Scope
This online software calculates German tax according to 2009 specifications.
The current release provides functionality for the following:
- Calculation of taxable basis for cash interest income transactions, fund buy & sell transactions and fund distribution & accumulation
- Calculation using exemption rules of exoneration amount (Freistellungsauftrag), share & other loss compensation balance and foreign source compensation balance
- Calculation of capital gains tax (Kapitalertragsteuer), church tax (Kirchensteuer) and solidarity surcharge (Solidaritatszuschlag)
- Invididual clients & groups of individuals
- Management of clients static data including NV certificate, individual and joint exoneration amount, time restricted exoneration amount, percentage split for church tax
- Management of in-year changes in clients static data
- Management of securities static data including transparent & intransparent funds
- Computation of securities FIFO chain
- Support for backdated transactions & cancellations
- Online user interface with realtime tax calculation simulation
- Provision of data for monthly & yearly tax reports to authorities
- Provision of data for yearly customer tax certificate (Jahressteuerbescheinigung) & income listing (Erträgnis Aufstellung)
- SOAP web services interface
- Interface with data provider WMDaten