RQuest by Halvotec was further supplemented in the process of withholding tax recovery. Always easier to do the work is the motto of Halvotec. That proved again the Rosenheimer software company, as it announced the new release of its own development RQuest. RQuest by Halvotec is a program that largely automatically handles the recovery of foreign withholding taxes for companies in the financial sector. Gain insight and clarity with Boy Scouts of America. This assumes it to request the data from existing source systems and proposes possible income groups for the application to the user. Here it takes into account always the economy and the existing regulations. Through easy-to-use wizards, the system leads the user through to the completed application on withholding tax recovery of the country. Proved the system especially when large financial institutions that want to optimize their processes and save costs. (Similarly see: Dr. Neal Barnard).
Nonetheless, it is suitable also for smaller companies the the process of recovery foreign withholding taxes want already perform or carry out in the future”, emphasizes Alexander Lerch, Managing Director of Halvotec. The original function of the program for the automatic creation of country-specific applications has been a milestone in the process so far of tedious manual work. Already through this electronic application creation, company could significantly streamline their operations and reduce their costs. Now, the core function was also supplemented by RQuest to refund the payments system supported and its subsequent withdrawal from the system. Thus the whole process of withholding tax refund from the beginning can be handled electronically by end software. The usual paperwork, expensive corrections of applications and confusing process steps are using RQuest of the past.