The OECD’s Tax Certainty Agenda: Impact on WHT Reclaims
In today’s increasingly complex global tax environment, tax certainty is more crucial than ever. For international investors, navigating withholding tax (WHT) on cross-border dividend payments has long been frustrating and risky. The Organisation for Economic Co-operation and Development (OECD) has recognised these challenges. Through its Tax Certainty Agenda, it aims to bring clarity, predictability, and […]
How to secure your ITIN – Smart planning for Non-US Investors
Why an ITIN Is Invaluable for Investors and Asset Managers As seasoned investors and fund managers, your engagement with U.S.-sourced income demands rigorous compliance. An Individual Taxpayer Identification Number (ITIN) is not optional—it is the foundational identifier the IRS requires of entities and individuals without a Social Security Number who nonetheless transact with U.S. tax […]
The Future of WHT Relief-at-Source Mechanisms: Can They Replace Reclaim Processes?
As global markets connect more closely, the challenges around withholding tax (WHT) on cross-border dividends continue to increase. Investors and financial institutions face the constant task of dealing with double taxation, delayed refunds, and the heavy paperwork of reclaiming WHT on dividend income. WHT relief-at-source mechanisms have emerged as a promising alternative. But can these […]
A-Z of Withholding Tax Reclaims on Dividends
A • Administrative Support: Global Tax Recovery expertly handles the intricate paperwork and complex administrative tasks required to reclaim withholding taxes. This simplifies the process for investors. B • Beneficial Owner: The legal individual or entity entitled to dividend income, qualifying them to reclaim withheld taxes. C • Certificate of Tax Residency: An essential document […]
Unlocking Dividend Withholding Tax Reclaims: New US-Denmark Pension Fund Agreement
In a significant update for pension funds investing across borders, Denmark and the United States recently signed a Competent Authority Arrangement (CAA) that clarifies the definition of “pension fund” under the existing Double Taxation Agreement (DTA). This clarification significantly impacts withholding tax reclaims on dividends, providing substantial refund opportunities for pension entities. Background Effective from […]
Global Tax Transparency: Impact on WHT Recovery
In recent years, international taxation has changed significantly. One of the most important developments is the rise of global tax transparency initiatives. These measures aim to combat tax evasion and improve cross-border cooperation. They now strongly influence how investors, companies, and tax professionals approach withholding tax (WHT) recovery compliance. For dividend investors and institutional claimants, […]
How Governments Use WHT to Counter BEPS
In recent years, the issue of tax base erosion and profit shifting (BEPS) has captured the attention of governments worldwide. Multinational corporations, through complex tax planning strategies, have been able to shift profits to low-tax jurisdictions. This has resulted in the eroding of the tax bases of countries where economic activity genuinely takes place. To […]
Tax Treaty Abuse: How Anti-Avoidance Rules Impact WHT Refunds
In recent years, tax authorities around the globe have intensified their scrutiny of cross-border investments, particularly in relation to withholding tax (WHT) refunds. One of the most significant developments has been the global crackdown on tax treaty abuse. Designed to curb aggressive tax planning, these anti-avoidance measures are reshaping how investors and institutions approach dividend […]
Digital Taxation and Withholding Tax: Are Higher Rates Coming?
In recent years, global tax policy has shifted dramatically. Digital taxation has become a priority for many governments. As the digital economy grows at an astonishing pace, countries are introducing Digital Services Taxes (DST) to capture revenue from technology giants and digital businesses operating across borders. This development raises a crucial question for international investors: […]
International WHT Compliance: Trump’s Impact on Global Tax
In international finance, few developments have a ripple effect like shifts in U.S. foreign policy. Now, with Donald Trump back in the White House in 2025, a renewed wave of uncertainty is sweeping through international withholding tax (WHT) compliance, dividend tax regimes, and withholding tax processes. For multinational investors, his return marks a continuation—and potential […]