Fincanva allows users to tailor tax settings to reflect their specific fiscal conditions. This includes setting the country of residence, tax regime, capital gain taxes, and dividend taxes, which ensures more accurate simulations and investment planning. You can access and update these settings directly from your account.
1. Click on your Name menu in the top navigation bar.
2. Select Account & Settings from the dropdown, then Platform Settings
3. Navigate to the Tax Settings section.
4. Here, you can set or adjust the following:
Fiscal Residency: Select your country of residence for tax purposes.
Tax Regime: Choose the tax framework that applies to you (individual, business, pension account, etc.).
Capital Gains Tax: Input the applicable rate for gains from asset sales.
Short-Term Capital Gains Tax: Define the tax rate for assets sold within a short period.
Long-Term Capital Gains Tax: Specify the rate for long-held assets.
Dividend Tax: Enter the percentage of tax applied to earned dividends.
5. After entering all relevant values, make sure to save your settings to apply the changes to your simulations and outputs.
Important Any changes made to these settings will automatically trigger a relaunch of all existing simulations to reflect the updated configuration.
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article