22.10.2023
Value Added Tech | Newsletter #003
Value Added Tech
Your fortnightly TaxTech newsletter
Hi Subscriber First Name 👋🏻,
this is the third newsletter in a row that we deliver to you on time! Do you remember our pinky promise? Let us keep it that way 😊
However, we are very happy about the growing interest in our newsletter and we continue to strive for timely news and interesting insights across the German and European TaxTech sector 🚀
Starting this Sunday with a brand new article about prompt engineering: Tax Prompt Engineer - The job of the future? Where we dive in a possible definition of that very job. Hoping to give you a new perspective on the whole topic.
Plus, featuring two articles, one about US-based tax startup WorkMade which launched with a $7.5 million funding and, two, diving deep into the problems of Austrian tax filing startup Taxefy, where we take a look at what happend over the last two years and where they are at now.
Your Weekly Dose presents you with a wide selection of topics with a very interesting Forbes article that dives into the problems that big tax technology projects face.
Beyond Germany brings four companies from Austria, Poland and the United States to the table. Tackling topics from transfer pricing to private tax declarations.
Plus, we keep you informed about the latest TaxTech Jobs with now over 40 job listings across Europe. RIDE Capital is now looking for a Tax Advisor and a Tax Expert, while we also feature some more product and tech jobs. Have a look at the very end of this newsletter or jump directly to our Jobs page to get the full overview.
Thank you for subscribing! This is for you, so if you happen to have any feedback, suggestions or something you want to read more about, please let us know here. Furthermore, if you find pleasure in reading this newsletter, we would appreciate any recommendations to your TaxTech friends.
Thank you & enjoy 💜
TaxTech News
SUN, OCT 22
Tax Prompt Engineer - The job of the future?
DENNIS WELLER
A Tax Prompt Engineer could be someone who knows the software landscape of LLM tools - the ones that are ready to use: no-code and low-code tools. Obviously something like ChatGPT, but there are many
SUN, OCT 15
US tax startup WorkMade launches with $7.5 million in funding
Founded in 2022, WorkMade (🇺🇸) is one of the latest tax startups worth looking at …
WED, OCT 11
Austrian Taxfix equivalent Taxefy finds itself in uncertainty over technical details
Founded in 2021, Taxefy set out to fill the void of the private tax market in Austria. The void was left there by German Taxfix which went to other big markets in Europe - alongside to their first
Your Weekly Dose
February 8th, 2023
The Atlantic, Charlie Warzel
The Most Important Job Skill of This Century (🇺🇸)
The article discusses the competitive landscape between Google's Bard and OpenAI's ChatGPT
October 2nd, 2023
Haufe Taxulting, Karsten Zunke
Tax advisor for e-commerce: Which shop systems do you need to know? (🇩🇪)
This article deals with the German e-commerce shop systems and gives an overview of which systems might be important. A good additional read might be the article from Steffi Krüger over at Tax-Tech.de (🇩🇪), who describes the optimal workflow for paperless bookkeeping
October 3rd, 2023
AccountancyAge, Liz Salecka
Exploring the opportunities of Generative AI in corporate tax: trends, benefits, and challenges (🇬🇧)
ChatGPT summary | Generative AI in corporate tax departments enhances efficiency, data accuracy, and real-time reporting, enabling better compliance with evolving tax regulations globally. It empowers tax professionals to focus on strategic, high-level tasks by automating mundane, time-consuming work, thus addressing challenges posed by dynamic global tax laws
October 18th, 2023
Forbes, Aleksandra Bal
From Scope Creep To Decision Disasters: Why Tax Technology Projects Fail (🇺🇸)
A very intersting article on the problems of tax technology projects. ChatGPT summary | Tax technology projects often fail due to overlooked factors like inadequate current state understanding, poor system integration, and scope creep, leading to significant financial repercussions
October 18th, 2023
The Verge, Wes Davis
13 states join the IRS direct-file test after tax prep firms dropped the ball (🇺🇸)
Private tax service companies like Intuit and are getting a bit of competition after they decided not to offer a free version of their tax filing software. Now there is a new pilot project led by the IRS
Beyond Germany
This weeks Beyond Germany offers a glimpse at SaaS domonda (🇦🇹), transfer pricing tool ArmsLength AI (🇵🇱), US-based IVIX (🇺🇸) and new tax app Mei Marie(🇦🇹):
domonda is trying to replicate your finance team in the cloud by offering a feature-rich, web-based bookkeeping tool with export possibilities and a wide partner network.
