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

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.

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.

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.

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.