Specialized tax compliance support for an asset management firm
A US-based alternative asset management firm needed time-sensitive tax pack reporting, entity-level support, and multi-region compliance assistance across its fund structures. CES delivered offshore tax operations that reduced workload and improved reporting speed, including FBAR filings, KYC documentation, EIN procurement, vendor invoice validation, equity reporting, and bank administration.
Scroll down for the whole story
The Challenge
Time-Bound Tax Pack Delivery
Multi-Entity Global Compliance Support
EIN Procurement for New Non-US Entities
the client
Investment Management
Technology Stack
- Excel Macros
- Tax Compliance Portals
- Internal Reporting Tools
Solution Area
- Tax Pack Reporting & Global Compliance Support
the impact
Faster Tax Pack Completion
Reduced Internal Workload
Secure Entity-Level Compliance
Reliable Multi-Region Tax Support
The shift was compliance-led. The result?
Faster filings with lower workload.
The Need
The asset management firm required tax pack reporting and compliance support across multiple funds and entities operating globally. Leadership needed accurate, time-bound tax packs, FBAR and sales-tax assistance, KYC onboarding documentation, EIN procurement, bank administration, and equity-related reporting. The objective was to reduce internal workload, improve compliance accuracy, and maintain on-time delivery for auditors and stakeholders across regions.
Challenges
- Time-Bound Tax Pack Reporting: Tax packs needed to be produced and validated quickly to support downstream filing deadlines and auditor schedules.
- Global Compliance & Entity Requirements: Multiple entities and jurisdictions required ongoing support for corporate actions, onboarding, bank accounts, KYC documentation, and regulatory documentation.
- EIN Procurement Outside the US: Newly formed non-US entities required EINs from the IRS, introducing complexity and turnaround risk.
CES provided end-to-end tax compliance and reporting support to streamline global fund operations and improve delivery speed.
Time-Bound Tax Pack Reporting
- Prepared tax pack reports aligned with auditor timelines.
- Supported filing readiness across funds and entities.
Global Entity Management
- Assisted entity formation, maintenance, and dissolutions.
- Managed documentation for banks and jurisdictions.
FBAR, KYC & Bank Administration
- Collected data for FBAR filings.
- Provided KYC documents for onboarding and bank accounts.
EIN Procurement & Regulatory Support
- Coordinated with IRS to obtain EINs for new entities.
Tax Filings, Sales & Use Tax, and Equity Activity Support
- Assisted tax filings for funds through auditor coordination and supported sales/use tax fillings.
- Validated incentives, tax advances, and distributions.
Documentation & Vendor Validation
- Updated procedures based on tax law changes.
- Verified vendor invoices for accuracy and control.
- Reduced Internal Workload – Offshore tax operations lowered the effort required from US, EMEA, and APAC staff.
- Faster Tax Pack Completion – Time-bound reporting accelerated filing readiness and reduced delays.
- Dedicated, On-Demand Support – Ad-hoc and last-minute requests were handled without disruption.
- Improved Visibility & Control – Entity-level reporting and tax administration improved accuracy and process oversight.
- Business Efficiency Gains – Streamlined workflows supported faster decisions and stronger reporting outcomes.
strategic client partner
Take the Next Step
Need tax pack reporting and global compliance support without expanding internal workload? Let’s build a scalable operating model that delivers accuracy, speed, and transparency. Talk to our Strategic Client Partner.
connect now!