CCH Tagetik Global Minimum Tax solution named New Product of the Year award by Business Intelligence Group
22 November 2023 - 4:05PM
CCH Tagetik Global Minimum Tax solution named New Product of the
Year award by Business Intelligence Group
PRESS RELEASE
CCH Tagetik Global Minimum Tax solution
named New Product of the Year award by Business
Intelligence Group
NEW YORK — November 22, 2023 — Wolters Kluwer’s
recently launched CCH Tagetik Global Minimum Tax solution was today
named New Product of the Year in the Business Intelligence Group’s
annual BIG Awards for Business.
Wolters Kluwer launched its new CCH® Tagetik Global Minimum Tax
solution in April of 2023, to help multinational companies prepare
for 2024 Organisation for Economic Co-operation and Development
(OECD) Pillar Two reporting requirements. The solution helps
multinational companies collect, align, calculate and report
integrated finance and tax data in accordance with the new
OECD requirements. It also helps CFOs better understand how Pillar
Two regulations will impact their business model and
operations.
This newest CCH Tagetik product innovation is just the latest
example of Wolters Kluwer’s commitment to creating user-friendly,
advanced technologies that address the constantly evolving
challenges faced by the Office of Finance.
Ralf Gärtner, Senior Vice President and General Manager
of Corporate Performance Solutions, Wolters Kluwer,
said: “We’re proud that our new CCH Tagetik Global
Minimum Tax solution has been named New Product of the Year from
the BIG Awards for Business. This recognition reinforces that, as
CFOs continue to face evolving regulatory and reporting challenges,
they can trust Wolters Kluwer to continue to invest in the
development of innovative, agile, user-friendly technology that
empowers them to gain visibility into, connect and analyze
enterprise-wide data in new and powerful ways.”
Gärtner noted that company’s BIG Award for Business nomination
focused on the CCH Tagetik Global Minimum Tax solution’s ability to
empower the Office of Finance to:
- Rapidly meet Pillar Two regulation requirements by
collecting, aggregating, harmonizing, and securely storing the new
data sets required to perform complex calculations across local,
group, finance, and tax consolidation.
- Manage the tax process end-to-end, reducing the burden that tax
and finance teams face when reporting in accordance with the Pillar
Two framework.
- Guide tax strategy, and understand the current and future
impact that Pillar Two reporting requirements will have on their
business model and operations.
To learn more about how CFOs can efficiently lead the transition
toward complying with OECD Pillar Two standards, while minimizing
disruption, visit Wolters Kluwer’s Expert Insights pages.
The Business Intelligence Group was founded with the mission of
recognizing true talent and superior performance in the business
world. Unlike other industry award programs, business
executives—those with experience and knowledge—judge the programs.
The organization’s proprietary and unique scoring system
selectively measures performance across multiple business domains
and then rewards those companies whose achievements stand above
those of their peers.
# # #
About Wolters KluwerWolters Kluwer (EURONEXT:
WKL) is a global leader in information, software, and services for
professionals in healthcare, tax and accounting, financial and
corporate compliance, legal and regulatory, and corporate
performance and ESG. We help our customers make critical decisions
every day by providing expert solutions that combine deep domain
knowledge with specialized technology and services.
Wolters Kluwer reported 2022 annual revenues of €5.5 billion.
The group serves customers in over 180 countries, maintains
operations in over 40 countries, and employs approximately 20,900
people worldwide. The company is headquartered in Alphen aan den
Rijn, the Netherlands.
For more information, visit www.wolterskluwer.com, follow
us on Twitter, Facebook, LinkedIn,
and YouTube.
Media Contact:Paul LyonSenior Director,
External CommunicationsWolters KluwerMobile: +44 7765 391 824
Paul.Lyon@wolterskluwer.com
- 2023.11.22 CCH Tagetik Global Minimum Tax solution named New
Product of the Year award by Business Intelligence Group
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