Navigating Canada’s 2025 CRA Guidelines for WHT Relief
Canada remains an attractive destination for foreign investors due to its strong economy and transparent regulatory environment. However, withholding tax (WHT) continues to affect how non-residents manage their Canadian-source income—particularly dividends. In 2025, the Canada Revenue Agency (CRA) introduced new guidelines that change how international investors can claim WHT relief. These updates aim to tighten […]
How the Global Forum Boosts Transparency and Tax Cooperation
In today’s economy, tax compliance and cooperation are more important than ever. One of the most influential initiatives shaping international tax policy is the Global Forum on Transparency and Exchange of Information for Tax Purposes. Established by the OECD, the Global Forum plays a key role in promoting transparency, tackling tax evasion, and improving cross-border […]
Navigating Tax Compliance Amid Rising U.S. Protectionism
As global economic tensions rise, U.S. protectionism is creating new challenges for international investors. Trade barriers, reshoring policies, and restrictive tax reforms are reshaping the financial landscape, especially for cross-border investments. Investors and institutions worldwide must now understand how these shifts affect withholding tax (WHT), dividend tax obligations, and tax compliance. At Global Tax Recovery, […]
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 […]
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 […]
US – France Tax Dispute: Impact on WHT Refunds
The ongoing tax dispute between the United States and France has become a serious concern for investors. This is especially true for those trying to recover withholding tax (WHT) on dividends. French investors who rely on US dividend income are increasingly anxious about how these tensions affect their ability to claim back taxes. As both […]
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 […]
“Axis of Upheaval”: Emerging Alliances & WHT On Dividends
In today’s interconnected world, global tax frameworks are under increasing pressure. Countries that once followed stable tax treaties are now adjusting to a rapidly changing geopolitical scene. This shift, referred to as the “Axis of Upheaval,” includes new alliances and economic blocs that are reshaping international tax policies, especially those affecting withholding tax (WHT) on […]
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 […]