually take a more steady form. However, following vast stimulus from a number of governments, it is likely that further changes to taxation will be needed to recoup this spending.

For many firms, this means that regulatory challenge have been swift and are now unrelenting. Where once taxation changes were relatively predictable, they are now hard to anticipate and even harder to manage – especially across a global organization. Traditional tax compliance software and outdated processes are faltering under the sheer weight of regulatory change.

There is now a burgeoning need for agile tax compliance solutions that are nimble enough to adapt with the unpredictable market, but comprehensive enough to be certain that firms have regulatory change covered. CUBE’s 10 years of experience, coupled with its ability to create world-beating tech, makes it the perfect tool to manage the shifting tides of tax regulation now – and into the future.

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