CCH has partnered with Comtax to offer the Comtex System international taxation software in the U.S.
The partnership expands CCH’s portfolio of international tax products. The Comtax System helps international tax professionals optimize net profit for dividend, interest, royalty as well as fee and capital gains cross-border transactions. It covers jurisdictional regulations in up to 129 countries and offers separate optional add-on modules for both thin capitalization and capital gains. The tool can also base calculations on up to eight intermediary countries (10 including source and recipient countries), and can build templates of optimal company structure and organizational charts.
The system performs complex calculations showing the most desirable tax options available, with the 30 most tax-efficient transactions presented within a few seconds. The Comtax System contains more than 400,000 international tax rates with monthly software updates.
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