Rely on a staff of attorneys and accountants with more than 200 years of combined tax and legal experience to monitor the corporate actions that matter the most to you.
Problems solved:
Lack of staff members to devote to monitoring corporate actions and their tax implications
Risk due to failure to book a transaction or inaccurately booking a transaction
Costly mistakes due to lack of understanding of the tax consequences of corporate actions
Time-consuming processes
Need for operational efficiency in tracking corporate action tax consequences
Difficulty incorporating basis related adjustments into operations portfolio accounting systems
Key features:
Highly detailed and accurate corporate action taxability information
Automated corporate action taxability for all US and foreign equities, based on customer securities of interest
Timely cost basis and fair market value information
One stop shopping for all publicly available Form 8937s
Historical corporate actions
Cost basis calculator
Product Sheet
Capital Changes
Withholding Suite
Accurate and timely withholding is a critical component of broker operations.
Because withholding agents are personally liable for any tax required to be withheld, noncompliance creates costly risks and financial liabilities for firms that must withhold U.S. tax on payments to nonresident aliens, and firms that deliver Forms 1099 to U.S. taxpayers.
