The inaugural edition of Withholding Tax Update includes:
Russian Federation Market Changes
Russian custodians and/or issuers are now considering tax-exempt status for Supranational and Sovereign entities. Read more
Netherlands Market Changes
The Dutch Tax Authority (DTA) has altered registration, documentation, and process requirements. Read more
Norway Market Changes
The Norwegian Tax Administration (NTA) has changed their view on the status of U.S. tax-exempt entities such as pensions, charities, 81-100 ruling group trusts, and RICs. Read more
Indonesia Market Changes
The Indonesian Tax Administration (NTA) has updated market-wide filing requirements, impacting multiple entity types. Read more
ACH Registration
To improve efficiency, GlobeTax has offered ACH payments in lieu of paper checks for the past several years. Read more if you are a DTCC Participant who wishes to enroll.
ESP Feedback
The withholding tax recovery landscape changes constantly, and GlobeTax’s ESP strives to change with it. If you are a DTCC participant, Read more on how you can help ESP improve its flexibility, reliability, and usefulness.