A Gold Standard Needed for Tax
Despite the desire of the industry to automate and standardise in order to gain efficiencies, the world of tax appears not to have received the message.
Important Notices with XBRL Integration – A Guide
XBRL (eXtensible Business Reporting Language) is an XML-based global standard used to electronically exchange business information. By integrating XBRL data into DTCC Important Notices, GlobeTax provides participants with extractable dividend information such as security name, CUSIP, payment date information and withholding tax rates.
Excess Foreign Withholding Tax Recovery: A Safe Bet
Uncertainty is growing about the future of several financial regulations under the new administration. There are several pending lawsuits challenging the Department of Labor’s (DoL) Fiduciary Rule. At the same time, however, the new administration ordered a review of the rule in a recent memorandum, leading many to wonder if it will ever come into […]
Enhanced Portfolio Performance via Foreign Withholding Tax Recovery: A Fiduciary Affair
Pension fiduciaries facing pressure to improve portfolio performance in a time of middling returns are finding value through the recovery of foreign withholding tax.
ESP: To Automation and Beyond
ESP minimizes manual interventions even when documentation is required, making it a powerful tool for supporting regulatory compliance, disclosure programs and information reporting.
GlobeTax Announces Move to New Corporate Headquarters
Globe Tax Services, Inc. is pleased to announce that their New York headquarters is relocating to One New York Plaza as of February 15, 2016.
Cross-Border Tax Reclamation: Maximizing Dividend Yield
When your clients invest internationally and receive dividend income on their holdings—either ordinary shares or American Depositary Receipts (ADR)—that income is often subject to withholding by the government of the issuer’s jurisdiction.
GlobeTax Announces Launch of Improved DR News RSS Feed
GlobeTax announced the launch of an improved DR News RSS Feed. The updated feed takes into account that existing subscribers are primarily DTCC participant banks and brokers looking for current and historic income events information related to American Depositary Receipt (“ADR”) programs. With that in mind, the new DR News RSS Feed has been developed to only include DTCC Important Notices related to income events where tax reclaim is possible.