Bloomberg Tax & Accounting has made a significant expansion to its Compliance Tracker, a workflow tool available on Bloomberg Tax Research that enables tax professionals to track progress of their filing obligations paired with automation of the cumbersome, time-intensive process of tracking and gathering of deadlines and forms.

In response to customer feedback, Compliance Tracker users can now track and collaborate on filing activities for income tax obligations in over 200 countries. Additionally, Compliance Tracker now supports automated monthly VAT forms for more than 100 countries, as well as monthly sales and use forms for U.S. Sales & Use taxes.

Compliance Tracker ensures accurate and timely tax filings, reducing risk of non-compliance and penalties by incorporating trusted data compiled and maintained by Bloomberg Tax’s in-house tax analysts, who continually track this information and update it in real-time if there are changes to dates or filing requirements.