Alternative Funds Tax Services

Expert knowledge and service to optimize your tax strategy

The tax implications of fund structuring are of paramount importance to alternative fund general partners and investors. That is why more than 200 fund clients rely on SS&C GlobeOp's Alternative Fund Tax Services. Our global team of over 100 tax experts can help you optimize your tax strategies and minimize your tax burden, enabling you to deliver added value and high-quality service to your investors.

Comprehensive Tax Services and Support

From analysis, strategy and planning to thorough, accurate and timely tax filings, our specialists provide proactive tax services across each entity's entire lifecycle, including:

  • Review of private placement memoranda tax section
  • Preparation of federal and state Schedule K-1 reporting for investors
  • Preparation of K-1 Equivalents and PFIC statements for non-US domiciled funds
  • Preparation of federal, state and local partnership income tax returns
  • Preparation of Foreign Partnership, Blocker Corporations and REIT returns
  • Partner tax allocations
  • Preparation and compliance of foreign investments
  • US tax reporting and compliance for foreign investors

In addition, we provide specialized tax services tailored to the requirements of each fund type:

Private Equity

  • Analysis of waterfall distributions for tax allocation purposes
  • Qualified Small Business Stock (Section 1202) analysis
  • Management fee waivers and reallocations

Real Assets

  • Provide tax compliance services for a range of underlying real asset types, including commercial rental, residential, condo and hotels
  • Prepare REIT quarterly asset testing as well as income analysis for 1099-DIVs
  • Prepare and track calculation of FIRPTA for US Real Property Holding Corporation ("USRPHC")
  • Prepare Form 8288B and 8288A for foreign shareholders

Hedge Funds

  • Aggregate, layering or financial income allocation methods for realized gains
  • Qualified dividend analysis and adjustments
  • Analysis and adjustment for book-to-tax differences such as wash sales, short dividend expense, foreign currency transactions, open covers and mark-to-market rules