(ATLANTA, GA) CCH SureTax®, the leading provider of dynamic, on-demand communications tax calculation solutions, announces extended tax calculation coverage through SureTax® Telecom. SureTax® Telecom now has Value Added Tax (VAT) calculation coverage with the addition of rates for over 130 countries. CCH, part of Wolters Kluwer is a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com).
“Many service providers do not realize that there is a 2015 mandate to calculate VAT taxes on their telecom services that are sold into the EU; so to help them stay ahead of the game, VAT rates have been integrated into the SureTax® Telecom tax solution.” says Mike Sanders, Chief Product Strategist for CCH SureTax. “Just as with existing domestic products and services, these VAT tax rates of the can be applied and customized at the product or service level based on the service provider’s input. This provides extreme flexibility that allows a communications service provider to customize according to their policy.”
The expansion of communications technology is rapidly broadening the geographical footprint to where even the smaller service providers can grow their business internationally – and SureTax is keeping pace to serve them.
“The SureTax® Telecom calculation solution has been successful with communications service providers in the U.S. because of the ease of implementation along with premier, updated content that’s highly regarded throughout the telecommunications and emerging markets industries.” says Bruce Krumlauf, Indirect Tax Product Line Manager for CCH. “The addition of VAT rates to SureTax is a major step towards bringing these same benefits to communications providers who sell internationally.”
For more information, contact Brent Reeves at 404-644-7600. Members of the media may contact Eric Scott at [email protected], 847-267-2179.
SureTax® offers dynamic, on-demand telecom taxation solutions for new and existing VoIP and telecom providers driven by content from CCH, the industry leading global provider of tax, accounting and audit information. SureTax’s flagship product, SureTax® Telecom simplifies the complex world of telecom taxes with a robust, “real-time”, web-based tax calculation solution that is delivered as a SaaS cloud computing technology.
CCH, a part of Wolters Kluwer (CCHGroup.com) is a leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Follow us on Twitter @CCHMediaHelp. Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.