Most Ops Tax regulations are ‘rules based’.
The presence of clear rules means that many practical aspects of the regulations can be automated, and designed so that only the most complex situations need to be reviewed by a person.
Specialist resource is often spread thin in industry teams, and we can help make sure that resource is used in the most effective way for your firm, and significantly reducing the risk of human error when it comes to processing data.
Ops Tax specialists at Hartford have helped to design and build tax technology for financial institutions including for:
- Onboarding journeys
- Self-Certification journeys
- IRS W-Series form processing
- Tax ID Number (TIN) Validation Tools
- Change of Circumstance Monitoring
- Reporting tools for Ops Tax returns (ISAs, BBSI/OI, QI, FATCA/CRS)
