The history of global tax transparency schemes is long, and tax transparency has finally become a global reality. Since the turn of the century, numerous tax initiatives have been released, and new regulations, especially in the area of crypto assets and digital economy are currently added. In addition, Regulators intensify their search for negligent practices and improve their tools to reconcile data.
Financial institutions of any kind, be it large international banks, private banks, online banks, online broker or crypto currency exchanges, all stakeholders globally have to comply with a variety of tax regulations. The institutions need to report data according to OECD, FATCA, DAC6, QI regimes on one hand. On the other hand, they need to provide their end-clients with tax reports for their individual tax filing in their respective home countries.
We will explore the benefits and understand advantages of having a connected approach of managing of multiple tax regimes, as well as offshore and onshore tax calculation, withholding, simulations and client tax reporting. We will also delve into the importance of centralising tax reporting to various tax authorities as well as end-clients around the world.
The key take-aways
Be up to date with recent tax regulatory initiatives around crypto assets and digital economy
Hear about a connected approach of managing of multiple tax regimes, offshore and onshore tax calculation,
withholding, simulations and client tax reporting
Improve your tools to reconcile data and comply with multi jurisdictional tax reporting requirements
And many more..
This webinar is in partnership with
Regnology is a leading international provider of innovative regulatory and supervisory technology solutions (RegTech and SupTech), of AEOI and tax reporting products, as well as of services along the Regulatory Value Chain for financial services. Regnology has been a partner for banks and regulators for 25 years.
Until the end of 2020, the company was part of BearingPoint group and operated under the name BearingPoint RegTech. Since the sale of the RegTech business to private equity firm Nordic Capital, the company has been independent. In June 2021, the company joined forces with Vizor Software and recently changed its name to Regnology.
In total, Regnology serves more than 7,000 financial services firms with reporting solutions. At the same time, the company enables more than 50 regulators and tax authorities on five continents to collect data from 34,000 firms in 60 countries. Regnology has a total workforce of 800 employees at 17 office locations in 9 countries.