The challenge
Addressing the increasing regulatory and investor demands on fund tax reporting is high on c-suite agendas across the financial investor, investment management, and asset servicer sectors. The financial services industry needs to regularly digest and apply frequent changes to international tax regulations to remain compliant and reputable, while many teams are facing reduced headcount, making the situation even more challenging.
In the current state of heightened competition, cost management of business activities is paramount. Transfer taxes, such as UK stamp duty and the French and Italian financial transaction taxes, have historically been considered an unfortunate cost of business on in-kind equity movements. However, with a little governance, it is possible to realize tax cost savings with a number of exemptions, reliefs, and ruling opportunities.
iPACS Global Transfer Tax provides global transfer tax information and real-time in-kind transition tax illustrations based on your raw custodian data. This allows you to benefit from increased cost transparency, an improved approach to compliance, and increased efficiencies on in-kind transactions.
Features
Up-to-date, global transfer tax rates and rules in one simple portal
New regulations or proposed changes delivered as notifications
Instant, real-time illustrations with best practice tips based on raw custodian data
Dedicated support from our UK-based iPACS Global Transfer Tax team
Access to our global transfer tax specialists through a single hub
Configured to fit your business operations
How it works
See global transfer tax rates
The inbuilt global map highlights the markets you’ve subscribed to, providing a summary of the key points for the particular transfer tax regulations.
Set your fact pattern
Through tailored questions, you can confirm the relevant transition flow, fund, or investment scheme data to be analyzed, along with any relevant jurisdiction information.
Analyze your transactions
At the click of a button, iPACS Global Transfer Tax illustrates the transfer tax exposures and highlights possible exemptions for all fund vehicles in the leading fund management jurisdictions. Real-time international transfer tax results based on raw custodian data are provided to an ISIN level in a simple, graphic format.
Seek further advice
With direct access to a dedicated team of Deloitte specialists, any questions or concerns you may have are answered without delay.
Learn more
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The services/technologies are representative of services across the global network and not necessarily those of the US member firm.