OFCA010320 – Corporate Action Statutory Tax Rate

Statutory (Withholding) Tax Rate applied to the proceeds component of the Corporate Action. The effectively applicable tax rate for booking might deviate from this in case the beneficial owner is eligible to a different tax rate.

Populate this field only if the corporate action is a financial event and OFCA000310 "Corporate Action Type" equals "Distribution", "Merger", "Split", "Liquidation" or "Tender Offer". Leave blank in all other cases.

Property Value
OF-ID OFCA010320
Name Corporate Action Statutory Tax Rate
Area Corporate actions
Level Others
Format Decimal number
Tags Corporate actions reporting
Introduced in openfunds 2.13
Related field OFCA010310 Corporate Action Tax Jurisdiction

Values

Decimal figure, rounded to maximal 7 digits after the decimal point.

Example

`0.35

OFCA000001 - OFCA99999 Corporate Actions reporting data`

FundsXML 4 mapping

FundsXML 4.2.11 has no element for this field. The converter keeps the value as CustomAttributes/Attribute named OF_OFCA010320 on the share class (or position), so FundsXML → openfunds restores it unchanged.

The field mapping table lists every field; openfunds to FundsXML explains the rules behind it.

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