Asset Arena Taxation
Asset Arena Taxation specializes in calculations and reporting on taxation for specific rules in selected countries. It integrates easily with Asset Arena Investment Accounting and other fund accounting solutions. The separation from the accounting solution allows for a faster implementation of new countries in a global environment and for a fast adoption of legal changes without impacting the core systems.
Features
- Incorporates core profit calculation methods: WAV, FIFO, SIPD (HIFO, LIFO)
- Imports data and runs it independently from back-office systems
- Integrates with Asset Arena or other front- and back-office systems
- Issues standard reports and provides customization options
- Offers a specialized South African Capital Gains Tax module
Benefits
- Provides flexible and efficient implementation of complex taxation regulation requirements
- Help enable quick implementation of new countries
- Reduces risk of system interdependencies
- Standard reports approved by tax authorities