How Much is Not Providing Your Customers a Full Service Reclaim Process Costing You?

The level of complexity in tax recovery is compounded for banks and brokers servicing a wide range of asset classes and client types. Maintaining the expertise and infrastructure necessary to file reclaims successfully is costly, time consuming, and labor intensive. We provide a full outsourcing solution to these firms.


Our services are tailored to meet the specific needs of bank/broker clients: investors of varying tax status, portfolio composition, and country of residence. GlobeTax provides solutions that integrate seamlessly with our clients’ in-house systems including co-branded or white label options.

Contact us

U.S. Qualified Intermediaries (QIs)

Many QIs struggle to maintain enough knowledgeable resources to keep up with changing regulations, forms and procedures. Working with GlobeTax helps firms stay compliant as we employ some of the most well-known subject matter experts and authors on U.S. tax regulations as they apply to non-U.S. financial institutions and investors. GlobeTax assists QIs with:

  • documentation for chapter 3 and chapter 4 status (Forms W-8);
  • U.S. Tax Returns (Form 1042);
  • Tax Information Reporting (Forms 1042-S);
  • IRS and recipients filing; and
  • collective refunds.


Our services provide a simple path to compliance while being responsive to clients’ needs.

Contact us

U.S. Non-qualified Intermediaries (NQIs)

The starting point to compliance and optimizing investors’ income from U.S. investments is understanding the intent and practical impact of U.S. tax regulations. Often NQIs are not aware of their tax reporting obligations. With GlobeTax’s help NQIs will be able to provide clients with a streamlined, dependable tax reclaim service to your clients.

Contact us


Subcustodians often face issues collecting withholding tax documents and data from their omnibus clients due to varying information formats and short consolidated elections reporting deadlines. GlobeTax’s ESP system solves these issues by streamlining the collection of beneficial owner data. ESP is designed to pierce through layers of a custody chain with its Designated Intermediary feature, allowing upstream omnibus account holders to identify additional omnibus account holders further down the custody chain. This system is used by hundreds of financial institutions throughout the world and can be implemented at any node in the custody chain. Documentation collection, validation, and maintenance are also provided along with the data collection system.

Contact us

Prime Brokers

GlobeTax works with prime brokerage firms to make tax reclamation available to their clients as a value-added service, at no risk or direct cost to them. Our unique processing solution enables prime brokerage clients to benefit from tax recovery without violating data protection and privacy rules.


Contact us for a free estimate of your clients’ likely cash entitlements, which may include multiple years of available recoveries under statutes of limitations.

Contact us

Meet our experts

Resource center