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.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind