Unlocking value with end-to-end tax transformation
Orbitax + PwC
PwC, in partnership with Orbitax, helps you navigate the digitisation of tax worldwide by providing integrated technology solutions and expert guidance. The fast-changing international tax landscape challenges multinationals to manage global tax obligations effectively. Increasing demands for compliance, transparency, and timely reporting are driven by the globalization of business operations, evolving regulatory requirements, and heightened scrutiny from governments worldwide. As a result, organisations are moving away from manual research and fragmented workflows, embracing digital solutions that streamline and automate complex tax processes.
Implementation of Orbitax
PwC supports organisations in implementing Orbitax and integrating it seamlessly with their existing processes and systems. Leveraging our deep expertise in IT, tax, and regulatory compliance, we help clients automate data collection and tax transformation so that customers can take an important step in their overall digital transformation.
Orbitax is a content-driven tax platform designed to streamline the collection, transformation, and reporting of tax data. The platform combines a tax law database with powerful calculation, reporting and workflow tools to bring together data for international tax, Country-by-Country Compliance & Reporting, Global Minimum Tax and DAC6 & MDR.
Full implementation including
Tax solutions:
- Global minimum tax
- Due date tracker
- Audit tracker
- Entity tracker
- Entity designer
- DAC6 & MDR reporter
- International tax calculator
- CbC compliance & reporting
Tax rules engine:
Tax research & compliance
Change reports tracker
Withholding tax implementer
AI tax assistant (XatBot)
Collaboration tools:
Executable actions tool (E.A.T)
Orbitax drive
CbCR and Pillar Two compliance
Orbitax offers a powerful, cloud-based platform that supports multinational organisations with Global Minimum Tax (GMT) and Country-by-Country (CbC) reporting. The solution is fully compliant with OECD Pillar Two requirements, including provision reporting, GloBE information return preparation, and strategic planning, utilizing advanced calculators and a comprehensive tax rules engine covering more than 190 jurisdictions. Orbitax automates the calculation of temporary safe harbor exemptions and global top-up tax, including qualified domestic minimum top-up tax, income inclusion rule, undertaxed profits rule, and STTR, while supporting flexible data input and integration with existing systems.
End-to-end service with PwC Connected Compliance offering
What makes Orbitax unique in combination with PwC is the ability for our specialists to log directly into the system, review data, and collaborate with your team. This collaboration ensures an efficient and transparent workflow, leveraging PwC's expertise to safeguard the quality and consistency of your reporting. By integrating Orbitax with the PwC connected compliance offering, we provide an end-to-end solution: from strategic planning and data analysis to full compliance and reporting. In this way, we minimize manual effort, reduce errors, and ensure timely and accurate compliance across all relevant jurisdictions.
Prepare
We will initiate your tax transformation by collaborating closely with you to plan each aspect of the project and avoid suprises. Our goal is to ensure you are fully prepared for the engagement. By blending our tax and technical consulting expertise with the extensive experience of our global team and tax practices, we maintain a clear focus on how Orbitax can best support you in reaching your broader tax objectives. This integrated approach ensures that every step we take is aligned with your goals and delivers lasting value to your organisation.
Design
We will work hand-in-hand with you to translate your requirements into a tailored configuration using the Orbitax blueprint. Through collaborative workshops and ongoing dialogue, we will co-design future processes and workflows within Orbitax, ensuring they are fully aligned with your business needs and objectives.
Implement
Implementation is a joint effort, where we combine our extensive experience as Orbitax users with your in-depth knowledge of your business. Together, we will leverage proven tools and methodologies to accelerate the implementation process. Our approach ensures seamless integration with your existing systems, and, most importantly, guarantees that Orbitax is fully aligned with your business objectives and goals.
Train & test
We will partner with you to deliver comprehensive, hands-on training sessions for both end-users and administrators, tailored to your specific needs. By working closely with you, we ensure that everyone is confident in using the new tools and processes. Joint testing sessions will allow us to address any questions or challenges together, ensuring a smooth transition to the new system.
Go live
As you move into the go live phase, we will stand alongside your team, providing real-time support as you apply your new knowledge in a live environment. Our experts will collaborate with your staff to resolve any immediate issues and ensure a seamless transition. We will complete the knowledge transfer process together, so your team feels fully prepared and supported. Our ongoing hyper care support will be available to address any challenges, ensuring successful adoption and minimal disruption.
