The 20/22 Act Society is a mobile day counting application, designed for those who travel frequently to countries where day counting is used in establishing residency. The application utilises location and tax data to provide users, their tax advisers and employers with real-time residency information.The 20/22 Act Society app delivers user friendly innovation that supports the establishment of tax residence, non-residence, tax domicile, social security payments and permanent establishment calculations. The product is valuable for HNWs, global employees and international entrepreneurs who are supported by tax advisory firms, family office private clients and globally mobile employers. The 20/22 Act Society app saves a firm an average of three FTEs on record keeping. It significantly reduces error rates and delights the users with timely tax information. The solution is simple. It combines historical location and tax data to provide the users with real-time residency information. Employers and tax advisors can use it to link compliance obligations and taxation rules across various jurisdictions. Key Features of the app:• Advised or corporate clients are authorised by their firms to use the app. All other clients are required to pay monthly / annual licensing fees.• Protect against residency audits and plan for the future.• Captures the total number of days a user has spent in each country during the tax year• A summary screen provides status updates in advance of a residency status change• Send data in spreadsheet format directly to your accountant for review• Incorporating tax information from 25 countries• Use a photo or screenshot as evidence of travel, satisfying the burden of proofThe app is offered exclusively to members of the Act 20/22 Society in Puerto Rico. Non members will be re-directed to the Resident Tax App and put in touch with their team for paid activation and user support.Non advised clients will be offered a free trial period at the end of which a nominal monthly / annual charge is payable.All data is secured using AES and SSL encryption
The 20/22 Act Society
