NICC Sets new requirements for Customer Line Ident... » London: NICC, the UK’s technical forum for telecommunications, has published its updated specificati... First all-amputee team set record with English Cha... » Four Blesma Members have become the first all-amputee team to successfully swim the English Channel.... World of tanks to get race mode » Wargaming has announced the addition of Tank Rally mode to its free-to-play online action game World... Alert Logic launches UK Data Centre » London, UK: Alert Logic has completed its European Data Centre and now available for partners and cu... 20th Anniversary of VAWA: "...the decency of the A... » JB...advancing Bidenism with respect to womenfolks Watch the Video: www.youtube.com/embed/HpL-A6Z... Lord-Lieutenant of Hampshire presents Sonardyne wi... » Lord-Lieutenant of Hampshire presents Sonardyne with Queen’s Award for 6G Sonardyne International L... Rehousing TYphoon Aircraft of Number 1 (Fighter) ... » The Rt Hon Michael Fallon MP, UK Secretary of State for Defence The Typhoon aircraft of Number 1(Fi... Peplink signs distribution agreement with 4Gon » Wireless connectivity innovator and specialist wireless technology distributor form partnership UK:... Independent Scotland: Naked and Alone as UK Counte... » In the great debate on Scottish independence, little has been said by either side as to how a ‘yes’ ... Foundry in Nigeria: Investment Opportunities, Chal... » Introduction For the interest of the uninitiated and to further appreciate the subject, a definitio...

CLICK HERE TO

Advertise with Vigilance

Got News?

Got news for Vigilance?

Have you got news/articles for us? We welcome news stories and articles from security experts, intelligence analysts, industry players, security correspondents in the main stream media and our numerous readers across the globe.

READ MORE

Subscribe to Vigilance Weekly

Information Security Header

Wilmington, MA.: axware, a global provider of sales, use and value added tax (VAT) compliance software and services, has announced its acquisition of VAT Resource. Based in The Netherlands, VAT Resource is an independent VAT technology, consulting, and compliance outsourcing company. The acquisition enhances Taxware’s already robust VAT content for tax determination, adds global VAT capability to the company’s compliance software and outsourcing services, and expands Taxware’s European operations. “Reducing risk and improving management and control in an increasingly complex VAT regulatory environment is absolutely critical to businesses trading internationally,” said Andy Hovancik, CEO of Taxware. “By adding the products and specialized expertise of VAT Resource to our solution, we will strengthen Taxware’s international capabilities, reinforce our end-to-end tax determination and compliance solution, and better serve our global clients.”

“The combination of Taxware and VAT Resource products, services and expertise in the sales, use and value added tax field is extremely relevant to international companies,” said Mike Reigle, Partner with Taxaccord. “Taxware is now ideally positioned as a long-term partner for those companies facing complex regulatory compliance issues and operating across borders.”

Since its founding in 2005, VAT Resource has utilized experienced VAT specialists with extensive backgrounds in Big 4 consultancy and corporate VAT management departments. VAT Resource combines its comprehensive knowledge of international VAT rules with an in-depth understanding of business processes, requirements and challenges to provide multinational clients with tailored VAT optimization, compliance and technology solutions.

“Our offerings make it possible for companies to reduce the risk of non-compliance, optimize VAT management and control, and streamline VAT operations,” said Casper Winkelman, Managing Partner at VAT Resource. “Our unique capabilities, coupled with the best-in-class content and tax determination capabilities provided by Taxware, will allow our global clients to simplify and improve VAT management and gain unprecedented control of this vital tax function.”