GlobeTax’s MIDAS® provides investors with up to 50 basis points of risk-free operational alpha by recovering over-withheld tax through the fastest available process – relief at source, quick refund, and post-payable reclaim – under double taxation treaties, local law, and European Court of Justice ‘Discrimination’ rulings.
SERVICE OFFERING
Benefits for Investors
By outsourcing withholding tax recovery to GlobeTax, investors and investment managers can:- Add 25-50 BPs to annual performance
- Beat their benchmarks
- Differentiate from competition
- Meet their fiduciary responsibility
WHAT WE DO
WHO WE SERVICE
This service benefits transparent and opaque entities such as:- Asset Managers
- Charities
- Corporations
- Endowments
- Family Offices
- Hedge Funds
- High Net Worth Individuals
- Pensions
- Proprietary Trading Desks
- Sovereign Wealth Funds
- Trusts
- More!
Benefits for Financial Advisors
GlobeTax’s MIDAS® service helps financial advisors:
- Maximize client portfolio performance, risk-free
- Distinguish themselves from competition
- Show commitment to best practices
WHAT WE DO
Analyze entitlements
Complete all required documents
File standard reclaim applications
Track claims and follow-up
Remit payment directly into client accounts
Assign a dedicated RM to help advisors onboard new clients
WHO WE SERVICE
- Financial Advisors
- Private Wealth Managers
- Registered Investment Advisors
Benefits for financial institutions
GlobeTax’s MIDAS® service provides financial institutions with a comprehensive relief at source, quick refund and standard reclaim service that helps:- Maximize client portfolio performance
- Outsource a risky and expensive process
- Distinguish themselves from competitors
WHAT WE DO
Meet MIDAS® connect
MIDAS® Connect is GlobeTax’s industry leading reporting portal. Features of the user-friendly, web-based platform include:
WHY MIDAS®?
Low-Touch
Contingent Fees
Live Reporting Portal
Dedicated RMs
Audit Support
Testimonials
As a hedge fund CFO, it's important to find and maximize any sources of P&L. For over 15 years, GlobeTax has helped me recover what would have been lost revenue. Their work process is seamless and efficient, and I value their partnership as an integral part of my accounting/operations.
In an age of volatility, mistrust, and a changing political and tax landscape, it is rare to come across a trusted partner who can understand and deliver on the task at hand. This has been the Hansuke experience of GlobeTax. By leveraging their deep operational knowledge in the international tax reclaim sector, they deliver compelling results for the international investment management sector.
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