Dividends and tax
Dividend withholding tax, worked out per participant
Dividend administration is the job that turns one payment into fourteen tax positions. FundFlow books the dividend once, applies the paying country's withholding rate, and splits gross, withheld and net across your participants by their share.
No credit card. Nothing is charged until your first 30 days are over.
From one payment to fourteen tax positions
You book what arrived. Everything downstream is derived.
Book it per security
Security name and ticker, the position held, the ex-date and the pay date, the gross amount, its currency and the rate you converted at.
The country sets the rate
Choose the paying country and the withholding rate is prefilled from a stored table, with a live preview of gross, withheld and net before you save anything.
Allocated by ownership
On save the dividend is split across participants according to their share of the fund, so nobody has to work out who is owed what.
Rolled up per year and per country
Each participant's page shows their yearly totals, expandable to the per-country rows behind them.
Straight into the annual statement
The year-end report includes a dividend withholding summary block, personalised per recipient and frozen at the moment you save it.
What this is and is not
It is a withholding-tax record, not a tax return
FundFlow produces the per-participant, per-country figures your accountant needs. It does not file anything, and it is not tax advice.
The conversion rate is yours
A dividend in another currency is converted at a rate you enter. There is no exchange-rate feed, which means the rate on the record is the one you can defend.
Securities are tracked for dividends only
FundFlow administers fund-level assets and unit positions. It is not a portfolio management system, and dividends are the only place individual securities appear.
What this is really about
Dividend administration is the job that turns one payment into as many tax positions as you have participants. The dividend arrives once, net of whatever the paying country withheld, and every participant needs their own share of the gross, the withheld and the net, for their own tax return, for the year it fell in, split by the country it came from.
Done by hand, that is a spreadsheet per year per participant, and the withholding rates have to be looked up each time. Here you book the dividend once against the security: position, ex-date, pay date, gross amount, currency and rate. Choosing the paying country prefills its withholding rate, and a live preview shows gross, withheld and net before you save anything. On save the amounts are allocated across participants by ownership share and roll up into per-year, per-country summaries that go straight into the annual statement.
Questions about this
Where do the withholding rates come from?
A stored table by paying country. Choosing the country prefills the rate, and you can override it if your fund's situation differs. The preview shows the effect on gross, withheld and net before you commit, so a wrong rate is visible while it is still cheap to fix.
How does this reach a participant’s tax return?
Each participant's page shows their yearly totals, expandable to the per-country rows behind them. The year-end report includes a dividend withholding summary block, personalised per recipient, and its figures are frozen when you save the report so a later recomputation cannot change a statement that has already gone out.
The rest of the product
Every part of FundFlow works on the same monthly cycle. These are the neighbouring pieces.
Book last year's dividends and see the summaries
It is the fastest way to find out whether the per-participant, per-country figures match what you produced by hand.
In your first session
- Create the fund and add the participants who held units during the year you want to check.
- Book a dividend you actually received, with its paying country, gross amount and rate.
- Open a participant's tax summary and compare the per-country gross, withheld and net against your own working.
No credit card. Nothing is charged until your first 30 days are over.