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Description
                    The innovative technology patented by Blue Dot offers a comprehensive 360° overview of all transactions initiated by employees, which guarantees tax compliance and minimizes tax risks associated with consumer-style expenditures throughout the organization. By utilizing advanced AI capabilities such as deep learning and natural language processing, along with integrating external and historical data, it crafts a complete narrative for each employee-led transaction. This system draws on multiple data sources and specialized knowledge, all powered by a sophisticated AI engine. It accurately identifies and assesses any eligible VAT expenditures in accordance with the tax laws of specific nations, judicial rulings, company tax guidelines, and particular business needs. Additionally, it identifies and evaluates consumer-style spending that falls under TEB regulations, which requires wage tax payments either from the enterprise or the individual and subsequently affects the wage tax documentation. Furthermore, it scrutinizes, verifies, and computes consumer-style expenditures that must adhere to CIT regulations, ensuring thorough oversight and compliance. Ultimately, this technology not only enhances financial accuracy but also streamlines tax-related processes across the board.
                
            
        
            Description
                    Pillar2 stands out as a cutting-edge SaaS platform designed to mitigate risks, streamline operations, and enhance global compliance and reporting for Pillar Two by reinforcing tax control frameworks and optimizing end-to-end processes. This solution accommodates all essential OECD model calculations alongside local legislative mandates, automates the generation of XML-based GIR and forthcoming QDMTT returns, and guarantees precise calculations of any due top-up taxes, providing comprehensive audit trails that log every modification, user interaction, and timestamp. Users can easily import data through Excel or API from both central systems and local operations, which minimizes errors and conserves valuable time; additionally, an extensive dashboard integrated with GenAI insights tracks tax positions, upcoming deadlines, and identifies anomalies. The platform also implements role-based access control to maintain least-privilege permissions while ensuring secure data storage either in the UK or the EEA, which facilitates effective collaboration between internal teams and external consultants. Continuous enhancements are supported through automated offsets and allocations, alongside options for manual adjustments and structured review workflows, ensuring the system evolves to meet changing needs. This comprehensive approach ultimately fosters a more efficient and reliable compliance environment for users.
                
            
        
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    Microsoft Power BI
            
            
        
        
    
        
        
            
                
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                Vendor Details
Company Name
Blue dot
Country
The Netherlands
Website
www.bluedotcorp.com/blue-dot-platform/
Vendor Details
Company Name
TaxModel International
Founded
2011
Country
The Netherlands
Website
tax-model.com/taxsuite/pillar2/
Product Features
Corporate Tax
                                        Compliance Management
                                        
                                    
                                    
                                    
                                        Data Import / Export
                                        
                                    
                                    
                                    
                                        Data Verification
                                        
                                    
                                    
                                    
                                        Electronic Filing
                                        
                                    
                                    
                                    
                                        Exception Notification
                                        
                                    
                                    
                                    
                                        For Nonprofits
                                        
                                    
                                    
                                    
                                        For Partnerships
                                        
                                    
                                    
                                    
                                        K-1 Reporting
                                        
                                    
                                    
                                    
                                        Payroll & Employer Forms
                                        
                                    
                                    
                                    
                                        Status Tracking
                                        
                                    
                                    
                                    
                                        Tax Planning
                                        
                                    
                            
                        Sales Tax
                                        Address Validation
                                        
                                    
                                    
                                    
                                        Audit Trail
                                        
                                    
                                    
                                    
                                        Consumer Use Tax
                                        
                                    
                                    
                                    
                                        Exemption Management
                                        
                                    
                                    
                                    
                                        Tax Calculator
                                        
                                    
                                    
                                    
                                        Tax Filing
                                        
                                    
                                    
                                    
                                        Taxability Verification
                                        
                                    
                                    
                                    
                                        Transaction Tracking
                                        
                                    
                                    
                                    
                                        Value Added Tax (VAT)
                                        
                                    
                            
                        Product Features
Corporate Tax
                                        Compliance Management
                                        
                                    
                                    
                                    
                                        Data Import / Export
                                        
                                    
                                    
                                    
                                        Data Verification
                                        
                                    
                                    
                                    
                                        Electronic Filing
                                        
                                    
                                    
                                    
                                        Exception Notification
                                        
                                    
                                    
                                    
                                        For Nonprofits
                                        
                                    
                                    
                                    
                                        For Partnerships
                                        
                                    
                                    
                                    
                                        K-1 Reporting
                                        
                                    
                                    
                                    
                                        Payroll & Employer Forms
                                        
                                    
                                    
                                    
                                        Status Tracking
                                        
                                    
                                    
                                    
                                        Tax Planning