- In March 2025, Xero announced a partnership with Parolla to introduce free VAT3 return and SEPA payment solutions for Irish users. This development allows direct VAT3 submissions to Revenue Online Services and facilitates supplier payments via SEPA-compliant files. The tools, available to Xero Business Edition and Cashbook users, enhance tax automation and accuracy. Webinars held in mid-March showcased these features, supporting Xero’s broader “Committed to Ireland” initiative.
- In January 2025, Thomson Reuters completed the acquisition of SafeSend, a U.S.-based cloud-native tax automation provider, for USD 600 million. SafeSend, widely used by leading accounting firms, streamlines the final steps in tax return processing. The acquisition boosts Thomson Reuters’ automation capabilities and strengthens its tax workflow solutions, positioning the company for continued revenue growth and improved customer efficiency
- In January 2025, Wolters Kluwer integrated its AI-powered CCH AnswerConnect with CCH iFirm in Canada, marking a regional first. This integration offers in-workflow AI-driven research and tailored tax answers to professionals, reducing dependence on external sources and improving tax season productivity. Available in both English and French, the solution reflects Wolters Kluwer’s focus on advancing digital transformation in tax services
- In December 2024, Avalara acquired Brazil-based Oobj Tecnologia da Informação Ltda to expand its global e-invoicing capabilities. The deal extends Avalara’s presence across six Latin American countries and strengthens endpoint connectivity in Brazil. Oobj will remain a standalone product but will integrate with Avalara’s E-Invoicing and Live Reporting solution, offering businesses a unified global API for streamlined compliance
