Comtax® Basic

Comtax Basic extracts relevant information and tax regulations from its database based on the particular tax situation. It mathematically analyzes the available options and ranks them in order of tax efficiency— in a matter of seconds. The complexities of calculating taxes across many jurisdictions on cross-border transactions can be reduced considerably, saving you time and money.

Comtax Basic helps you:

• Quickly and easily analyze internal cross-border transactions.
• Identify and manage corporate tax risks in cross-border transactions.
• Understand the tax implications of cross-border payments of dividends, interest, royalty, fees and capital gains on shares.

Comtax Basic allows you to calculate your cross-border transactions with all tax costs taken into account to and from 129 countries/entities worldwide, supported by an extensive reference database. The comprehensive database is updated monthly, with 129 major countries worldwide covering corporate tax rates, withholding tax rates, tax legislation, future tax rates and tax news.

With Comtax Basic you can:

• Set up calculations with up to two intermediary countries using dividends, interest, royalties or fees. The intermediary position can hold a range of countries. All countries inserted in a position are evaluated in the calculation, and if possible the 30 best results are presented and described in detail.
• Calculate with dividend, interest (two types), royalty (three types) and fee (two types) transactions.
• Calculate with different tax positions, e.g. current loss.
• Change a rate in the calculation results according to your specific situation.
• Access a comprehensive database covering more than 400,000 tax rates, which are updated monthly.
• Calculate an effective corporate tax rate.
• Easily access structured commentaries per country. The tax library gives you updated information for further research.
• Complete your analysis with the capital gains tax calculation on the realization of shares.
• Swiftly print and export information and calculation results to be used in reports. (Possible formats: Adobe® PDF, Microsoft® Excel or Microsoft® Word)

128 countries covered (click here to see graphic list):