Our Expert Blogs
Digital currencies, commonly referred to as cryptocurrencies, have revolutionised the financial landscape by introducing decentralised and borderless means of value transfer. As their adoption grows, taxation becomes more complex. One area that often raises questions is whether withholding tax (WHT) applies to digital currencies, particularly in relation to dividend tax. This article explores whether digital […]
Roche Holding AG has officially declared a notable increase in its dividend for the 2024 financial year. This underlines its strong financial performance and commitment to shareholder value. Shareholders will receive CHF 9.70 per share, an uptick from the previous year. This increase was formally approved at Roche’s Annual General Meeting held on 25 March […]
Understanding how international regulatory frameworks such as FATCA (Foreign Account Tax Compliance Act) and CRS (Common Reporting Standard) influence withholding tax (WHT) reclaims is essential for investors, asset managers, and financial institutions. Given the increasing complexities around dividend tax compliance, gaining clarity on these regulations can significantly simplify the process of reclaiming WHT, enhancing profitability […]
In a groundbreaking development, Germany’s Federal Fiscal Court (BFH) recently issued landmark rulings (case numbers I R 1/20 and I R 2/20) affirming the right of foreign investment funds to reclaim dividend withholding taxes previously withheld by Germany, citing discrimination under EU law. Background Between 2004 and 2017, Germany imposed dividend withholding tax (WHT) of […]
In today’s interconnected global economy, EU-based multinational enterprises (MNEs) often engage in cross-border transactions. Understanding withholding tax (WHT) is crucial for optimising tax efficiency and ensuring compliance. Managing WHT on cross-border payments, especially regarding dividend tax, requires careful planning. Understanding Withholding Tax Withholding tax (WHT) is a levy imposed by governments on income earned within […]
In today’s globalised economy, investors often face withholding taxes on cross-border dividends, interest, and royalties. These taxes, which foreign governments deduct at source, can reduce net investment returns. However, many investors qualify to reclaim part of these taxes. This process has traditionally been complex and time-consuming. The introduction of Artificial Intelligence (AI) in tax technology […]
Navigating international tax frameworks can be daunting, especially regarding dividend withholding tax (WHT). For U.S. multinational enterprises (MNEs) investing in Switzerland, understanding its tax regime is vital for maximizing efficiency and minimizing unnecessary financial drains. This article unpacks key WHT considerations for U.S. MNEs, shedding light on the current regulations, challenges like the old reserves […]
A Strategic Investment Opportunity with Global Implications A major shift in the real estate investment landscape is taking place. Supermarket Income REIT (SUPR) is a UK-based investment trust specializing in grocery-anchored real estate. The trust has secured a secondary listing on the Johannesburg Stock Exchange (JSE). Consequently, this move opens doors for South African and […]
Breaking News: A Game-Changer for US Businesses Investing in Italy A recent ruling by the Italian Tax Court of First Instance in Pescara has set a powerful precedent, confirming that US corporations should be taxed at the same preferential 1.2% withholding tax rate as Italian and EU corporations—rather than the higher 5% or even 26% […]
Introduction Withholding tax (WHT) is a critical consideration for investors receiving cross-border dividend income. While tax treaties often allow for reduced WHT rates or full exemptions, reclaiming excess tax withheld can be a complex and time-consuming process. Recent regulatory changes have further complicated WHT reclaims, requiring investors and financial institutions to stay informed and proactive. […]