Products
TaxTrail© for Issuers
TaxTrail© was developed based on 5 years experience at the forefront of Tax Statement information production. Customisation is required in order to adapt the Warrant Issuers requirements, Tax Interpretation and back-end systems.
In its standard form TaxTrail:
· Calculates Interest and Borrowing Fee’s for both Individuals and Self Managed Super Funds across multiple financial years.
· Displays Capital Gains Tax information relating to transactions.
· Displays registered trades as recorded by the Warrant Issuers Registry provider.
· Displays Dividend details as recorded by the Warrant Issuers Registry provider.
· Calculates entitlement for Dividends, Corporate Actions, Resets and Interest draw downs.
· Assumes First in First Out (FIFO) on all interest and Borrowing Fee calculations, including Resetting Instalments.
· Assumes a 12 month financial year.
TaxTrail© for Wrap Providers
This communication module enables a simple feed of Tax Statement Data via a high security network for holdings maintained on a Wrap Platform. Through a simple request system (SRS) data can be provided covering:
· Prepaid Interest (for Individuals and Self Managed Super Funds)
· Borrowing Fees
· Capital Gains Tax information
· Registered trades as recorded by the Warrant Issuers Registry provider
· Dividends, Corporate Actions, Resets and Interest draw downs.
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