- Fonoa Technologies has acquired the Global Indirect Tax Compliance product from PwC UK
- The acquisition will allow Fonoa to expand its global indirect tax platform to cover partial exemptions
- Fonoa’s products will be integrated with GITC, providing a comprehensive solution for tax ID validation, tax calculations, e-invoicing, return filing, and tax information reporting
- Fonoa’s customers include companies like Uber, Dell, Netflix, Zoom, Intuit, and Bolt
- The acquisition aims to help indirect tax teams save time, minimize repetitive work, and add value to their business in real-time
- PwC sees Fonoa as the right acquirer to continue investing in the development of GITC
- Fonoa Technologies helps automate indirect tax functions for enterprise companies globally
- PwC is a network of firms in 151 countries committed to delivering quality in assurance, advisory, and tax services.
Source: fonoa.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
