SAP Capital Yield Tax Management (SAP CYT)

SAP's standard withholding tax solution – made by iBS.

The taxation at source of returns on interest from capital assets has become a permanent aspect of fiscal policy in many countries. Since a large share of these taxable capital yields are generated by banks and insurance companies, these businesses face the challenge of calculating capital yield tax taking into account country-specific regulations.

SAP Capital Yield Tax Management (SAP CYT), developed by iBS on behalf of SAP, represents a powerful solution to this challenge.