Description

FiTAX is a regulatory tax reporting solution designed for financial institutions. It enables users to generate tax reports for tax authorities, establish a standard solution for managing tax reporting requirements, monitor and execute modifications, upload encrypted report files onto the tax authorities portal, track the manual change in auditing, as well as create and send QI reports to the IRS (Internal Revenue Service). Features include GDPR compliant support, regulatory management, validation management, workflow optimization, KPI dashboard capability, Automatic Exchange of Information (AEOI) support, and calendar deadline management.