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Tagetik Tax App Enters NA

Wolters Kluwer has launched  its CCH Tagetik Global Minimum Tax application in North America.

The company says companies can use the expert system to collect, align, calculate and report integrated financial and tax data in accordance with Organisation for Economic Co-operation and Development (OECD) Pillar Two tax requirements.

The goal of the Pillar Two framework is to create a global minimum tax under which  large, multinational enterprises pay at least an effective tax rate of 15 percent in every jurisdiction in which they do business.

Companies implementing Pillar two include Canada, the European Union, the United Kingdom and Japan.

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