Tax is going digital of course, plus HMRC are now starting to collect what they think individuals or companies owe. Digital ID for Directors with control and quarterly accounting for the self employed is another set of admin challenges. Tax is very taxing for anyone in business right now, from small traders to large insurance companies with multi-national offices, so the right advice is crucial.
Here’s the word;
Label and TaxTec are pleased to announce a strategic partnership, combining their complementary strengths to deliver innovative integrated solutions across tax operations and compliance.
Label provides an AI-driven, single-platform, end-to-end FATCA, CRS and CARF tax compliance solution. It incorporates onboarding due diligence, CiC monitoring, AI-powered TIN validations, withholding calculations, and reporting for financial institutions and service providers globally. By eliminating manual processes and embedding automation at every stage, Label enables firms to meet their compliance obligations with speed, accuracy, and efficiency.
Founded in 2023 by industry veterans, TaxTec is redefining tax reclamation for financial institutions globally with their AI-powered, digital-first technology platform. Designed to eliminate manual inefficiencies and errors, TaxTec automates the reclaim process end-to-end, delivering real-time tracking, compliance, and instant monetization opportunities across 100+ jurisdictions and 300+ double-tax treaties.
Together, Label and TaxTec bring modern technology, deep industry expertise, and automation to institutional investors seeking streamlined, reliable, and future-ready tax and compliance solutions.
“This partnership marks an exciting step forward in modernising tax operations and compliance,” said Scott Nice, Chief Revenue Officer at Label. “By combining our strengths, we can deliver even greater value to clients across the globe.”
Sarah French, Global Head of Sales and Strategic Partnerships at TaxTec, added: “We’re delighted to be working alongside Label. Together, we’re redefining how tax compliance and reclaim processes can be managed—more efficiently, more accurately, and with cutting-edge technology at the core.”
Label and TaxTec look forward to unlocking new opportunities together, helping clients embrace innovative solutions and meet evolving tax operations and compliance challenges with confidence.
20 years experience as a journalist and magazine editor. I'm your contact for press releases, events, news and commercial opportunities at Insurance-Edge.Net
Latest from the Competition and Markets Authority; Following CMA action, NatWest is set to refund hundreds of business customers after it wrongfully forced them to open current accounts to secure a loan, which cost money. […]
The latest acquisition news for you; Guardsix announced the acquisition of Logmanager, a log management company recognised as a market leader in Czech and Slovakia for its simple, accessible approach to a capability that has […]
Endava, one of the world’s leading providers of digital transformation consulting and agile software development services, will be joining forces with Business Agility Consulting Ltd (“Business Agility”), the UK-based, award-winning insurance software implementation specialist. Business Agility has […]
Be the first to comment