Tax compliance has become a priority for both companies and tax authorities. The need for effective cooperation between corporate taxpayers and tax authorities has become essential. In this article, we explain why Luptax offers you a distinctive service with our eDIMI methodology and its software.
The Importance of Tax Compliance in Europe
Europe is a diverse continent with different tax regulations in each country. This can be a challenge for companies operating in multiple jurisdictions. It is crucial to have a solid tax compliance strategy to ensure compliance with all tax obligations and to avoid costly penalties.
The Shift in Tax Compliance
Instead of relying solely on post-audits and assessments, the current approach involves proactive cooperation between companies and tax authorities. This new trend aims for greater transparency and collaboration from the outset, making tax compliance more effective.
eDIMI, Our Solution
We not only offer expertise in Tax Control Frameworks (TCF) and advanced tax risk detection, measurement, and control systems, but we also do so in conjunction with our eDIMI methodology, guaranteeing its implementation with the market’s leading software. Our commitment is to assist companies in structuring their organizations in line with this new trend and ensuring efficient and effective tax compliance.
Features of the eDIMI Software
We ensure the proper implementation of our methodology through the comprehensive and highly customizable tax control management software we have developed, which centralizes the management of the internal control structure. This unified system allows for the assignment of controls, tasks, and deadlines for effective tax process management, offering extensive analytical capabilities, defined roles, and real-time executive visibility. Additionally, it provides a clear picture of controls, ensuring visibility, transparency, compliance, and security, backed by customizable reports.
Join Us to Grow
Tax compliance in Europe is shifting towards cooperation and efficiency, and at Luptax, we can guide you through this transformation process. Don’t wait to improve your tax compliance. Contact us today and discover how we can boost your business.