The Expertise

Driving Accurate Cost Basis Calculations & Reporting

With over 65 years of experience and 100 years of historical corporate actions data, Capital Changes is the leading tax authority on U.S. and global corporate actions. Prominent financial services, accounting and law firms rely on Capital Changes for its cost basis tracking and legacy of unparalleled analysis of corporate actions.

Capital Changes' corporate actions data ranges from value-added tax analysis, commentaries and opinions to basis adjustments and market values needed to compute gains or losses. Capital Changes is a part of Wolters Kluwer Financial Services, a leading provider of compliance, content, technology, and services for the banking, securities, and insurance industries.

Editorial Support

Capital Changes' editors are aware of how critical corporate actions information is to its customers, and accuracy is the highest priority. Nothing is assumed. All information that is published can be traced to a dependable, primary source.

In order to help ensure customers have a thorough understanding of corporate actions, we encourage our subscribers to contact our editors if they have any questions or even if they just want to talk through a specific transaction and its tax impact. Every transaction that is published in our daily products contains the name and direct telephone number of the editor most familiar with the transaction. 

Capital Changes Commentary

In cases in which no U.S. tax opinion is provided by the company, or if the tax opinion provided is ambiguous or incomplete, Capital Changes will often research vital facts and relevant Internal Revenue Code provisions and provide guidance to its subscribers in the form of Capital Changes Commentary. Capital Changes does not provide tax advice. Due to the nature of the transaction or the availability of information, Capital Changes is not able to provide Commentary on every transaction. Capital Changes understands that its customers need to book every transaction, whether or not the company provides a tax opinion. Our Commentary helps them do that.

Comments are included when a company's tax opinion omits a basic, well-settled principle of tax law that subscribers need to remember when booking a transaction or calculating their basis or gain/loss. A Comment may also highlight and explain portions of a company's tax opinion that needs to be emphasized.

Capital Changes alerts its subscribers of potential adverse tax consequences that may arise in a particular transaction.

Capital Changes' methodology strictly follows the U.S. Internal Revenue Code.

For more information, call 866-220-0297 (in the USA), 0800-6300-613 (in the UK)
Or contact our Capital Changes product specialists at 888.271.0626, or via email at capinfo@wolterskluwer.com

 

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