Tax compliance is moving at a rapid pace, with almost constant new schemas being released – changing existing legislation and, on occasion, creating completely new reporting requirements. This has led to the requirement of large multinational companies with group revenue in excess of EUR 750Mn, having presence in the UK or Ireland, to submit a Country-by-Country Report (CbCR). This means that multinational corporations need to deliver accurate reports.
Kiya.ai’s Country-by-Country Solution is designed to simplify the tax compliance process and remove the burden of formulating and implementing new compliance policies. It provides customers with a secure place to capture, collect and generate Country-by-Country reports required under BEPS regulations ensuring on-time compliance with reporting mandates. It also streamlines operational procedures and reduces resource requirements, saving time and money.
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