News
January 28, 2021

Official Tax API Launch

3 minute read

Aeco has publicly launched its Tax API. The Tax API is part of the Tax Technology offering developed by Aeco to provide programatic access to tax legislation. With this Tax api, we aim to disrupt the way companies, governments and universities interact with tax regulations.

What is Tax Technology and a Tax API?

Definition of Tax Technology: Tax Technology can be defined as the use of any kind of technology to improve the way we interact with tax regulations. Tax Technology is and will be the main driver to increase value for clients as well as internal efficiency in the next decade. Tax Technology ensures both the quality as the time spend on tax matters.

Tax Technology is any kind of technology to improve the way we interact with tax regulations.

An application programming interface ('API') is a computing interface that defines interactions between multiple software intermediaries (Source Wikipedia). In other words, an API is a way of communication between computer programs.

A Tax API is a novel way to digitally interact with tax regulations and allows you to access tax legislation in a programmable format. Aeco's Tax API is a state-of-the-art and patent-pending technology that enables programmatic access to tax regulations in order for companies, governments and universities to quickly access tax regulations and use them across their projects in a digital and integrated way.

The Tax API is a novel way to digitally interact with tax regulations and allows you to access tax legislation in a programmable format

Aeco already uses this technology internally for the development of its own Tax Technology solutions. With the launch of this API, Aeco also provides access to other companies and the broader public. In doing so, we aim to create a level playing field and make (tax) law more accessible.

Why use Tax Technology and a Tax API?

Our API provides an easy way to build financial applications of any kind without having to worry about programming and maintaining the tax legislation yourself. It converts tax knowledge of a "human expert" and converts this into digitised knowledge that can be made available to a wide audience.

The Tax API is maintained by a team of tax experts and developers to empower anyone with programatic access to the newest financial legislation.

The API has two main branches:

  • calculations: to make various calculations in a wide variety of situations
  • optimisations: use our patent-pending technology to perform optimisations to decide on what's financially beneficial.
The Tax API empowers anyone with programatic acces to the newest tax legislation and brings Tax Technology to your doorstep.

Take a look at the Tax API Documentation

Are you curious to find out more about the future of tax and Tax Technology? Then it's your lucky day since the Tax API documentation is publicly available.