Vertex has acquired Levyti Consulting's Global Tax Office software and plans to market the product with its own global income tax and compliance systems.
Levyti is a privately held boutique tax advisory firm founded by tax consultants from the Big Four firms. The enterprise tax accounting system supports both decentralized and centralized computation and recording of global tax provisions in compliance with the internal control standards of Sarbanes-Oxley, Euro-SOX and Canadian MI 52-109.
Built on a Web-based architecture, GTO supports the integration of the global tax compliance, controversy, and tax planning processes into a single portal. The portal provides secure access to approved internal and external users and suppliers of the tax data.
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