Relief at Source
of foreign withholding taxes
RAQUEST is the one and only software that covers the entire relief at source process digitally
Relief at source allows you to offer your clients the best possible service. The software independently handles the entire process, from data collection and certification, to checking incoming event messages and reporting inventories. Due to the high degree of automation, deadlines are met and errors in the process are avoided.
If relief at source cannot been carried out, RAQUEST offers the possibility of quick refunds or reclaim of withholding tax.
RAQUEST at a glance
Ensuring that country-specific requirements are up to date
Corporate actions (cash and stock dividends)
Support of all customer types
Relief at source in Finland
Finland officially introduced the TRACE (Treaty Relief and Compliance Enhancement) procedure on January 1, 2021. Financial institutions across the globe may now participate in the TRACE-procedure in order to exempt their investors from withholding taxes on Finnish dividend payments.
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Tax relief at source
Tax relief at source of foreign withholding taxes enables financial institutions to offer their custody account holders a valuable service.
Relief at source withholding tax
Relief at source from withholding tax helps financial institutions avoid lengthy procedures of withholding tax reclaim.
Relief at source software
The RAQUEST software is the only relief at source software that covers the entire relief at source process digitally.