Add distribution split categories

The system uses the distribution categories as set on the Registered country of the Custodian of the Instrument account to determine the distribution categories to display on the instrument account’s distributions.

To add distribution split categories, go to the Custodian’s Registered country

Complete the relevant Split Category information and save
The split category information must be setup correctly, as the setup has an influence on tax certificate information

Also see interest and withholding tax based on the investor’s tax residency, should a distribution split category only be applicable to non-residents, or only to residents or to both.

The distribution split category will now appear on distributions where the Custodian on the Instrument Account has Argentina as registered country.

See  setup format for interest and dividends certificates where you configure which interest and distribution categories must be summed and shown in the interest and dividend certificates.

Last Updated on 4 months ago by Adrienne Dill