ComtaxÂ® enables companies to identify ways to more profitably route cross-border transactions by leveraging the treaty relationships between various countries to minimize taxation of the dividend, interest, royalty, fee or capital gains transaction. Now, with integration to CCH World Tax Treaties, practitioners have easy access to the full text of thousands of treaties and treaty documents via IntelliConnect.
Leverage CCHâs World Tax Treaties
CCHâs comprehensive collection of tax treaties and related documents from around the world is an invaluable resource for the tax professional. It includes thousands of treaties and treaty-related documents and is consistently updated with the latest treaties, protocols and other treaty documents including â international income; estate and gift tax treaties; shipping and aircraft agreements; and tax information exchange agreements.
âKeeping track of cross-border transaction guidelines and specific agreements between individual countries can be a monumental task for corporations of all sizes,â said Mark Friedlich, CCH Director of Publishing. âNow, with the integration of CCH World Tax Treaties with ComtaxÂ® solutions, multi-national companies have immediate access to thousands of treaties within their normal workflow to more effectively build strategies to determine where it makes sense to do business and how to best structure inter-company transactions.â
CCH World Tax Treaties are accessible through both ComtaxÂ® business solutions for maintaining international tax compliance and simplifying transaction workflows:
â¢ ComtaxÂ® System â A robust software tool helping 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 model transaction route options using up to eight intermediary countries (10 including source and recipient countries) and can build templates of optimal company organizational charts.
â¢ ComtaxÂ® Basic â This Web-based solution mathematically analyzes available options and ranks them in order of tax efficiency â in a matter of seconds, for up to 129 jurisdictions.
For a detailed list of countries covered, please click here. ComtaxÂ® solutions are available exclusively in the United States through CCHâs partnership with ComtaxÂ®.