How does ImpleTax® manage a companies business requirements?

​

Through its patent-pending 1:1 Methodology®, ImpleTax® enables automation of a historically manual process - namely, drafting long-winded documents containing references to legislation and tax authority website pages.  The solution, instead, produces a sleek, transparent and digestible output for use in a variety of critical settings, including tax system design, upstream management reporting, and not least of which support during a VAT audit.

​

 

What are tax and business requirements and why are they important?

​

Tax and business requirements underpin your entire tax compliance position. 

​

They are a combination of your business models and transactions, coupled with the indirect tax rules and regulations they trigger.

​

Your requirements are key to several successes (and failures if not handled correctly), including:

​

• Ensuring your company is tax compliant in all required taxing jurisdictions 

• Providing knowledge for your teams on your company's tax obligations and exposures

• Delivering support to accountable parties responsible for signing off company tax returns 

• Establishing a clear framework for the design of new system implementations or retrofits 

• Providing guidance to technology and tax transformation project leaders