At Voodoo, we provide both file XML preparation services and multi-agreement reporting software.
One solution fits all...
Having provided leading Financial Institutions, with tax reporting solutions for the EU Savings Tax Directive, US FATCA and more recently, UK CDOT, our developers have designed a multi-jurisdictional tool that will meet current reporting requirements under both US FATCA and the OECD's Common Reporting Standard.
We offer the options of an outsourced XML file preparation service or software installed on your premises. To discuss your reporting requirements or to obtain a quote, contact us on +44 (0) 1624 610122 or at email@example.com.
We'll help you transform your raw account data into a submission ready XML file in 3 steps
Load your entity data into our easy to use spreadsheet (provided upon request) and submit.
Our software checks your data for errors. If errors are found we will notify you so that the necessary amendments can be made.
After validation, your data is imported into an XML file, and securely returned to you for submission.
Submitting reports directly to the United States IRS IDES system? We provide digital signing and encryption.
The Foreign Account Tax Compliance Act (FATCA) became effective as of 1 July 2014. This legislation administered by the United States government encourages better tax compliance by preventing US persons from using non-US financial organisations and foreign entities to avoid US taxation on their income and assets. To date, over 100 countries have agreed to exchange tax information with the US government.
Financial institutions (FIs) with reporting obligations for US FATCA are required to submit information to be exchanged in an XML file in accordance with the prescribed format for exchange set by the United States Internal Revenue Service (the IRS).
We have a history of tried, tested, and successful UK FATCA submissions. To ensure that your files are in the correct format for the submission method that your are using, contact us for a consultation.
With the aim of fighting tax evasion and ensuring tax compliance around the world, the OECD Council approved the implementation of the Common Reporting Standard (CRS) in 2014. To date, around 100 countries have committed to the global model for automatic exchange of information. Over half of those jurisdictions will begin reporting in 2017.
Our multi-regional reporting software will generate the correct submission file for which ever jurisdiction(s) you are reporting in.
The latest updates from across the jurisdictions
16/03/2017 – In September 2014, Hong Kong indicated its support for implementing automatic exchange of financial account information (AEOI) on a reciprocal basis with appropriate partners with a view to commencing the first exchanges by the…
27/01/2017 - As part of continuing efforts to boost transparency by multinational enterprises (MNEs), Gabon, Hungary, Indonesia, Lithuania, Malta, Mauritius and the Russian Federation have now signed the Multilateral Competent Authority Agr…
22/12/2016 - Today, another important step to implement the OECD Common Reporting Standard (CRS) was taken, with a further 350 bilateral automatic exchange relationships being established between over 50 jurisdictions committed to exchangin…
Please do not hesitate to contact us with any queries you may have.
4-8 Hope Street, Douglas, Isle of Man
Phone: +44 (0) 1624 610122