OECD Inclusive Framework Reaches Consensus on Pillar Two “Side by Side” Package

QDMTT: Stay Ahead of the Global Minimum Tax Curve

Get started
U.S.E.
Orbitax International Tax Calculator

Unify and simplify US outbound tax processes, calculations and planning.

Effortlessly navigate the complexities of the key US outbound tax provisions with the Orbitax International Tax Calculator.
GILTI, FDII, and BEAT
Subpart F income
US Foreign Tax Credits
GILTI, FDII, and BEAT
Subpart F income
US Foreign Tax Credits
Guided demo
Book a meeting

As a tax professional managing US tax obligations for entities with foreign subsidiaries, navigating the intricate US outbound tax provisions such as GILTI, FDII, and BEAT can be a significant challenge.

Without the right tools, these calculations can become error-prone, time-consuming, and costly.

Orbitax simplifies this complexity with the International Tax Calculator

Offering a user-friendly platform designed to streamline and accurately compute the US outbound tax obligations of US multinational entities. Built for tax professionals, it ensures accuracy and confidence in decision-making.

How Orbitax Helps

Unify Processes
Centralize all US outbound tax calculations in one robust tool with user-friendly workflow and customizable inputs.
Automate the application of the rules for GILTI, FDII, BEAT, Subpart F, and the US Foreign Tax Credit.
Equip your tax department with precise, real-time calculations.

Without an accurate and efficient tool, tax teams risk

  • Compliance errors leading to penalties.
  • Missed opportunities for tax savings.
  • Time-consuming manual calculations.
  • Uncertainty in financial reporting.
  • Reduced operational efficiency.

Implementing the Orbitax International Tax Calculator empowers your team to

  • Optimize GILTI, FDII, and FTC positions.
  • Save significant time on tax provision cycles.
  • Reduce reliance on external tax advisors.
  • Gain confidence in accurate, defensible results.
Testimonials

Here’s what our clients are saying​

overview 39

ITC is much more accurate than Excel models. It’s the consistency of the data that gives us more confidence in the results.

Through the comparison, we found a lot of human errors in Excel that were fixed in the International Tax Calculator, that gave me great comfort in the data integrity and all the logic behind it, and helped us build confidence in the product.

The ability to easily roll data forward is one of the best things about the International Tax Calculator. Now we can build up a really nice database with years of data.

Smaller companies without a large foreign imprint might be able to keep everything in Excel, but for a company with a large amount of CFCs or foreign branches and any other type of foreign entities, using the International Tax Calculator would make their lives so much easier.

Before tax reform, we could pretty much dump everything in a tax pool. Now all the tax expenses have to be tracked and directly linked back to the taxable income. The International Tax Calculator does a great job of separating all the categories of income, tracking all the taxes associated with general income, passive income, and all these things. It’s been really helpful. I can’t even imagine using an Excel model to do this type of work going forward.

Testimonials

Here’s what our clients are saying​

overview 39

ITC is much more accurate than Excel models. It’s the consistency of the data that gives us more confidence in the results.

Smaller companies without a large foreign imprint might be able to keep everything in Excel, but for a company with a large amount of CFCs or foreign branches and any other type of foreign entities, using the International Tax Calculator would make their lives so much easier.

Through the comparison, we found a lot of human errors in Excel that were fixed in the International Tax Calculator, that gave me great comfort in the data integrity and all the logic behind it, and helped us build confidence in the product.

The ability to easily roll data forward is one of the best things about the International Tax Calculator. Now we can build up a really nice database with years of data.

Before tax reform, we could pretty much dump everything in a tax pool. Now all the tax expenses have to be tracked and directly linked back to the taxable income. The International Tax Calculator does a great job of separating all the categories of income, tracking all the taxes associated with general income, passive income, and all these things. It’s been really helpful. I can’t even imagine using an Excel model to do this type of work going forward.

Key Features & Benefits

Key FeatureBenefit
Automated GILTI, FDII, BEAT calculationsReduce manual effort and calculation errors.
Subpart F inclusionEnsure accurate reporting for controlled foreign corporations.
US FTC optimizationMaximize foreign tax credit utilization to lower US tax liability.
Scenario-Based ApproachModel tax outcomes for strategic planning, test assumptions, layer adjustments, and compare outcomes with different scenarios.
Comprehensive reportingGain insights for financial statements and tax audits.
Effortless Data ManagementUpload and map data to line items with user-friendly data extractors.
Intuitive and Efficient WorksheetsAdd inputs, make elections, apply overrides, and toggle selections via color-coded worksheets with built-in logic for complex rules.
Gain Valuable Insights with Comprehensive ReportsUnderstand and verify calculations with detailed reports, including summaries of attribute carryforwards.
Detailed Explanations and ReferencesFind clear explanations and detail of the underlying calculations with drill-down links, and direct access to specific tax regulations.
Seamless Integration with Orbitax Global Minimum TaxShare QDMTT, GILTI and Subpart F data with Orbitax GMT for use in the Pillar 2 calculations.

Tax News

Read more

We use cookies to provide you with the best possible experience. By using Orbitax's services, you agree that we may store cookies on your device. Cookie Policy.