ForTC
Withholding Tax Relief Management for Asset Management Companies
Manage administration, controlling and reporting conveniently and with maximum compliance
Withholding tax relief processing: The key to success
Implement technology-driven solutions and adopt a proactive management approach
Withholding tax relief processing is on the rise, fuelled by the EU Commission's FASTER proposal and growing investor portfolio diversification. Often underestimated, the economic impact of withholding tax can lead to compliance gaps and financial losses. Embracing technology-driven solutions is key for staying compliant and maintaining a competitive edge.
Our solution
Explore automated and streamlined Withholding Tax Relief Management
ForTC enables Asset Management Companies to effectively manage dividend and interest income, including withholding tax with depositary banks and external service providers.
Asset management companies can handle the administration, controlling and reporting of withholding tax-related processes through a single application within the software
By integrating internal systems with RAQUEST, ForTC facilitates a seamless transfer of dividend and interest distribution amounts and reclaimable withholding tax. It also encompasses claim management by detecting discrepancies and supporting the transition of open payments into the RAQUEST Standard Refund process.
An effective management of vendor risks is ensured by supervising both the claim management, and the receivables settlement.
Your Benefits
Empower your operations
Tailored to asset management companies’ requirements and workflows
Seamlessly integrable into RAQUEST software for efficient processing
Effortlessly import data from upstream systems using standard formats
High automation to minimise and effectively manage risks
Enhance compliance by meeting investor reporting obligations and monitoring depositary banks and other service providers
Increase Relief at Source rates for accelerated withholding tax reinvestments
Deliver superior revenue performance compared to competitors
Unlock Your Withholding Tax Potential
RAQUEST is the comprehensive Product Suite to handle Withholding Tax Relief
With RAQUEST, withholding tax processing becomes effortless, covering every relief and recovery procedures with end-to-end digitisation.
Transform your expenditure hub into a revenue generator by implementing the leading solution for Withholding Tax Reclaim procedures.
Withholding tax Monitoring
Efficient Tax Management for Asset Management Companies
forTC monitors and controls withholding tax claims, particularly funds used for bank monitoring. Tailored for asset management companies, forTC ensures streamlined tax processes and compliance for uses cases such as SLA-Management, Benchmarking, Traffic Allocation & Liability Management
Withholding tax Processing
Relieve your clients from Double Taxation
Transform withholding tax management in a digital and profitable service - With tailored solutions for every demand, RAQUEST offers holistic and automated solutions to relieve your clients from double taxation with Relief at Source, Quick Refund or Standard Refund procedures. Unlock efficiency, boost profitability, and elevate your customer service.
Withholding tax Transfer
Seamless Data Transfer to Tax Authorities
Discover our digital withholding tax reclaim with STTI and master all digital claiming procedures. STTI is the leading gateway facilitating the efficient, digital transfer of tax-related data and documents between banks' internal systems and tax or application authorities – an all in one gateway for streamlined connectivity to tax authorities and seamless data transfer.
Withholding tax Reporting
Modular reporting solutions for financial institutions
Explore the specialised modules, designed for custodians and foreign banks, to efficiently handle tax reporting in Germany. Generate, consolidate, validate, store, and prepare essential data and documents with maximum compliance with the latest German regulations (MiKaDiv).
Embrace proactive withholding tax relief management
RAQUEST is the leading partner for your asset management tax performance
Proficiency and Client-Centric Approach
With more than 15 years of experience in withholding tax, RAQUEST stands out as the premier software solution for processing withholding tax relief. Our accomplishments stem from the fusion of extensive expertise and a cooperative relationship with our clients, crafting solutions tailored to an interconnected financial sector.
Tech and Passion
Software is our DNA. The RAQUEST product team exudes passion and expertise in designing, refining, and supporting advanced software solutions. The focus lies on efficient, future-proof, accessible, and flexible web technologies to ensure all RAQUEST products meet the evolving needs of every financial institution.
Early adopter in regulatory evolution
As strategic ally and early adopter, RAQUEST serves as nexus for politics, tax authorities, associations, and the financial industry. Excelling in steering technical and procedural aspects of digitisation initiatives, we maintain a vigilant watch on industry shifts and trends and step in as a solution provider. RAQUEST’s expertise and advanced capabilities pave the way for compliant and effective withholding tax relief processing.
STTI Gateway
Mastering digital claiming procedures
STTI facilitates secure data transfer regardless of the required procedure. The interface supports the electronic submission of applications or seamlessly transfers data to the tax authorities’ web form. Avoid tying up valuable resources by developing a system in-house – opt for a market-proven solution instead.
