When it comes to money transactions, people and businesses have historically relied heavily on institutions (i.e. banks, government agencies, etc.) to act as intermediaries. But can we move away from this old-fashioned, centralized architecture of...
Asian companies represent forty percent of Fortune’s Global 500 list, a proportion poised to continue expanding. Indeed, the region is anticipated to remain the world’s fastest growing through 2030. To prepare the marketplace for the...
Differences among national tax systems create arbitrage opportunities for taxpayers looking to minimize their tax burdens. While advantageous to the bottom line, these tax planning strategies are said to deprive public coffers of US$100 billion...
Members of the GlobeTax team spent three days at the National Conference of Public Employment Retirement Systems’ (NCPERS) Annual Conference & Exhibition. There, trustees, investment officers, and service providers gathered to discuss the current state...
GlobeTax employees ventured to Hong Kong for the 2017 World Forum of CSDs conference (WFC), joining central securities depositories for three days of discussion and networking. Senior depository executives mingled with consultants and service providers...
GlobeTax employees traded their button downs for zip-up hoodies to participate in “Giving Back Week,” a five-day celebration of community engagement. The initiative builds upon GlobeTax’s culture of engaged corporate citizenship, providing employees an opportunity...
Although the GlobeTax team ventures regularly to Toronto, few excursions are as stimulating as the most recent: SWIFT’s 39th annual Sibos conference. While it is difficult to distill the four-day, 8,000-person whirlwind comprehensively, the firm’s...
A U.S. Department of Labor (DoL) proposal to delay implementing Phase II of the Fiduciary Rule has been approved. While the Rule’s ultimate fate remains unclear, global withholding tax recovery continues to represent a best...
Nearly US$90 billion (20%) of the US$525 billion paid in dividends across eight major markets is withheld annually by foreign tax authorities. Fortunately, investors may be able to recoup almost half of that amount (US$39...
Various countries entered into new double taxation treaties in Q2, resulting in lower dividend withholding rates for residents in corresponding jurisdictions. Knowing these rates is essential for investors looking to boost their equity returns in...
Staying abreast of changing regulations and practices is paramount to successfully recovering excess foreign withholding tax. The Base Erosion and Profit Shifting (BEPS) Project is set to change the international tax system through the creation...
eCerts allows participating issuers’ global employee shareholders to easily create residency self-certifications and other tax documents necessary for foreign withholding tax relief.