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January 2008 Ucronik now proposes new legal reports

July 2007 SaveTax goes live in a private Portugese bank

June 2007 An Irish Bank buys the new Client Matching module.
March 2007 Sucessful implementation for Société Générale Bank & Trust Luxembourg.
February 2007 Sucessful implementation for a private bank in Geneva
Octobre 2006 INEUMconsulting Luxembourg and Ucronik Solutions are joining forces for the integration of SaveTax in Luxembourg.
Geneva, October 6th, 2006
Ucronik Solutions, creator of SaveTax, and INEUM Consulting Luxemburg, a major actor in strategic and operational consulting, have decided to join forces to launch SaveTax, a software solution for fiscal calculation and reporting in Luxemburg.

SaveTax is a software solution which performs fiscal calculation, fiscal simulation and fiscal reporting targeting financial institutions. Its flexibility as well as it ease of exploitation allows users to process multi-country tax systems through a single point of entry. Financial institutions can automate some of the fiscal processes that are currently performed manually for their customers, resident or non-resident.

« We observe that more and more banks are looking for integrated solutions allowing them to automate the production of fiscal statements for their residents or non residents customers » Jeanne Baur, CEO Ucronik Solutions SA. « We developed our software with that in mind. Through a very simple front end, banks can integrate and maintain country specific fiscal rules. Once the parameters are set, SaveTax derives fiscal elements impacting customer?s wealth. Banks have an automatic tool which helps them respond to customer demand to provide onshore or offshore fiscal services. »

« We are pleased to join forces with INEUMconsulting to launch SaveTax in Luxemburg. INEUMconsulting will bring its resources and its knowledge of the Luxemburg market to make sure the launch of SaveTax in Luxemburg is a success. »

« Banks’ onshore and offshore customers are demanding comprehensive fiscal services as part of their standard offer. In order to contain the costs of delivering such services, they require a fully integrated software solution which interacts with their banking software. SaveTax is an innovative solution which is very effective for managing multi-country tax systems and automating the production of tax statements. » Eric Crabié, Partner INEUMconsulting Luxemburg. « We are really looking forward to this partnership, which give us the possibility to offer a concrete solution to meet the demands of our customers in term of fiscal services. »

INEUMconsulting

41, zone d’activité Am Bann

L 3372 Leudelange

Luxembourg

Tél. +352 263 774 1

Contact : Eric Crabié, Partenaire
April 2006 New TAX RECLAIM functionnality
Reclamation of taxes withheld on foreign dividends :
Recently published data shows that an estimated USD 6 billion worth of taxes withheld on foreign dividend payments worldwide are not reclaimed.
In Switzerland, this figure amounts to an estimated CHF 300 million. Generally, individual investors don't know that part of this tax can be refunded according to the double taxation agreements between countries. Financial institutions rarely offer this service because of the cost involved (precise knowledge of different fiscal structures, investment in infrastructure etc.). Dividends are therefore taxed twice (in the instrument issuer country and in the investor's country of tax residence) reducing the yields of investments in shares.
Ucronik Solutions proposes an automatic solution for the tax reclamation process. With the new "TAX RECLAIM" functionnality, SaveTax calculates the amounts subject to tax and the amounts that a client may claim as a refund according to the double taxation agreements. The forms required for the tax reclaim process are automatically filled in with the calculated amounts and other information required.
Our software solution is designed to give you an edge on your competitors . It allows you to develop new services for your foreign clientele while improving the yield on their share investments. Our fiscal reporting product SaveTax makes it possible to automate a large part of the fiscal reporting process for personal assets. SaveTax targets custodians, private banks and fund managers who want to develop new services while ensuring a rapid return on investment.
! Swiss news > information on outsourcing
According to the Federal Banking Commission Directive CFB 99/2 "Outsourcing", banks wishing to outsource their tax reporting processes must inform their clients before any personal data is transmitted to a third party. This means the client may terminate contractual relations with his bank without prejudice within a defined timeframe. With SaveTax, Ucronik Solutions provides you with a tool for calculation and fiscal reporting. SaveTax enables you to process certain tasks automatically while keeping tax expertise within your team. Its functionnalities allow you to prepare reports, generate official forms, fill out forms for tax recliam, etc. As a result your team will offer superior service to your clientele and you won't have to worry about losing clients who do not agree to outsourcing of their confidential data. BETTER SERVICE, RETENTION DE CLIENTELE.
February 2006
Learn how our new ASSIGNEE module facilitates dipatching reports to several addresses.
! New in Switzerland 19.01.2006 > electronic declarations
Paying agents can send their declarations of the EU Savings Tax in electronic format instead of paper format to the Federal Tax Administration.
Learn about SaveTax Forms 150,151 module
New IFU SaveTax Module to manage 2561 forms ... .
! New in France: IFU > be prepared for 2007
Starting January 1st, 2007, the threshhold of declared operations on negotiable instruments that can be deposited on tape is set to 100 instead of 30000.
Learn about our SaveTax IFU module and how to manage forms N. 2561 ... .
December 2005
SaveTax integrated in SG Lugano
July 2005
Ucronik Solutions SA moves to
105, Rue de Lyon

1203 Genève

Tél. +41 22 338 13 20

Fax +41 22 338 13 29
June 2005
Launch of Société Générale Private Banking (Lugano-Svizzera) SA project
Read the press release
Ucronik Solutions SA is invited to take part in various events and conferences.
May 2005
European Saving Tax
Wednesday May 25 2005, 4 to 6 pm, Hotel Métropole 34 quay Général Guisan, 1204 Geneva
Free inscription -