What Is Dividend Withholding Tax?
What Is Dividend Withholding Tax? Dividend withholding tax is a levy that a country imposes on dividend payments made to foreign investors, deducted at source, before the income reaches the investor’s account. Rates range from 15% to 35%, depending on the country, and bilateral tax treaties between nations allow investors to reclaim some, and sometimes […]
Spring 2026 Withholding Tax Newsletter
This edition of Withholding Tax Update includes: Canada: BNY appoints GlobeTax to support withholding tax services for Canadian ADRs Chile: New form required for RAS for Banco Santander Chile Ireland: Transition to a fully electronic filing process Korea: New long form filing deadlines Norway: Expanded tax relief eligibility for U.S. investment funds Sweden: Reminder on proper entity classification for pension fund claims Switzerland: Updated aggregation rules under […]
Fall 2025 Withholding Tax Newsletter
This edition of Withholding Tax Update includes: • Our annual aggregation of year-end deadlines. Submission windows are closing soon — don’t be late! • Market changes in Austria, Finland, France, Taiwan, and Sweden. • Handy claim processing tips and more! Read more here
Winter 2025 Withholding Tax Newsletter
This edition of Withholding Tax Update includes: 2025 Treaty Updates ESP+ Announcement GlobeTax Vendor Update Keep up-to-date with market changes in Belgium, Spain, Switzerland and more Read more here
Maximizing Recoveries with ESP Canada
While the Canadian market is generally efficient at providing Relief at Source, many investors miss out on this expedited channel. Instead, to secure Long Form entitlements for these entities, DTCC Participants have historically needed to file claims with the Canadian Tax Authority directly – an arduous and time-consuming process. To address this issue, GlobeTax launched […]
GlobeTax Transitions German Claim Processing to New Mass Application Interface (DIP.KaFE)
GlobeTax is pleased to announce that we have successfully transitioned our German tax reclaim processing to the newly launched ‘mass application interface’ (DIP.KaFE), introduced in Summer 2024. In 2023, the German Tax Authority (BZSt) debuted a digital portal to replace the traditional paper-based application process for withholding tax reclaims. This portal was introduced as part […]
GlobeTax Appointed as Agent for Depositary JPMorgan
Effective immediately, JPMorgan as Depositary has appointed GlobeTax as their successor agent for ADR withholding tax, as per the following guidelines: GlobeTax will serve as withholding tax agent and publish Important Notices for events in Denmark, France, Japan, Norway, South Africa, Sweden and Switzerland. GlobeTax will also serve as agent for any claims that have […]
Fall 2024 Withholding Tax Newsletter
This edition of Withholding Tax Update includes: Year-end deadlines are upon us. Our SOL matrix ensures you don’t miss them. Help your investors get relief through 3 new offerings in Ireland. Keep up-to-date with market changes in Spain and the Republic of Korea. Meet manager Renee Heeralall and find handy submission tips. And more… Read […]
GlobeTax and BetaNXT Begin Strategic Collaboration to Expand Accessibility to Efficient Tax Recovery Services
NEW YORK, Sept. 10, 2024 — GlobeTax, the world’s leading provider of tax recovery solutions, and BetaNXT, a provider of wealth management technology and data capabilities, have joined forces to strengthen tax recovery services for more financial institutions. As part of the strategic collaboration, GlobeTax’s cross-border tax reclamation capability has been directly integrated into BetaNXT’s comprehensive back-office […]