Formidium, the U.S.-based third-party provider of fund administration and back-office technology solutions, has launched SPV Tax, a U.S. tax returns preparation and e-filing professional service suite for SPVs, which are often used to isolate and segregate investment assets. SPV Tax provides a unified, and end-to-end platform for U.S. federal and state tax return preparations and filings. SPV Tax addresses the complexities of the tax laws associated with unique structures and requirements, such as cross-border, single/multiple LLC structures, and flow-through structure, of SPVs, and a diverse set of asset classes, including real estate, private investments, alternative investments, and crypto/tokens.
