Tag: Comply Exchange

As tax regulation evolves to include digital assets, businesses must shift from reactive to proactive compliance strategies. A key focus has been the expanded scope of Section 6045 and 6045A, which now categorises digital asset trading platforms, wallet providers, and payment processors as brokers. This change subjects them to the same IRS reporting standards as traditional securities, creating new obligations for tax information collection and verification.

Artificial intelligence is advancing at breakneck speed, reshaping industries and decision-making processes. Yet, regulatory frameworks and compliance systems are struggling to adapt in real...

Comply Exchange has announced a new strategic partnership with SAP Ariba and PayPal, in a move set to transform how businesses handle tax documentation and onboarding processes.

Collecting accurate tax documentation—especially taxpayer identification numbers (TINs) via Forms W-8 or W-9—is one of the biggest compliance challenges financial institutions and digital platforms...

The IRS has issued key updates for January 2025, outlining crucial deadlines and compliance requirements for financial institutions. Comply Exchange, which offers tax compliance...

The Comply Exchange Withholding Statement Extractor stands out in the FinTech landscape as an innovative AI-powered solution, transforming the way withholding statements are handled by financial institutions.