Recent News and Press

New York – January 15, 2009

Orbitax launches its flagship product International Tax Management Expert (TME) after a tremendous success with its other online tax research, planning, and compliance tools.

TME is a full-featured software tool that enables tax professionals to create and maintain (in chart and table formats) a worldwide entity structure with tax attributes to manage the relationship between entities, model transactions, and track tax planning and compliance tasks

TME includes all the content, features and functionality of Orbitax’s two existing products, International Tax Expert and International Compliance Expert, but takes that functionality a critical step further by enabling users to input their company’s specific information on the system. TME thereby provides users with a central, customized tax dashboard for the enterprise, where they can:

• Document and view in graphic format the attributes of their global entities
• Model past, current, and future transactions in graphic and table formats
• Manage their daily workflow
• Record and monitor tax related commitments for a multinational group of entities.

In addition, users can create and save memoranda and related documents associated with those entities and transactions in a document repository, and also customize a global compliance calendar for their entire organization and all their various divisions and entities.