SaveTax, developed by Ucronik Solutions, is a solution to calculate, simulate and report tax amounts concerning the customers having their assets in the bank.
By using SaveTax, financial institutions calculate the possible taxes to apply to their customers' portfolio positions and report the determining tax amounts (for example: incomes from operations or from transfer, capital gains carried out…).

Through SaveTax, financial institutions offer a clear and personalize financial communication based on tax justificatory helping its customers to establish their income tax statement.

According to their customers' tax residence, SaveTax take into account the customer residency’s tax regime to determine the taxable data and the related tax calculation. According to the tax regime, SaveTax offers various tax justificatory.

Our vision

In order to rationalise its operations and to answer to its traditional requirements, financial institutions must optimise its costs and the value of the services to its customers.

In this context of services valorisation, Ucronik, through its tax solution SaveTax, proposes to:

Calculate the taxable amounts according to the tax regime to apply
Report the incomes, the capital gains, and the taxes related with their customers assets
Treat several taxations from a single platform
Receive a periodic update of the taxation rules
Support their customers with a 'zero defect' solution concerning tax communication
Comply with the tax regulations requirements
Control the applicable tax to the assets owned by their customers
Improve tax management concerning the assets owned by their customers and to simulate the tax impacts
...

Our mission

The taxation holds an increasing place in the portfolio management because of continuous adoption by the public authorities of measurements worsening the taxation which weighs on the detention and the transfer of patrimonial assets.

To answer this mission, Ucronik proposes to implement and to maintain SaveTax, our solution for tax calculation, simulation and reporting.

Ucronik allows to:

Define upstream project of implementation and stakes of the tax functions
Determine implementation phases
Define a tax reporting adapted to the constraints of the bank and the tax regime
Deploy SaveTax in production mode

SaveTax can be interfaced with any banking information system or software package available on the market (ETL process).
The respect of standards (Oracle, XML…) facilitates conformity with the information systems.