User-friendly compliance
Unravels the complexities of company tax reporting and compliance
We identified the need for a tool that, while simplifying the complex company fiscal process, could also guarantee its accuracy, traceability and indexing or, in other words, that would enable the rationalisation and efficiency of tax policies and reduce the risk of loss of information and litigation.
There is a clear shift towards “cooperative compliance” that has the objective of establishing a cooperative relationship between tax authorities and taxpayers to improve the level of certainty on important fiscal matters.
It is therefore necessary to equip businesses with a system for the monitoring, measurement, management and control of fiscal risk in compliance with the law, Agenzia delle Entrate Provisions and OECD documentation.
Traditional office automation tools (almost entirely on Excel files) will gradually be phased-out by ad hoc technological solutions that are integrated with accounting systems to calculate taxation and fiscal compliance, thus reducing overall risk.
Drives efficiency by reducing industrial and operational costs
Derived like most other solutions from close interaction with the client, FiscalOne is the proprietary solution for the management, standardisation and optimisation of tax governance. It is a scalable solution in units or modules.
- Measurement, traceability, accuracy and recording of data
- Risk reduction in the elaboration of important fiscal documents
- Full availability of “company expertise” and information produced, regardless of the single actors involved
- Management of taxation models for multi-society company groups with tax consolidationli
- Simulation of calculations and faster data production
Units
The FiscalOne platform is composed of various scalable units and add-ons that can be installed and configured independently depending on business requirements.
We will release new modules to integrate further functions as set out in our strategic roadmap.
- Controlled Foreign Companies Module
Identification of the company within the group that needs to be classified as a Controlled Foreign Company enabling income tax calculation. - Country by Country Report Module
set up and delivery of CbCR report, with KPI dashboard for the analysis of data prior to issuance.
ROADMAP FOR FUTURE RELEASES
New solutions that respond to the dynamic developments of Italian and foreign taxation are already set out in the strategic roadmap of module integration
- Tax Control Framework
Develop and manage Risk Assessment protocols, archive documents and manage remediation plans for any issues identified. - Total Tax Contribution
Provides required corporate group disclosure for fiscal jurisdiction. Provides detail of the types of income that compose the tax payment.