Tax Engine

Withholding Tax Calculation Engine

The Naqoda Withholding Tax Calculation Engine is a multi-country software solution for the calculation and reporting of interest income tax and capital gains tax. The solution supports various countries and can be extended to support other countries as well.

Functional architecture

Functional architecture

  • Germany: Flat Withholding Tax (Abgeltungssteuer) and European Savings Tax
  • Austria*: Capital Income Tax (Kapitalertragsteuer), European Savings Tax (Europäische Quellensteuer) and Foreigner Capital Income Tax (Ausländer-KeSt)
  • France*: Withholding Tax (Prélèvement Forfaitaire non Libératoire) and European Savings Tax
  • EU*: EU Savings Tax

* Planned for a future release.