Issue

I need to record the Distribution - Tax Statement events at different dates to correspond with each distribution event received, how can I do this?

Background

When a fund has different ECPI periods, income in the period "Deemed Segregated" will be fully exempt. In order to ensure the correct tax has been calculated, an Annual Tax Statement should be processed for each distribution received, according to the date of the distribution.

Resolution

Annual Tax Statements can be processed using the following methods:

• Automated Tax Statement, or
• Manual Tax Statements

Automated Tax Statement

Navigate to Fund Level > Periodic Processing > Tax Statement Console

1. When creating the Annual Tax Statement event, tick the check box Use Distribution Date
   
   
   
   
2. Confirm amounts and click Submit

Manual Tax Statements

Navigate to Fund Level > Transactions > Fund Income > Distribution - Tax Statement

Refer to the Manual Tax Statements article for further guidance.