Mandatory requirement under EU law
European Court of Justice unequivocally stated in case C-624/15 that businesses are required to perform detailed business partner due diligence in order to sustain the right to deduct input Value Added Tax. This so called “collective responsibility”is in sharp contrast to previous practice, where each tax payer was responsible for its own tax payments. Tax Robot helps you to manage tax risks, automatically performs due diligence and prepares tax defence files for tax authorities.
Protects your business against tax fraud
Tax Robot automatically checks your business partner against tax risks and prepares defence file in case of audit by tax authority. In the reports you will find risk score for each of your partners and action list. If one of your existing partners makes changes, the system will automatically notify you and suggest actions to take that will reduce your tax risk.
Reliable and Secure Platform
As a starter we use industry standard 128 bits encryption for safe keeping your information. On top of that we use blockchain to continuously grow our list of records, and therefore by the design all your information is resistant to the tampering of data. This means that you can be safe that your files will not be accessed by third parties, reports will have time stamps and will be safely kept for the time you need them.
Despite the fact that Tax Robot is super easy to use, our specialists are available online 24/7 to assist you with any questions you might have. For those who like to read, pease have a look at Frequently Asked Questions, we are sure there is an answer for you.