Timely identification of securities tax attributes
FIS® TEFRA Glossary Data Services provide timely, accurate identification of securities’ tax attributes for payment events, increasing efficiency, minimizing errors and reducing the risk of associated penalties.
TEFRA Glossary Data Services delivers a cumulative file of all TEFRA Glossary tracked securities, followed by twice-monthly updates for each listed security. You can append our up-to-date information to your security master to ensure proper basis tracking, withholding and reporting.How FIS empowers tax information reporting
Streamline your processes
Minimize resource issues, potential penalty exposure and customer dissatisfactionIncrease accuracy
Avoid inaccurate reporting and withholding and the assessments of penaltiesImprove your efficiency
Rely on just one information vendor for accurate security information