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TaxStream provides a simple and effective approach to global tax planning and FAS 109 compliance. The system pulls together all U.S., state and foreign tax information into a single database which supports a suite of analytical tools.
With TaxStream, you can identify the drivers of your effective tax rate and test out various structures and planning ideas. TaxStream calculates the current and deferred provisions, rate reconciliation and footnote disclosure. Best of all, TaxStream enhances the value of your tax data as it saves you time and labor.
Manage your tax rate all your data in one place more accurate planning better than spreadsheets
By using a database structured specifically for tax reporting, you can save a significant amount of time because all reports are internally consistent and require no reconciliation. Our users report a 50 percent reduction in the time spent to complete their tax provisions.
With TaxStream, you can clearly identify the drivers of your effective tax rate. You can combine or separate units to create planning opportunities and model their effect on your financial statements and tax returns.
TaxStream creates a complete datamart for all your compliance and planning needs. All data can easily be imported electronically from spreadsheets, bridges, or the Internet. Straightforward export facilities enable you to produce any number of customized reports and spreadsheets.
TaxStream is a horizontal product. It offers functionality designed for usage across a wide variety of industries and business types.