Pyxus International's Adoption of Orbitax Global Minimum Tax supported by Global Tax Management
About Pyxus International
Pyxus International is a global agricultural enterprise, operating in 30 countries, employing around 3,000 people and generating annual revenues of approximately $2 billion. Pyxus is in business to be a trusted provider of responsibly sourced, independently verified, sustainable and traceable products and ingredients, and prioritizes the well-being of its contracted growers and the communities in which it operates. Bethany Walker is Senior Tax Manager at Pyxus International and has been involved in the implementation of Orbitax Global Minimum Tax since she joined the company in spring of 2024.
Why Pyxus International selected Orbitax
The Pyxus International tax department constantly seeks to streamline and enhance its tax accounting and reporting processes. The increasing complexity of the OECD Pillar Two rules, combined with the anticipated compliance burden, made it clear that Pyxus required a robust software solution capable of managing complex, multi-jurisdictional tax obligations. This became even more apparent due to new registration requirements in the United Kingdom, which underscored the difficulties of maintaining compliance without specialized tools.
“Software has been on our minds during this whole journey, not only at the end.”
Additionally, as Pyxus will be implementing SAP S/4HANA in the future, having a solution in place for global minimum tax helps to identify the data needed from their ERP system. Orbitax emerged as the natural choice, as Pyxus was already using the Orbitax International Tax Calculator for US foreign source income calculations. The decision was driven by a need for a comprehensive solution with strong internal controls, and the ability to evolve into a one-stop shop for future tax compliance and reporting needs.
“When the United Kingdom registration requirements came out, that made us take a step back and think about what other things are we going to need”
Seamless Compliance and Planning with Orbitax: A Unified Solution for Pillar Two
Bethany values several aspects of the Orbitax Global Minimum Tax solution. She particularly appreciates its user-friendly, step-by-step process, which simplifies navigating complex tax rules and ensures accurate compliance across multiple jurisdictions.
“The Step-by-step process is neat.”
The software’s ability to integrate both reporting and planning into a single platform is a major advantage, meeting Pyxus’ need for a unified solution that handles the intricacies of international tax laws without relying on multiple systems.
“I like that we're able to track our work and see visualizations, as well as the legislation and tax rates.”
She notes that while software is often only as effective as the data and user inputs, Orbitax’s intuitive step-by-step approach, supports users in understanding the rules and producing accurate outputs.
“I like that Orbitax offers one solution for reporting and planning requirements as we're typically used to a couple different solutions for financial reporting and compliance that may not always talk to one another.”
Working with Global Tax Management
Pyxus International maintains a trusted relationship with Global Tax Management (GTM), drawing on their prior experiences and successful tax software and process implementations. As Pyxus continues its tax digitization and automation journey, GTM’s technology-agnostic approach and comprehensive service offerings—spanning Tax Technical Consulting and Tax Technology—have been instrumental. Their status as a Certified Implementers of ONESOURCE and Orbitax makes them the partner of choice to implement the new Pillar Two reporting processes and technology.
In addition to their technical capabilities, GTM provides valuable flexibility by offering loan staff during peak seasons and hands-on support as needed. This adaptability enables Pyxus to initiate new projects while managing ongoing reporting and compliance processes. GTM also offers high-quality services that deliver great value while staying within budget.
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Contact us today to learn more about the Orbitax Global Minimum Tax Solution and how we can help to navigate through the complexities of International Taxation.
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