US Tax & Financial Services partners with Dion Global Solutions for FATCA strategic alliance
US Tax & Financial Services has announced a strategic alliance with technology provider Dion Global Solutions to support and enhance Foreign Account Tax Compliance Act (FATCA) solutions.
Dion’s technical and regulatory product expertise includes the FATCA TRAC product suite, designed to support future client classification, withholding and reporting requirements.
The software solution will complement the work of US Tax & Financial Services’ fully qualified tax consultants, accountants and lawyers, all of whom benefit from over two decades of US tax compliance experience.
US Tax & Financial Services will also provide the expertise required to track future regulatory developments around the Internal Revenue Service (IRS) tax code regulations and advise Dion on the changes required to its software in order for its users to remain fully compliant.
Darlene Hart, Founder and CEO of US Tax & Financial Services, welcomed the alliance and said, “Given the global importance of FATCA, organisations need to be able to adapt to ever more complex tax laws in a way that is targeted and effective, while also building the foundations for further international tax cooperation. With deadlines not far away, our alliance with Dion enables firms to fully prepare with confidence.”
Colin Camp, Managing Director, Products & Strategy at Dion, added, “Our alliance with US Tax & Financial Services clearly substantiates our FATCA offering, providing clients with the very highest levels of tax insight. As FATCA compliance deadlines draw ever closer, firms are looking for providers to not just supply technical capabilities, but to clearly provide consulting expertise around these tax regulations.”
US Tax & Financial Services provides tax advice, guidance, planning and compliance services for individuals, partnerships, corporations, trusts and estates for anyone subjected to the US tax system, wherever they may be in the world.
Dion is a trusted technology provider to the financial services industry. It delivers a comprehensive range of solutions to clients that operate throughout the financial markets, including investment, retail and commercial banking, institutional trading and investment, and private client wealth management and stockbroking.