Xceptor® Tax Hub is a complete withholding tax reclaim solution allowing organisations to manage all the activities required to ensure that reclaims are processed with maximum efficiency.

The Xceptor® Product Suite

Xceptor® Tax Hub is an integrated member of the Xceptor® suite of web service products. By making use of the data services, matching, exception management, scheduling and user profiling building blocks, Xceptor® Tax Hub delivers an advanced solution to an organisation's withholding tax reclaim needs.

Tax Reclaim Challenges

• Continually improve cash collection process, particularly if contractual payment arrangements are in place.
• Accept multiple sources of income related data.
• Support a global range of markets, treaties, financial instruments, beneficiary types and tax authority forms
• Remove paper from the process, and provide documentation workflow and automated renewal for reclaim and relief-at-source markets.
• Allow tax reclaim process to take place from multiple locations but provide management with consolidated information.
• Handle a wide variety of products: equities, ADRs, fixed-income, REITs.
• Ablility to control stock by agent, location and account.

Xceptor® Tax Hub:

Integrates a range of diverse and, until now, paper and manually intensive activities, into a highly automated service.

• Data management. Accepts dividend, holdings, income and payment information from multiple sources; provides extensive facilities to validate, enrich and transform data.
• Document and forms management. Provides a highly functional capability to manage all tax authority and client documentation necessary to provide a high level of reclaim automation.
• Reclaim calculation. Reclaim calculation is business-rule driven, making it responsive to changing treaty and market information.
• Workflow and status management. Supports the operational business requirement to ensure that workload is managed flexibly. Provides all the facilities necessary to actively track all reclaims and documents.
• Payments. Tax Hub integrates with NOSTRO processing for integrated reconciliation and matching.
• Reporting. Provides a range of management reports to monitor and control reclaim performance.
• Electronic Submission. Supports optional electronic submission in markets such as Denmark, Germany, Switzerland and Ireland.
• Client Take-On and Migration. Provides tools to assist with these operational processes.