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Submission: On December 16 via api from US — Scanned from FI
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Close (X) Set up related e-mail alerts – FREE! Categories Entities Stocks Sign up! Business Wire Press Releases WTKWY E-mail Address Close * Log-In * | * Home * | * E-mail Alerts * | * My Headlines * | * Portfolio * Home * Menu * JOIN * SI Premium * Ratings * Mergers * Earnings * Dividends * IPOs * Hedge Funds * Premium Letters * Send a Tip * API/Data * JOIN * SI Premium * Full Feed View * Headline View * SI Premium Squawk Box * Alerts * Custom Headlines * Upgrade Your Current Account * API * Calendars * Co. 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E-mail Address StreetInsider.com Top Tickers, 12/16/2024 1. SPY 2. MSTR 3. TSLA 4. PACS 5. SYM 6. MTCH 7. AVGO 8. PLTR 9. ASPI 10. AEHR Top News Most Read Special Reports * S&P 500, Nasdaq rise on optimism ahead of rate cut, economic data * China retail disappoints ahead of busy central bank week * Oil prices edge down on soft Chinese spending data * Dollar hovers near 3-week high before Fed; bitcoin tops $106,000 * Broadcom delivers upbeat guidance as AI-related revenue soars * Berkshire Hills Bancorp (BHLB) and Brookline Bancorp (BRKL) announce Merger of Equals * NVIDIA (NVDA) PT Raised to $204 at Truist Securities * Benchmark Reiterates MicroStrategy (MSTR) at Buy: 'potential addition to the S&P 500 represents an even bigger opportunity' * Microstrategy, Inc. (MSTR) acquired approximately 15,350 more bitcoins * BlackBerry (BB) to Sell Cylance to Arctic Wolf * After-hours movers: Broadcom, Costco, EVgo, Candel Therapeutics * After-hours movers: HPE, lululemon, Ulta Beauty, Docusign and more * After-hours movers: SentinelOne, Synopsys, PVH Corp, Verint Systems, American Eagle * After-hours movers: Marvell Technology, Salesforce, Okta and more * After-hours movers: Zscaler, Honeywell, Microchip Technology and more March 13, 2024 9:00 AM EDT Tweet Share E-mail 0 shares GET ALERTS WKL HOT SHEET JOIN SI PREMIUM – FREE Solution supports multinational companies’ preparation for OECD Pillar Two reporting NEW YORK--(BUSINESS WIRE)-- Wolters Kluwer, a global leader in professional information, software solutions and services, today launched its CCH® Tagetik Global Minimum Tax expert solution in North America. The solution will support multinational companies headquartered in North America to collect, align, calculate and report integrated financial and tax data in accordance with Organisation for Economic Co-operation and Development (OECD) Pillar Two tax requirements. Ralf Gärtner, Senior Vice President and General Manager of Corporate Performance & ESG, Wolters Kluwer, said: “There is now a critical need for multinational companies to meet and manage the complex global requirements related to OECD Pillar Two. We are committed to continuous development of innovative and integrated technologies to support the office of the CFO. Our new Global Minimum Tax expert solution enables CFOs and tax leaders to collect, aggregate and analyze fragmented data and supports the end-to-end tax process, providing vital insights for tax strategy planning.” The goal of the OECD Pillar Two framework is to create a global minimum tax, with large, multinational enterprises paying, at minimum, an effective tax rate of 15% in every jurisdiction in which they do business. Significant global economies including Canada, the European Union, the United Kingdom and Japan have already announced that they are implementing the OECD Pillar Two requirements. This means multinational companies operating in these jurisdictions will now need to consider and address the resulting impact on their tax strategy and operating model. The CCH Tagetik Global Minimum Tax expert solution was named New Product of the Year in the Business Intelligence Group’s annual BIG Awards for Business. Now extended to North America, the solution empowers CFOs and tax leaders in multinational companies to: * Get ahead of and support OECD Pillar Two requirements by collecting, aggregating, harmonizing, and storing the new data sets required to perform complex calculations across local, group, finance, and tax consolidation. * Manage the tax process end-to-end, by aiming at reducing the burden that tax and finance teams face when reporting in accordance with the OECD Pillar Two framework. The solution takes a top-down approach by connecting tax to consolidation, centralizing enterprise data, and automating processes and calculations to facilitate the compliance process. * Guide their tax strategies around the current and future impact that OECD Pillar Two reporting requirements will have on their business models and operations. Wolters Kluwer CCH Tagetik has significant expertise and experience in supporting clients’ corporate tax needs in North America. Its solutions provide thousands of organizations with end-to-end sales and use tax automation, fully integrated direct tax preparation process, workflow automation and tax research. About Wolters Kluwer Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services. Wolters Kluwer reported 2023 annual revenues of €5.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,400 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands. For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram. View source version on businesswire.com: https://www.businesswire.com/news/home/20240313828687/en/ Sarah Whybrow Associate Director, External Communications Corporate Performance & ESG Wolters Kluwer Mob: +44 7855 186713 sarah.whybrow@wolterskluwer.com Source: Wolters Kluwer -------------------------------------------------------------------------------- Serious News for Serious Traders! Try StreetInsider.com Premium Free! -------------------------------------------------------------------------------- YOU MAY ALSO BE INTERESTED IN * Compliance Scorecard Acquires PrivacyMSP to Expand Governance and Compliance Offering * Family Care Center Study Highlights New Approach to Treating Anxiety in Patients with Major Depressive Disorder * Compulse and Placements.io Partner to Streamline Ad Sales and Fulfillment at Scale CREATE E-MAIL ALERT RELATED CATEGORIES Business Wire, Press Releases SIGN UP FOR STREETINSIDER FREE! 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