Use Cases
In this section we will show you how Upvest handles a tax exemption request via the Investment API.
Process workflow
In general, all tax exemption requests will return a response that indicates whether the request has been accepted for processing. The final result of the processing is returned asynchronously. Each HTTP response contains the ID of the tax exemption.
The following diagram illustrates the individual steps in the process.
Tax exemption status
As a rule, tax exemptions follow these states in the API:
If the status of a tax exemption order changes, webhooks are triggered accordingly. To receive webhook updates, the user of the API must subscribe to the corresponding webhooks. Go to our API reference to learn how to subscribe to webhooks.
Next steps
Now let's implement tax exemptions in the Investment API platform!
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