WTS Global receives Tax Technology Provider of the Year Award at the International Tax Review (ITR) Awards Ceremony
WTS Global, the only non-audit tax organization with representation in more than 100 countries, has been awarded as Tax Technology Provider of the Year at this year’s EMEA ITR Awards Ceremony held on 18 September in London.
This award is a strong and rewarding signal, as WTS Global is taking bold steps to establish itself as a pioneer in digital and AI-driven Tax Consulting on an international level.
The driving force behind this development is WTS Group in Germany, which for many years is a decisive leader in implementing Digital / AI solutions into the tax function of their clients. With more than 350 employees in the WTS Digital department and strategic partnerships with MSG, Taxback, and Amana, WTS Germany boasts a strong process-oriented technology team, which guides multinational companies - inside and outside of Germany - into the digital future.
Key digital trends in focus include Pillar Two, SAP S/4HANA, Automation of Tax Reporting & Compliance, Digital Customs Process Management, Intelligent Data Preparation, Test Automation, End-to-end VAT Services, Tax Sustainability Reporting in accordance with GRI207, Digital Withholding Tax Management and Artificial Intelligence in Tax as exemplified by the innovative "plAIground" platform.
The "plAIground" solution is an unprecedented innovation which was developed jointly by WTS and the German boutique law firm PSP in 2023 and is “an easy to use tool-kit for tax functions”, offering diverse features which are embedded on a modular platform that is transparent, safe and 100% controllable and thus highly attractive for multinational companies. (also see Juve Steuermarkt, 12.12.2023, Götz Kümmerle)
WTS Germany is currently working closely with a large number of multinationals on the individual customization of the “plAIground” into their specific corporate environment.
With the international roll-out of the “plAIground”, WTS Global is taking the next consequent step to foster state-of-the-art collaboration among its member firms and to empower teams all over the world for future success.
With dedicated trainings on AI and the usage of the “plAIground” to its member firms, WTS Global fosters collaboration within a diverse AI community. This initiative ensures that the fascination and capabilities of this unique platform are shared and utilized globally.
About WTS Global:With representation in over 100 countries, WTS Global is a leading global tax practice offering the full range of tax services and aspires to become the preeminent non-audit tax practice worldwide. WTS Global deliberately refrains from conducting annual audits in order to avoid any conflicts of interest and to be the long-term trusted advisor for its international clients. Clients of WTS Global include multinational companies, international mid-size companies as well as private clients and family offices. WTS Global effectively combines senior tax expertise from different cultures and backgrounds and offers world-class skills in tax advisory, tax compliance and tax technology coupled with the ability to think like experienced business people in a constantly changing world.