ArmsLength AI, a new web-based software by our reader Borys, helps you to reduce the time you spend on your transfer pricing projects.
IVIX, founded in 2020, is an AI-enabled tool for tax authorities to help them discover tax evasion.
Mei Marie, a new tax app in Austria, offers private households help with their private tax declarations. They are now often mentioned with troubled Taxefy (we reported) but is very different in a key area: Mei Marie does not offer to submit the tax declarations in their app. It is more an app to collect receipts during the year and to offer you tax tips. More information at brutkasten.
TaxTech Jobs
A lot has happend in the last two weeks and the tax sector is looking across all skills for new talent. We present you the following tax, product and tech jobs across Europe:
RIDE Capital is looking now not only for a Tax Expert but also for a Tax Advisor in a management position
Candis needs a Senior Software Developer and is still looking for an Accounting Expert for their marketing team
domonda also needs developer knowledge and is searching for a Lead Developer for their SaaS product
lexoffice, part of Haufe Group, needs people. Being open for a Product Owner and a Tax Expert for their customer support team, while Haufe Group itself is looking for a Legal Content Designer (Tax)
The full overview of our European job board with over 40 jobs in the TaxTech sector is available here:
The End
That is all we have for you on this Sunday. We strive to inform you in the best way possible. Please send any feedback - the good, bad and the ugly - directly to us by using our contact page. It is much appreciated and we aim to improve day by day.
We also set up a LinkedIn page where you can follow our daily news directly in your feed.
You can expect the next Value Added Tech newsletter with more news about the German and European TaxTech sector on November 5th, 2023.
Made with 💜 in Berlin
Note: Despite careful preparation, we are not liable for the content of this newsletter. Until a legally binding verdict is reached, the presumption of innocence always applies. For further information, please check the respective referenced sources.
Value Added Tech
Your fortnightly TaxTech newsletter
Hi Subscriber First Name 👋🏻,
this is the third newsletter in a row that we deliver to you on time! Do you remember our pinky promise? Let us keep it that way 😊
However, we are very happy about the growing interest in our newsletter and we continue to strive for timely news and interesting insights across the German and European TaxTech sector 🚀
Starting this Sunday with a brand new article about prompt engineering: Tax Prompt Engineer - The job of the future? Where we dive in a possible definition of that very job. Hoping to give you a new perspective on the whole topic.
Plus, featuring two articles, one about US-based tax startup WorkMade which launched with a $7.5 million funding and, two, diving deep into the problems of Austrian tax filing startup Taxefy, where we take a look at what happend over the last two years and where they are at now.
Your Weekly Dose presents you with a wide selection of topics with a very interesting Forbes article that dives into the problems that big tax technology projects face.
Beyond Germany brings four companies from Austria, Poland and the United States to the table. Tackling topics from transfer pricing to private tax declarations.
Plus, we keep you informed about the latest TaxTech Jobs with now over 40 job listings across Europe. RIDE Capital is now looking for a Tax Advisor and a Tax Expert, while we also feature some more product and tech jobs. Have a look at the very end of this newsletter or jump directly to our Jobs page to get the full overview.
Thank you for subscribing! This is for you, so if you happen to have any feedback, suggestions or something you want to read more about, please let us know here. Furthermore, if you find pleasure in reading this newsletter, we would appreciate any recommendations to your TaxTech friends.
Thank you & enjoy 💜
TaxTech News
SUN, OCT 22
Tax Prompt Engineer - The job of the future?
