[Delaware, June 2024] – Leading US-based tax technology company Orbitax and prominent German tax advisory firm Greenfield have joined forces through a strategic Partnership Agreement, marking a significant milestone in their commitment to revolutionizing tax solutions. Under this partnership, Greenfield will proudly assume the role of a certified service partner for both Orbitax’s cutting-edge tax solutions and the Orbitax International Tax Platform.
The collaboration between Orbitax and Greenfield is poised to amplify their collective capabilities, with a specific focus on the Orbitax Global Minimum Tax solution, designed to address the complexities arising from the new Base Erosion and Profit Shifting (BEPS) Pillar Two rules.
The strategic alignment aims to leverage the strengths of both organizations, combining Orbitax’s expertise in tax technology with Greenfield’s deep-rooted understanding of the German tax landscape. This collaboration is strategically focused on providing innovative solutions to the challenges posed by BEPS Pillar Two, ensuring compliance and efficiency in an ever-evolving international tax landscape.
Key Highlights of the Partnership:
- Greenfield as a Certified Service Partner: Greenfield will now be recognized as a certified service partner for Orbitax’s comprehensive suite of tax solutions and the Orbitax International Tax Platform. This accreditation solidifies Greenfield’s commitment to delivering high-quality tax advisory services backed by cutting-edge technology.
- Focus on Orbitax Global Minimum Tax Solution: The partnership’s central theme revolves around the Orbitax Global Minimum Tax solution, a crucial tool in addressing the intricacies of BEPS Pillar Two. This collaboration positions both Orbitax and Greenfield at the forefront of providing effective and compliant tax solutions in response to international tax regulatory changes.
- Market Expansion for Orbitax: Through this collaboration, Orbitax is set to expand its presence in the German market, tapping into Greenfield’s extensive network and market insights. This expansion marks a strategic move in Orbitax’s commitment to delivering tailored tax technology solutions globally.
- Diversification of Greenfield’s Service Portfolio: Greenfield, in turn, adds a new dimension to its portfolio by incorporating Orbitax’s innovative tax solutions. This diversification empowers Greenfield to offer a broader range of services, enhancing its ability to meet the diverse needs of clients in an evolving tax landscape.
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With this strategic partnership, Orbitax and Greenfield are poised to redefine the landscape of tax technology solutions in the German market, offering unparalleled expertise and cutting-edge solutions to address the challenges posed by BEPS Pillar Two. This collaboration underscores the commitment of both organizations to remain at the forefront of innovation, providing clients with the tools and insights necessary for success in an increasingly complex global tax environment.
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About Orbitax:
Orbitax is committed to providing high value, low cost tax research, management & planning solutions. Orbitax delivers extensive international tax practice experience of its team members and partners through easy-to-use software. We recognize that international tax work is complex and must be done by trained professionals.
Our tools are designed to help tax professionals reduce time/effort on repetitive, routine tasks, carry out exhaustive research, use templates of tried and tested tax strategies and explore scenarios, enabling large productivity gains.
About Greenfield:
Greenfield Steuerberatungsgesellschaft, based in Bonn, is a leading tax advisory boutique in Germany known for its commitment to delivering exceptional client service. They specialize in providing comprehensive tax consulting, process optimization, and project support in digital tax landscapes such as SAP S/4HANA, Pillar Two, and Tax Engine implementation. Their expertise extends to EU initiatives like “VAT in the Digital Age,” ensuring clients stay compliant and ahead in the evolving tax environment. Furthermore, they actively participate in various Tax Technology fairs, both as guests and speakers, to maintain a competitive edge.
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