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Withholding tax refund based on EU law

Our WHT reclaims are based on Article 63 TFEU (Treaty on the Functioning of the European Union):

“Withing the framework of the provisions set out in this chapter, all restrictions on the movement of capital between Member States and between Member States and third countries shall be prohibited”

Our claims are based on the demonstration of comparability between different types of EU and non-EU investment funds as well as pension funds and life insurances.

According to EU law, non-resident entities are able to receive the same tax treatment by the source state as resident entities, to the extent they are considered as “comparable”.

In this field, Globe Refund’s team is active in 14 European tax jurisdictions. We can assist in the initial filing, follow-up of claims with the relevant local authorities, accompanying clients through the appeals process, all the way to final European Court of Justice litigation, if necessary.

Our dedicated team is among the most experienced on the market in Article 63 TFEU reclaims. We have already achieved success for a wide range of investors including EU and non-EU investment funds in a number of European tax jurisdictions.

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