Capsens outsourced IFU service

In short

Capsens extends its expertise beyond custom development and launches a new outsourcing service for the production ofUnique Tax Forms (IFU). Intended for companies distributing income from movable capital — in particular platforms for crowdfunding in loan and equity — this service combines automation, artificial intelligence and regulatory compliance. Integrated with certified accounting software for electronic declaration, it simplifies and makes reliable a process that is often perceived as time-consuming and error-prone.

Reminder on Capsens

Capsens Is a web agency specialized in the development of financial platforms. Since 2013, she has been designing tailor-made digital solutions for fintechs, management companies, and crowdfunding platforms.

Based in Paris, the agency currently has 70 employees fintech experts, in UX/UI, in Data engineering and in web development that support their customers throughout their digital transformation. Over the years, Capsens has established itself as a strategic technology partner for many European fintechs, especially in the fields online savings, private equity, and Ruby on Rails development.

This new service is part of the natural continuity of this expertise: to provide concrete solutions to business problems encountered on a daily basis by its customers in the financial sector.

Reminder on IFUs

THESingle Tax Print (IFU) is a regulatory document that institutions that pay capital income must submit annually to the tax authorities.

It lists the income paid to individuals (interests, dividends, capital gains, etc.) and specifies the withholdings and tax levies applied. This document allows the General Directorate of Public Finances (DGFiP) to Pre-fill the tax return taxpayers.

Concretely, The IFU generation relies on the CERFA declaration no. 2561, a complex form whose structure varies according to the nature of the income and the profile of the beneficiaries. The form is updated by the tax authority every year. A simple error or omission can lead to e-declaration compliance issues and, ultimately, tax adjustments.

Why are crowdfunding platforms concerned

The platforms of Crowdfunding on loan (crowdlending) Or in Equity are directly affected by this obligation.

• Les lending platforms distribute interests to individual lenders, considered as income from movable capital.
• Les capital platforms distribute dividends or capital gains to their investors.

In both cases, they act as paying institutions and must therefore produce IFUs for all their investors.

Each year, at the time of the fiscal campaign (between January and February), these platforms must aggregate their transaction data, calculate taxable amounts, social and tax contributions, and then edit and tele-declare IFUs for every investor.

This task, although purely administrative, often involves considerable resources. Teams must juggle internal databases, Excel files, CERFA models and cross-checks, while respecting the strict deadlines imposed by the administration.

Capsens has 8 years of experience on IFUs

For several years, Capsens has been supporting its historical customers in production of their IFU. The agency has developed scripts, tools, and internal processes to automate the generation of declarations and ensure their compliance.

Among the platforms that already trust Capsens for this task are: Raizers, The First Brick, Fundimmo and Wevest.

These collaborations allowed Capsens to build a unique operational expertise on the taxation applied to income distributed via platforms.

A service now open to all businesses

Based on its experience, Capsens now offers this outsourcing service to all businesses concerned by the production of IFU, whether they are fintechs, holdings, management companies or private equity players.

The agency has developed a internal tool reinforced by artificial intelligence, which accompanies each step of the process:

• ‍Automatic processing of customer data (from a CSV file);
• ‍Analysis and verification of the consistency of information (owner, address, place of birth, gross amounts, applicable taxation, etc.);‍
• Automatic generation of CERFA files no. 2561 in the format expected by the DGFiP;‍
• Data compliance validation before deposit, thanks to cross-checks.

This industrialized process makes the generation of IFUs reliable, fast and secure, while reducing the risk of human error.

Artificial intelligence is mainly used for identify certain anomalies, automatically search for city or country codes and Suggest automatic corrections in case of inconsistencies.

A complete support service in your declaration

Capsens is not limited to the generation of files for remote declaration. We offer you a turnkey service, from data preparation to support during the official transmission to the tax authority.

Customers no longer have to manage technical aspects (format conversion, manual validation, batch sending): Capsens takes care of the entire process, with a full follow-up And the delivery of a compliance report at the end of the campaign.

Request a quote for your IFU

Interested businesses can get a personalized quote by contacting the Capsens team directly at the following address:

📩 contact@capsens.eu

The team will assess the volume of returns to be filed, the format of the data available, and will offer a service adapted to the size and complexity of the structure.

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