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iPACS Global Transfer Tax

Analyse your global transfer taxes and identify hidden cost-saving opportunities

The challenge

Addressing the increasing regulator and investor demands on fund tax reporting is high on C-Suite agendas across the financial investor, investment management and asset servicer sectors. The financial services industry needs to regularly digest and apply frequent changes to international tax regimes to remain compliant and reputable, while many teams are facing reduced headcount, making the situation even more challenging.

In the current state of heightened competition, cost management on business activities is paramount. Transfer taxes such as UK stamp duty, and the French and Italian financial transaction taxes, have historically been considered an unfortunate cost of business on in kind equity movements. However, with a little governance, it is possible to realise tax cost savings with a number of exemptions, reliefs and ruling opportunities.

iPACS Global Transfer Tax provides global transfer tax information and real-time in kind transition tax illustrations based on your raw custodian data. This allows you to benefit from increased cost transparency, an improved approach to compliance, and increased efficiencies on in kind transactions.

Keep on top of regulatory change

Supported by our global tax specialists, iPACS Global Transfer Tax is updated in real-time with any new regimes or changes to existing transfer tax rules

Support business growth and increase competitive edge

Opportunities to drive transfer tax efficiencies enables investment managers and financial investors to preserve investment value. This can be seen instantly through bespoke transfer tax illustrations

Increased fiduciary compliance

With iPACS Global Transfer Tax you can fulfil your primary fiduciary duties by providing investors with full cost disclosures, while evidencing due care and attention to reduce unnecessary tax costs

Greater tax risk governance profile

An active approach to transfer tax risk management immediately strengthens in-house tax governance for stakeholder reporting. This allows in-house tax teams to focus on higher value activities

Better anticipation for system and process remediation

Each time you log in to iPACS Global Transfer Tax you will be notified of any new transfer tax regimes. This allows you to stay ahead of changes that will impact your business so that relevant teams can adjust business and operating models ahead of legislation implementation

More accurate tax information

Rather than relying on paper or static Excel-based matrices, which are rarely updated when transfer tax regimes are changed, you can be confident that the rates and rules displayed in iPACS Global Transfer Tax are accurate and up to date

  • Robotic data extraction from over 30 administrators
  • Daily, weekly, monthly or yearly calculations possible depending on local requirements
  • Automated data cleansing and enhancements where needed
  • Multiple asset class coverage
  • Scalable and iterable - can grow and adapt to your business needs
  • Senior expert sign off on your calculations by local Deloitte specialists

See global transfer tax rates

The inbuilt global map highlights the markets which you have subscribed to, providing a summary of the key points for the particular transfer tax regime.

Set your fact pattern

Through tailored questions you can confirm the relevant transition flow, fund or investment scheme data to be analysed, and any relevant jurisdiction information. This process uncovers potential exposures and efficiency enhancements.

Analyse your transactions

At the click of a button, iPACS Global Transfer Tax illustrates the transfer tax exposures and highlights possible exemptions for all fund vehicles in the leading fund management jurisdictions. Real-time international transfer tax results based on raw custodian data are provided to an ISIN level in a simple, graphic format.

Seek further advice 

With direct access to a dedicated team of Deloitte specialists, any questions or concerns you may have are answered without delay.

iPACS Global Transfer Tax

Analyse your global fund taxes and identify hidden cost-saving opportunities

Deloitte’s iPACS Global Transfer Tax technology solution, one of a suite of iPACS tools, can help improve tax risk governance when used alongside existing controls whilst supporting business growth by reducing tax costs

Investment Management

As global leaders in providing services to the investment management industry, Deloitte’s investment management practice provides global resources and capabilities with a local presence, resulting in a clear understanding of each client’s specific market and way of doing business.

iPACS Fund Tax Reporting

Reporting Supporting the investment management industry with their global investor and tax compliance technology needs..