Naqoda provides software solutions and consulting to the financial industry. Supporting banks with greenfield launches and localisation projects right up to complex core banking implementations and integrations.
The Naqoda German Flat Withholding Tax Engine (GWFT) is a software solution for calculation and reporting of interest income tax and capital gains tax according to German tax law.
It supports the automated calculation and preparation of interest income tax and capital gains tax (abgeltungsteuer) according to German tax law. This allows a financial institution to meet the reporting requirements for capital gains and interest income reports (Jahresbescheinigung, etc).
The integrated Temenos T24 – Naqoda Tax Engine offers a complete end-to-end solution for banks in Germany.
For further information please visit www.naqoda.com