Tax Documents

The Tax Documents provided by Orbita Note Series LLC ensure that investors have access to the necessary records for filing taxes, meeting regulatory obligations, and complying with national and international tax laws. These documents offer comprehensive reports on income, interest, capital gains, and transactions associated with Orbita Notes such as BTA1, BTA2, and future issuances. By offering detailed and accurate tax documentation, Orbita Notes facilitate seamless tax planning and compliance for investors within the Credit-to-Credit (C2C) Monetary System.

Types of Tax Documents Available

1. Annual Tax Summary

The Annual Tax Summary provides a comprehensive overview of an investor’s income and gains over the tax year, aiding in accurate and efficient tax filing.

Overview of Income and Gains:
- Interest Earned:
  Summarizes the total interest earned from portfolio holdings, detailing the amounts accrued from each Orbita Note.
- Dividends Paid:
  Lists all dividends received from investments, specifying the sources and amounts of each payout.
- Capital Gains:
  Reports on realized capital gains or losses from the sale or redemption of Orbita Notes, highlighting the profitability of investment activities.
Currency Reporting:
- Multi-Currency Values:
  Values are reported in USD, Central Ura (URU), and the investor’s domestic currency, ensuring that earnings are accurately represented across different currency denominations.
- Exchange Rate Consistency:
  Utilizes the exchange rates at the end of the reporting period to reflect accurate portfolio valuations in various currencies.
Tax Withholding Details:
- Withholding Tax Breakdown:
  Displays any taxes withheld on income or dividends as per national or jurisdictional requirements, providing transparency into the deductions made at source.
- Jurisdictional Compliance:
  Ensures that tax withholdings comply with the investor’s local tax laws and international tax treaties where applicable.

2. Interest Income Report (Form Equivalent)

The Interest Income Report offers a detailed record of interest earned and compounding activities, aligning with tax reporting requirements.

Detailed Interest Record:
- Daily Interest Accrual:
  Provides a comprehensive breakdown of interest accrued daily and compounded on Orbita Notes, ensuring precise tracking of earnings.
- Accrual Methodology:
  Details the compounding structure used (e.g., daily, quarterly) to calculate the total interest earned over the month.
Distribution Periods:
- Interest Payout Schedule:
  Lists quarterly, annual, or deferred interest payouts received during the year, helping investors understand the timing and frequency of income streams.
- Reinvestment Details:
  Indicates whether interest payouts were reinvested into additional Orbita Notes or received as cash, impacting the growth and liquidity of the portfolio.
Foreign Currency Conversions:
- Accurate Conversion Tracking:
  Shows currency conversions from Central Ura (URU) or domestic currencies into USD, ensuring tax reporting accuracy by reflecting the true value of interest income.
- Exchange Rate Documentation:
  Includes the exchange rates applied during conversions, providing a clear basis for calculating taxable interest income.

3. Dividend Report

The Dividend Report details all dividend-related activities, ensuring investors can accurately report and manage dividend income for tax purposes.

Dividend Earnings:
- Comprehensive Dividend List:
  Lists all dividend payouts received from investments during the reporting year, specifying the Orbita Note series and the amounts earned.
- Source Identification:
  Identifies the source of each dividend, facilitating clear association between dividends received and corresponding investments.
Reinvestment Activity:
- Reinvestment Details:
  Details dividends that were reinvested into additional Orbita Notes, reflecting their impact on portfolio growth and compounding returns.
- Growth Metrics:
  Highlights how reinvested dividends contribute to the overall growth and performance of the investment portfolio.
Tax Liability Calculations:
- Estimated Tax Obligations:
  Estimates the tax obligations on dividends based on jurisdictional tax laws, providing investors with an understanding of their potential tax liabilities.
- Withholding Tax Impact:
  Calculates the effect of any withholding taxes applied to dividends, ensuring accurate reporting of net dividend income.

4. Capital Gains Report

The Capital Gains Report provides detailed information on realized gains or losses from the sale or redemption of Orbita Notes, supporting accurate capital gains reporting and tax compliance.

Sale and Redemption Transactions:
- Detailed Transaction Listings:
  Displays capital gains or losses resulting from sales, early redemptions, or secondary market trades (e.g., through StellarTerm), including the specifics of each transaction.
- Profit/Loss Calculation:
  Tracks the difference between acquisition price and sale price, indicating realized gains or losses for each Orbita Note transaction.
Purchase vs. Sale Value:
- Investment Performance Tracking:
  Monitors the difference between the original purchase price and the sale price, providing clear insights into investment profitability.
- Realized Gain/Loss Summary:
  Summarizes the total realized gains or losses across all transactions, aiding in comprehensive capital gains reporting.
Exchange Rate Effects:
- Currency Fluctuation Impact:
  Reflects currency fluctuations between USD, Central Ura (URU), and domestic currency during transactions, ensuring accurate calculation of capital gains or losses.

Conversion Rate Documentation:
Includes the exchange rates applied at the time of each transaction, providing a clear basis for determining taxable gains or losses.

5. Tax Withholding Certificate

The Tax Withholding Certificate is essential for international investors, certifying any withholding tax deducted on payments, and ensuring compliance with jurisdictional tax laws.

