ONESOURCE INCOME TAX - UNITED STATES

ONESOURCE GLOBAL TAX PLANNING

ONESOURCE Global Tax Planning powered by Orbitax is an enhanced, full-featured, international tax management tool that helps you combine research work with resolution and management of cross border tax issues.

Accurately and quickly perform tasks including:

  • Find a single holding company to route multiple transactions
  • Model and plan optimal tax structures for cross border investment and other transactions
  • Create an entity chart to store information on and graphically represent the tax attributes of a global business
  • Calculate worldwide tax for the entire multinational group of companies
  • Calculate worldwide tax impact of cross border transactions
  • Optimize the worldwide tax impact of cross border transactions
  • Calculate the worldwide tax impact of transactions that change the legal entity structure
  • Find accurate withholding tax rates linked to the underlying treaty texts
  • Find the widest and most comprehensive range of cross border payment streams on which withholding tax apply
  • Find transactions that will reduce withholding taxes
  • Calculate the total tax cost of cross border transactions
  • Calculate effective corporate income tax rates
  • Quickly generate a memo regarding the decisions reached and export/store calculations in Microsoft Excel
  • Represent graphical diagrams in Microsoft PowerPoint
  • Find key country tax facts
  • See the justification for the demonstrated rate through the treaties and domestic law on the IBFD tax portal 

 

The built-in optimizer feature enables you to analyze all possible paths for a given cross-border transaction to find the best route. The optimum answer can be affected by factors such as inserting an intermediary country, using hybrid payments, and changing the character of the payment from one country to another.

ONESOURCE Global Tax Planning identifies the ultimate route with certainty:

  • Locate ALL possible transaction combinations
  • Calculate the total tax for each combination
  • Choose the route with the lowest total tax cost

 

Quickly make the millions of calculations needed to provide the 20 best lowest-tax routes. The optimizer also enables you to generate planning ideas such as:

  • How to minimize withholding taxes in the paying country
  • How to minimize tax in the receiving country by maximizing foreign tax credits
  • How to find the ideal holding company structures to defer taxation in the receiving country
  • How to insert entities that are not directly involved in the transaction and reduce taxes in those entities

Contact Us to learn more.