P ess Release o. 08/2026
cB ai to delive F2 fo i te atio al tax complia ce i Tu ks a d Caicos Isla ds
Cope hage , Novembe 3, 2026
cB ai ® (NASDAQ: CBRAIN) has e te ed i to a ag eeme t with the Gove me t of the Tu ks a d Caicos Isla ds (TCI) to delive a F2-based digital platfo m suppo ti g i te atio al tax epo ti g a d i fo matio excha ge i acco da ce with OECD sta da ds a d U.S. equi eme ts.
Rathe tha developi g a ew IT system, cB ai will delive its existi g F2 comme cial off-the-shelf (COTS) softwa e platfo m, co figu ed to suppo t TCI’s admi ist ative p ocesses a d egulato y obligatio s.
The ag eeme t demo st ates the global applicability a d fu ctio al b eadth of F2, while suppo ti g cB ai ‘s st ategy of expa di g i te atio ally th ough the euse of sta da d softwa e.
Suppo ti g i te atio al tax t a spa e cy a d complia ceThe ew platfo m will suppo t the Fi a cial T a sactio s I fo matio Excha ge (FTIE) U it, which ove sees TCI’s i te atio al tax epo ti g a d i fo matio excha ge obligatio s.
These i clude the OECD Commo Repo ti g Sta da d (CRS), the U.S. Fo eig Accou t Tax Complia ce Act (FATCA), Excha ge of I fo matio o Request (EOIR), Eco omic Substa ce (ES), a d Cou t y-by-Cou t y Repo ti g (CbCR).
The objective is to establish a secu e digital platfo m suppo ti g the admi ist atio , p ocessi g a d excha ge of tax- elated i fo matio with i te atio al pa t e ju isdictio s.
Such systems play a impo ta t ole i e abli g gove me ts to meet i te atio al t a spa e cy equi eme ts, st e gthe egulato y complia ce a d suppo t coope atio betwee tax autho ities.
Buildi g o p ove F2 solutio s i the U ited A ab Emi atesThe TCI ag eeme t builds o cB ai ‘s p evious expe ie ce delive i g F2-based tax complia ce solutio s to the Mi ist y of Fi a ce i the U ited A ab Emi ates.
These i clude solutio s suppo ti g Eco omic Substa ce Regulatio s (ESR) a d OECD- elated epo ti g equi eme ts, i cludi g Cou t y-by-Cou t y Repo ti g (CbCR). Today the ESR solutio is used i the U ited A ab Emi ates by mo e tha 35,000 compa ies a d 300 gove me t employees a d audito s.
Buildi g o this expe ie ce, cB ai is ow b i gi g its p ove softwa e platfo m a d impleme tatio expe tise to the Tu ks a d Caicos Isla ds.
The ag eeme t illust ates how sta da d softwa e a d expe ie ce developed fo o e gove me t ca be eused i te atio ally, while adapti g the platfo m to the specific legal, o ga izatio al a d admi ist ative equi eme ts of a othe ju isdictio .
Demo st ati g the global scalability of sta da d gove me t softwa eGove me t o ga izatio s wo ldwide face simila challe ges i digitizi g public admi ist atio . Although legislatio a d admi ist ative p ocedu es diffe ac oss ju isdictio s, ma y u de lyi g equi eme ts a e fu dame tally the same.
These i clude case ma ageme t, docume t ma ageme t, wo kflow automatio , secu e i fo matio excha ge, complia ce co t ols a d audit t ails.
T aditio ally, such equi eme ts have ofte bee add essed th ough custom-built IT systems, i volvi g complex developme t p ojects, high costs a d lo g impleme tatio timeli es.cB ai offe s a diffe e t app oach.
The F2 platfo m b i gs togethe co e gove me t fu ctio ality i o e i teg ated sta da d softwa e p oduct. Usi g F2 Se viceBuilde , the platfo m ca be co figu ed to meet specific gove me t equi eme ts without modifyi g the u de lyi g softwa e.
This e ables gove me ts to be efit f om p ove softwa e fu ctio ality a d co ti uous p oduct upg ades, while educi g the complexity, costs a d isks t aditio ally associated with custom developme t.
Fo cB ai , i te atio al euse of sta da d softwa e is ce t al to its g owth st ategy. By co figu i g a d deployi g the same F2 platfo m ac oss multiple custome s a d cou t ies, cB ai aims to expa d its i te atio al busi ess without the costs a d complexity of developi g a d mai tai i g sepa ate softwa e p oducts fo each ma ket.
The TCI ag eeme t demo st ates both the b eadth of the F2 platfo m a d the pote tial to scale cB ai ‘s i te atio al busi ess th ough sta da d softwa e athe tha custom-built solutio s.
About cB ai cB ai ® (NASDAQ: CBRAIN) is pio ee i g a ew ge e atio of i teg ated e te p ise softwa e, built specifically fo gove me t.
The cB ai F2® softwa e b i gs togethe case ma ageme t, docume t ma ageme t, wo kflow automatio , digital se vices a d a tificial i tellige ce i o e u ified platfo m. Delive ed as comme cial off-the-shelf (COTS) softwa e, F2 e ables gove me t o ga izatio s to accele ate digital t a sfo matio without the complexity a d cost of t aditio al custom-built IT systems.
F2 is used by mo e tha 75 public autho ities i De ma k, i cludi g the Da ish gove me t mi ist ies, p ovidi g a p ove fou datio fo i te atio al expa sio .
Buildi g o De ma k’s positio as a global leade i digital gove me t, cB ai is b i gi g the Da ish model of digital gove me t to the wo ld. Today, F2 is used by gove me t o ga izatio s ac oss five co ti e ts, demo st ati g how the Da ish model ca be eused a d scaled i te atio ally th ough sta da d softwa e.
Best ega ds
Pe Tejs K udse , CEO
I qui ies ega di g this P ess Release may be di ected to
La s Mølle Ch istia se , CFO & Head of I vesto Relatio s, cB ai A/S, i @cb ai .com, +45 24429300