DENNIS WELLER
A Tax Prompt Engineer could be someone who knows the software landscape of LLM tools - the ones that are ready to use: no-code and low-code tools. Obviously something like ChatGPT, but there are many
SUN, OCT 15
US tax startup WorkMade launches with $7.5 million in funding
Founded in 2022, WorkMade (🇺🇸) is one of the latest tax startups worth looking at …
WED, OCT 11
Austrian Taxfix equivalent Taxefy finds itself in uncertainty over technical details
Founded in 2021, Taxefy set out to fill the void of the private tax market in Austria. The void was left there by German Taxfix which went to other big markets in Europe - alongside to their first
Your Weekly Dose
February 8th, 2023
The Atlantic, Charlie Warzel
The Most Important Job Skill of This Century (🇺🇸)
The article discusses the competitive landscape between Google's Bard and OpenAI's ChatGPT
October 2nd, 2023
Haufe Taxulting, Karsten Zunke
Tax advisor for e-commerce: Which shop systems do you need to know? (🇩🇪)
This article deals with the German e-commerce shop systems and gives an overview of which systems might be important. A good additional read might be the article from Steffi Krüger over at Tax-Tech.de (🇩🇪), who describes the optimal workflow for paperless bookkeeping
October 3rd, 2023
AccountancyAge, Liz Salecka
Exploring the opportunities of Generative AI in corporate tax: trends, benefits, and challenges (🇬🇧)
ChatGPT summary | Generative AI in corporate tax departments enhances efficiency, data accuracy, and real-time reporting, enabling better compliance with evolving tax regulations globally. It empowers tax professionals to focus on strategic, high-level tasks by automating mundane, time-consuming work, thus addressing challenges posed by dynamic global tax laws
October 18th, 2023
Forbes, Aleksandra Bal
From Scope Creep To Decision Disasters: Why Tax Technology Projects Fail (🇺🇸)
A very intersting article on the problems of tax technology projects. ChatGPT summary | Tax technology projects often fail due to overlooked factors like inadequate current state understanding, poor system integration, and scope creep, leading to significant financial repercussions
October 18th, 2023
The Verge, Wes Davis
13 states join the IRS direct-file test after tax prep firms dropped the ball (🇺🇸)
Private tax service companies like Intuit and are getting a bit of competition after they decided not to offer a free version of their tax filing software. Now there is a new pilot project led by the IRS
Beyond Germany
This weeks Beyond Germany offers a glimpse at SaaS domonda (🇦🇹), transfer pricing tool ArmsLength AI (🇵🇱), US-based IVIX (🇺🇸) and new tax app Mei Marie(🇦🇹):
domonda is trying to replicate your finance team in the cloud by offering a feature-rich, web-based bookkeeping tool with export possibilities and a wide partner network.
ArmsLength AI, a new web-based software by our reader Borys, helps you to reduce the time you spend on your transfer pricing projects.
IVIX, founded in 2020, is an AI-enabled tool for tax authorities to help them discover tax evasion.
Mei Marie, a new tax app in Austria, offers private households help with their private tax declarations. They are now often mentioned with troubled Taxefy (we reported) but is very different in a key area: Mei Marie does not offer to submit the tax declarations in their app. It is more an app to collect receipts during the year and to offer you tax tips. More information at brutkasten.
TaxTech Jobs
A lot has happend in the last two weeks and the tax sector is looking across all skills for new talent. We present you the following tax, product and tech jobs across Europe:
RIDE Capital is looking now not only for a Tax Expert but also for a Tax Advisor in a management position
Candis needs a Senior Software Developer and is still looking for an Accounting Expert for their marketing team
domonda also needs developer knowledge and is searching for a Lead Developer for their SaaS product
lexoffice, part of Haufe Group, needs people. Being open for a Product Owner and a Tax Expert for their customer support team, while Haufe Group itself is looking for a Legal Content Designer (Tax)
The full overview of our European job board with over 40 jobs in the TaxTech sector is available here:
The End
That is all we have for you on this Sunday. We strive to inform you in the best way possible. Please send any feedback - the good, bad and the ugly - directly to us by using our contact page. It is much appreciated and we aim to improve day by day.
We also set up a LinkedIn page where you can follow our daily news directly in your feed.
You can expect the next Value Added Tech newsletter with more news about the German and European TaxTech sector on November 5th, 2023.
Made with 💜 in Berlin
Note: Despite careful preparation, we are not liable for the content of this newsletter. Until a legally binding verdict is reached, the presumption of innocence always applies. For further information, please check the respective referenced sources.