Our History
1992
GlobeTax Founded; Launch of Standard Reclaim Service
Addressing a market need for withholding tax recovery expertise, GlobeTax was founded and the firm’s standard reclaim service was launched
1994
GlobeTax Launches Depositary Service
2006
GlobeTax Secures Contracts with All Depositary Banks
2007
GlobeTax Launches Relief at Source Offering
To expedite receipt of investor entitlements, GlobeTax launched an outsourced service to help DTCC Participants manage relief at source elections for ADRs held at DTCC
2008
GlobeTax Launches of Electronic Submissions Portal (ESP) to Support Depositary Service
GlobeTax debuted the ESP platform to provide financial institutions and downstream intermediaries a centralized portal for submitting data and documentation to support tax reclaims
2010
GlobeTax Receives first ISo 27001 certification
To maintain compliance, the firm is reviewed yearly and receives a full recertification every three years
2011
GlobeTax Launches ESP Reports
GlobeTax incorporated real-time reporting into ESP, enabling DTCC Participants to research and reconcile claim submissions
2017
GlobeTax Rebrands Outsourced Relief and Recovery Solutions as MIDAS®
2018
GlobeTax Debuts EU Discrimination Offering
2019
GlobeTax Incorporates ISO 20022 into MIDAS® : Relief at Source Offering
2020
GlobeTax Upgrades ESP Portal
2022
GLOBETAX LAUNCHES MIDAS® CONNECT REPORTING DASHBOARD
The real-time reporting portal provides users with a centralized dashboard to monitor required documentation and outstanding/paid claims
2023
GLOBETAX Releases ESP CANADA
The enhancement supports investors with post-payable tax recovery on Canadian securities held at DTCC, streamlining the long form process
2024
GLOBETAX DEBUTS ESP+
The premium add-on service allows DTC Participants to submit claims via SFTP file drops or APIs, further automating the ADR relief and reclaim process