The Operational Alpha Fund Managers Overlook: Withholding Tax Recovery for Hedge Funds
The Search for Operational Alpha Hedge funds go to great lengths to generate alpha and maximize returns. Managers work to extract basis points of performance from every part of the portfolio, seeking the highest possible return for each unit of risk. But experienced operators know there is a way to improve returns that doesn’t require […]
Fall 2026 Withholding Tax Newsletter
This edition of Withholding Tax Update includes: Denmark: Share eligibility determined by dividend approval date Denmark: Supreme Court reinstates the five-year Statute of Limitations Spain: Expanded LEI requirements for tax reclaims Netherlands: Update on the RSIN process Read more here
Withholding Tax Recovery for Pension Funds and Endowments: Finding Cash in a Tight Year
How recovery works for tax-exempt institutions This is the first article in a series on how withholding tax recovery differs by investor type. We begin with pensions, endowments, and other tax-exempt institutions. Overview While pensions, endowments, and charities enjoy tax-exempt status at home, that benefit does not automatically cross international borders. Because foreign withholding […]
How Long Do You Have to Reclaim Withholding Tax? A Q&A on Statutes of Limitations
What is a statute of limitations and why does it matter to investors? In a withholding tax context, a statute of limitations (SOL) is the deadline for an investor to submit a reclaim application to the relevant tax authority. File within the window, and the tax authority will consider the claim. Miss it, and the […]
Preparing for EU FASTER: What Investors and Financial Institutions Should Do Now
The EU FASTER Directive does not take effect until January 1, 2030. That may appear to leave plenty of time to prepare. That timeline becomes considerably shorter when viewed against the scale of the required change. Although FASTER is intended to make withholding tax relief faster and safer for market participants and governments, implementation […]
Who Benefits Under EU FASTER – and Who Faces New Challenges?
The EU’s withholding tax overhaul is designed to make cross-border withholding tax relief faster, safer, and more standardized. But who will benefit most – and for whom might new challenges emerge? As the 2030 implementation date for the EU FASTER Directive draws nearer, investors and financial institutions are working to understand how the new […]
Len Lipton at the Global Withholding Tax Summit: Panel Recap
The Next Decade of Withholding Tax Insights on Geopolitics, Innovation, and Macroeconomics from the Global Withholding Tax Summit On July 1, 2026, GlobeTax’s Len Lipton joined the opening panel of the Global Withholding Tax Summit in London. The session, “Geopolitics, Macro, and Innovation,” brought together senior leaders from across tax, custody, and advisory to […]
Dividend Withholding Tax Rates by Country (2026)
For institutional investors with global equity portfolios, withholding tax recovery can be a significant source of operational alpha, potentially adding dozens of basis points to portfolio performance each year. The returns are hard won, however. Every country sets its own dividend withholding tax rate, negotiates its own network of (double) tax treaties, and administers its […]
The Questions Investors Ask Most About Foreign Withholding Tax Recovery
The Questions We Hear Most Often About DWT Foreign withholding tax recovery often sounds like a back-office issue until you see what it can do to performance. When an investor receives a dividend from a foreign stock, the country where that company is based often withholds tax before the dividend reaches the investor’s account. In […]