Short description:

Enhancement of an application system for processing securities transactions. Identifying the interest income tax according to the modified net principle, difference method and/or flat-rate assessment basis, as well as settlement with any exemption orders. Fiscal processing of capital transactions such as interest payments, dividend payments and repayments.


Managing exemption orders and accrued interest common funds. Creation of annual tax certificate and declaration of earnings. Creation of a report for the monthly tax declaration pertaining to the interest income tax payment to the tax office. Conversion of the calculation method for the difference method in order to ignore profit/loss from changes to exchange rates when determining the market return.

Technical description:

Tax accounting in securities transactions. Changeover from German securities identification to international ISIN as structuring concept in securities processing.