New WHT reclaim opportunity : The Spanish Supreme Court has identified discrimination in the taxation of non-resident alternative investment funds (AIFs) receiving dividends from Spanish companies. In a recent decision of April 5, 2023, the Court heard for the...
On June 8, 2023, the CJEU issued a judgment (case C-322/22) concerning third-country (non-EU/EEA) funds investing in Poland. This time CJEU questioned Polish provisions providing for limitations and exclusions of interest on tax withheld in breach of EU law....
On Thursday 27th April 2023, the Court of Justice of the European Union issued a new judgement in the case C-537/20, containing important good news for foreign (EU and non-EU) investment funds which suffered German withholding tax (WHT) before 1 January 2018. In...
DigitalCore, an innovative IT company, has developed a cutting-edge CRM platform for Globe Refund, a leading tax reclaim company. This new platform is designed to streamline the tax reclaim process, making it faster and more efficient for customers worldwide....
On 17.03.2022, the ECJ has ruled in favor of AllianzGI investment funds against the Portuguese tax authorities. The Court has stated that foreign investment funds are not treated equally for tax purpose like local investment funds in Portugal. This...
EU Commission asks France to change its withholding tax rules on dividends to insurance companies in other EEA Member States The Commission has today sent a letter of formal notice to Franceurging it to change its withholding tax rules...
According to the 2021 Draft Finance Law (La bozza di DdL Bilancio 2021), with regard to the taxation of dividends and capital gains deriving from shareholdings of companies with tax residence in Italy, the current discrimination between investment funds...
You can reclaim the Withholding Tax following 3 processes: Following the provisions of the Double Tax Treaty (DTT) between the Country of residence and the Country source of income Following the Court of Justice of the EU claims (Aberdeen...
Reclaims of foreign withholding taxes have become an absolute must for investment funds, but the practice has proven less common among insurance companies. Since the “Fokus bank” case 16 years ago, investment funds have been successfully obtaining refunded foreign...
The Danish Tax Authorities withhold 27% tax on dividends when the dividend is distributed to foreign shareholders. The foreign shareholders can reclaim the part of the dividend tax which exceeds the rate according to the relevant double taxation agreements...