WTS Global taps Taxback International to power VAT compliance
By Gloria Methri
Taxback International has entered a strategic partnership with global tax practice WTS Global. The collaboration enables WTS to utilise TBI’s Comply platform to power their VAT (Value Added Tax) compliance services globally. Built on 25 years of VAT expertise, Comply manages complex, country-specific rules to ensure that businesses remain compliant in a rapidly changing environment.
With representation in over 100 countries, WTS offers the full range of tax services and aspires to become the preeminent non-audit tax practice worldwide. It combines senior tax expertise from different cultures and backgrounds and offers skills in advisory, in-house, regulatory, and digital, coupled with an adaptable mindset.
Founded in 1996, Taxback International (TBI) has been an expert in VAT compliance, reclaim, and consultancy for over two decades. Utilising Comply enables WTS to offer a fully supported and configurable compliance platform without losing focus on its core business. Comply will help WTS to optimise its clients’ compliance experience with increased governance and visibility, with the potential for immediate revenue and growth opportunities.
Jürgen Scholz, board member at WTS and global head of WTS Indirect Tax practice said, “We are delighted that with our strategic partnership with Taxback International, we are now able to provide a digital platform to power our VAT compliance service globally. We will also promote the platform Comply to our global partner network as we are convinced that the solution offers state-of-the-art technology to face the upcoming challenges for VAT in the digital age.”
Karl Nolan, CEO at Taxback International said, “In an era of massive global tax digitalization, companies need a VAT management technology that can adapt to changing regulations. Comply’s tax technology solves immediate and complex issues that businesses must tackle and this is a fantastic endorsement from WTS. More generally, it is a great endorsement for Irish FinTech and an example of the talent and vision within the thriving industry in Ireland.”
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