Withholding tax (WHT) on foreign dividends and interest can significantly impact the performance of cross-border investments. For asset managers, efficient recovery strategies are crucial to protect returns. While the process is complex, it’s also rich with opportunity—especially when supported by the right expertise.
Before diving into international tax treaties or legal details, streamline your internal processes. Clear documentation workflows, deadline tracking, and automation can eliminate the most common reasons for failed reclaims—delays and human error.
Effective reclaiming doesn’t end with the submission. Tax authorities often request additional documentation or clarification. Quick, accurate responses are essential. Missing even one request can derail the entire refund process.
Having a real-time overview of your reclaim status across jurisdictions adds immense value. It not only helps manage expectations but also uncovers patterns and missed opportunities. A good analytics system turns tax reclaims into a strategic asset.
Firms often avoid filing in complex or unfamiliar jurisdictions, missing high-potential returns. While markets like South Korea or Taiwan can be bureaucratic, they offer real value to those who understand local nuances or partner with those who do.
Understanding the legal underpinnings of WHT recovery is vital. Tax treaties and court decisions—especially within the EU—can empower asset managers to reclaim more than they thought possible. Staying informed ensures compliance and optimizes outcomes.
Globe Refund helps asset managers around the world recover excessive withholding tax without the burden of managing the process in-house. From navigating treaties to handling paperwork and tax authority communication, our team ensures you get back what you’re owed—efficiently and accurately.
Protect your investors and Contact Globe Refund today to learn how we can support your WHT recovery strategy.
Our work focuses on providing outsourced withholding tax recovery services to safeguard your investments from over-taxation and save your time from burdensome processes.
