Tax Systems completed the acquisition of Loctax.

Tax Systems, a global tax and accounting software provider, completed the acquisition of Loctax, a provider of collaborative tax, compliance, risk and governance solutions for in-house global tax teams. Financial terms were not disclosed. Leveraging the latest innovations in cloud and AI, the integration of the two companies’ solutions represents a significant milestone in Tax Systems’ commitment to its vision of 'one platform, total control'. For customers, the acquisition will deliver enhanced control over their tax operations. In addition to compliance, they can gain complete visibility of their data and obligations, with the confidence that all aspects of their tax function are connected and securely managed.