Trans World Compliance flagship Tax Authorities offering is CRS/FATCA One for Tax Authorities for CRS and FATCA data collection and exchange. TWC expands on its CRS/FATCA One software with the Tax Authority Compliance Software (TACS) System which provides a comprehensive platform to exchange 24 additional OECD data exchange types, supporting all the OECD’s AEOI, SEOI, and EOIR requirements.
CRS/FATCA One for Tax Authorities
CRS/FATCA One for Tax Authorities is a completely automated solution that provides a simple, easy-to-use interface for Financial Institutions to register and report US FATCA and CRS data. The system automatically sends and receives information with other tax authorities and makes the results instantly available to Financial Institutions and the Tax Authority. CRS/FATCA One for Tax Authorities completes the process with a complete audit trail and management reporting system to ensure compliance success.
The CRS/FATCA One for Tax Authorities™ Process:Financial Institutions / Tax Authorities
Financial Institutions / Tax Authorities
The CRS/FATCA One for Tax Authorities™ Benefits:
Tax Authority Compliance Software (TACS) System
The Tax Authority Compliance Software (TACS) System augments our CRS/FATCA One for Tax Authorities software with additional stand-alone modules created to support the exchange of an additional 24 OECD Base Erosion and Profit Shifting (BEPS) data exchange types through the OECD’s Common Transmission System (CTS 2.0). The entire TACS Systems operates on a proprietary TWC Common Core which provides a common interface and workflow for all modules. The TACS System Dashboard pulls together all TWC modules into a single place for monitoring and data analysis.
The TACS Benefits:
Download information on the TACS System
Download information on CRS/FATCA A-1 for Tax Authorities which assist in FI Audits