Seattle, WA – November 12, 2015 – Avalara, Inc., a leading provider in the transactional tax compliance industry, announced today that Ernst & Young LLP (EY), a global leader in assurance, tax, transaction and advisory services has licensed the Avalara Returns Excise Enterprise compliance platform. Through this licensing, Avalara will provide an instance of Avalara Returns Excise, the industry leading compliance automation platform for excise tax return filings. In turn, EY will be able to utilize the platform to provide robust compliance services to its fuel and environmental excise tax clients.
Avalara Returns Excise determines applicable taxes, generating schedules and returns for all major reporting jurisdictions in the United States. This service supports EY’s current excise tax team in transforming client operational information into timely and accurate excise tax compliance.
“Avalara’s cloud compliance platform was the logical choice to handle the automation aspects of our engagements with energy clients, and Avalara’s proven track record in serving enterprise-level businesses with highly complex compliance needs led to the decision to license this solution,” said Ashley Scheele, a partner in the National Excise Tax Practice at EY. “We’ve been working successfully with Avalara, and they’ve consistently fit well into our overall mission of providing exceptional tax compliance and consulting services to our clients.”
Avalara helps businesses of all sizes achieve compliance with sales and excise tax, VAT and other transactional tax requirements by delivering comprehensive, automated, cloud-based solutions that are fast, accurate and easy to use. Avalara’s end-to-end suite of solutions is designed to effectively manage complicated and burdensome tax compliance obligations imposed by state, local and other taxing authorities in the United States and internationally.
Avalara offers hundreds of pre-built connectors into leading accounting, ERP, ecommerce and other business applications. The company processes millions of tax transactions for customers and free users every day, files hundreds of thousands of transactional tax returns per year and manages millions of exemption certificates and other compliance-related documents.
A privately held company, Avalara’ s venture capital investors include Sageview Capital, Battery Ventures, Warburg Pincus, Technology Crossover Ventures, Arthur Ventures and other institutional and individual investors. Avalara employs more than 1000 people at its headquarters on Bainbridge Island, WA and in offices across the U.S. and in London, England and Pune, India. More information at: www.avalara.com.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
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