Naqoda TaxEngine is a software solution for automated calculation and preparation of interest income tax and capital gains tax according to article 20 EStG, article 22 section 2 EStG, in combination with article 23, paragraph 1, section 1, clause 2 through 4 EStG of the German Tax Law.

This allows a financial institution to meet the reporting requirements for capital gains and interest income reports (Jahresbescheinigung).