Multi-Country FTT Compliance
Financial transaction tax (FTT) compliance for European securities and derivatives is already a challenge. As more jurisdictions implement and modify their transaction taxes, managing FTTs becomes even more challenging.
The FTT service from SIX helps financial intermediaries identify and apply current and future FTTs accurately and efficiently. Through a fully automated data feed, SIX provides up-to-date country-specific information on all in-scope securities and derivatives, so you are ready to comply with new taxes as soon as they come into force.
How You Will Benefit
Trusted, Timely Data
World-class reference data on your desktop whenever you need it
A single solution for all current and future FTTs, covering securities and complex derivatives
No new people or distribution channels means reduced costs over time
Data and Expertise from a Trusted Source
The SIX FTT services offer you fully structured and encoded financial data from our world-class securities database, supplemented by expertise from our local offices across Europe. The data is available through various existing distribution channels, including Valordata Feed (VDF), SIX Flex and SIX iD. Because the data is delivered in regular intervals, you can be confident that you have the most accurate and up-to-date information for administering FTTs.
Tax Suitability in the Advisory Process
Do you have the right data on the taxation of financial products to improve the services you offer to Wealth Management clients? Find out how SIX can help you use tax data to your advantage and improve your processes.