Applicable for International Investors:
- Withholding Tax Certification:
  Certifies any withholding tax deducted on interest, dividends, or capital gains payments to foreign investors, providing official documentation for tax purposes.
- Documentation for Tax Authorities:
  Serves as proof of tax withholdings, facilitating tax credit claims or deductions as per international tax treaties.
Jurisdictional Compliance:
- Tax Treaty Adherence:
  Ensures compliance with applicable tax treaties, providing investors with the necessary documentation to benefit from reduced withholding tax rates or exemptions.
- Cross-Border Tax Obligations:
  Assists investors in meeting their cross-border tax obligations, ensuring that payments are reported accurately to relevant tax authorities.

Accessing and Downloading Tax Documents

Electronic Access via the Portal

Portal Accessibility:
- Centralized Access:
  Investors can access and download tax documents directly from the Orbita Notes dashboard under the “Tax Documents” section, providing a centralized location for all tax-related records.
- User-Friendly Interface:
  The platform’s intuitive design ensures that investors can easily locate and retrieve the necessary tax documents without difficulty.

PDF and CSV Formats

Downloadable Formats:
- PDF Format:
  Tax reports are available in PDF format for easy review, printing, and secure storage, making it convenient for investors to handle their tax documentation.
- CSV Format:
  Provides tax reports in CSV format for integration with tax planning tools or accounting software, allowing investors to perform detailed financial analyses and streamline their tax filing processes.

Third-Party Platform Integration

Consolidated Tax Data:
- Synchronized Reports:
  Tax data from trades conducted on StellarTerm or other third-party platforms is consolidated into Orbita’s tax documents, ensuring accurate and comprehensive reporting.
- Unified Reporting:
  Integrates external transaction data seamlessly, presenting a unified view of all investment activities across platforms, enhancing the accuracy and reliability of tax documents.

Notifications & Filing Assistance

Automated Notifications

Statement Availability Notifications:
- Timely Alerts:
  Investors receive email notifications when annual tax summaries and other relevant tax documents are available for download, ensuring prompt access to necessary records.
- Customization Options:
  Allows investors to customize notification preferences, selecting the types of alerts and the channels through which they are received (e.g., email, SMS).

Filing Deadlines Alerts

Timely Reminders:
- Deadline Notifications:
  Automated alerts remind investors of upcoming tax filing deadlines, ensuring that they can download and review tax documents in a timely manner.
- Proactive Compliance:
  Helps investors stay organized and prepared for tax season, reducing the risk of missed deadlines or incomplete filings.

Tax Consultation Support

Guidance and Assistance:
- Customer Support:
  Provides access to customer support and tax professionals who can offer guidance on complex transactions and compliance requirements, assisting investors in navigating their tax obligations effectively.

Expert Advice:
Enables investors to consult with tax advisors to understand the implications of their investment activities and optimize their tax strategies.

Compliance with International Tax Regulations

FATCA and CRS Reporting

Regulatory Compliance:
- FATCA Compliance:
  Orbita Note Series LLC complies with the Foreign Account Tax Compliance Act (FATCA), ensuring that information about U.S. account holders is reported to the IRS as required.
- CRS Adherence:
  Adheres to the Common Reporting Standard (CRS), facilitating the exchange of financial account information between participating jurisdictions, enhancing global tax transparency.
- Transparent Reporting:
  Ensures that all relevant financial data is accurately reported to tax authorities, maintaining compliance with international tax laws and regulations.

Tax Residency Declaration

Investor Information Requirements:
- Tax Residency Information:
  Investors are required to provide their tax residency information, ensuring that tax documents are prepared in accordance with their jurisdiction’s reporting standards.
- Accurate Tax Classification:
  Helps in determining the applicable tax rates and obligations based on the investor’s residency status, ensuring precise tax reporting and compliance.

Audit-Ready Documentation

Preparedness for Audits:
- Comprehensive Documentation:
  Tax documents are prepared to meet audit-ready standards, ensuring that investors have all necessary records to support their tax filings and respond to regulatory inquiries.
- Organized Reporting:
  Ensures that all tax-related documents are systematically organized and easily accessible, facilitating efficient auditing processes and compliance checks.

Conclusion

The Tax Documents provided by Orbita Note Series LLC are designed to simplify tax reporting and ensure compliance with national and international regulations. Through detailed annual summaries, interest income reports, capital gains records, and withholding certificates, investors have everything they need to meet their tax obligations efficiently. With seamless integration across Orbita’s dashboard and third-party platforms like StellarTerm, investors can confidently manage their portfolios and tax reporting with ease.

By offering comprehensive and accurate tax documentation, Orbita Notes empower investors to optimize their tax strategies and maintain compliance with regulatory standards. The inclusion of automated notifications, filing assistance, and international tax compliance support further enhances the platform’s ability to support investors in their financial and tax planning efforts.

Whether for individual investors or institutions, the Tax Documents feature ensures that all necessary records are readily available and accurately reflect investment activities, promoting transparency, accountability, and informed financial decision-making within the robust framework of the C2C Monetary System.

This content is intended for informational purposes and reflects the principles and structure of Orbita Notes as of 2024. Investors and stakeholders are encouraged to review detailed offerings and consult with financial professionals for personalized advice.

For any additional questions or further assistance, please reach out to our Investor Relations team at investorrelations@bta1.net or visit our website at orbitanote.com.

This page is part of the comprehensive resources provided by Orbita Note Series LLC to ensure transparency and informed decision-making for all investors.