STM has the functionality to maintain the deceased’s fund at time of death, process the estate fund until it is distributed to the beneficiaries and conduct the beneficiary distribution on a prorate of the parcels to the beneficiaries’ funds as the securities are transferred at the registers. Adjustments are automatically made for pre CGT parcels to market value at time of death, and for loss of indexation in the beneficiaries’ portfolios.

eSTM is a leading provider of Capital Gains Tax (CGT) software for Australian shares and Managed funds to accountants and financial institutions across Australia. We pride ourselves in fast and accurate capital gains tax calculation and we maintain one of the most comprehensive databases of corporate actions from 1985 to date.