Maximizing Withholding Tax Recovery for Sovereign Wealth Funds: Three Key Questions to Optimize Returns
Sovereign wealth funds (SWFs) are entrusted with managing national assets to ensure long-term financial stability. However, many SWFs miss out on significant withholding tax recovery opportunities, reducing their net investment returns.
Strengthening Governance and Seizing New Opportunities: Maximizing Withholding Tax Recovery for Canadian Pension Plans
In today’s evolving regulatory landscape, the focus on stronger governance, transparency, and accountability in pension plan management has never been more pronounced. Canadian pension plans have an important opportunity to align their governance frameworks with best practices by adopting a proactive and comprehensive approach to withholding tax recovery.
The Rise of Queries & Tax Office Scrutiny: What It Means for Withholding Tax Reclaims
Withholding tax (WHT) reclaims have become an essential process for investors and businesses operating across borders. However, tax authorities worldwide are increasing their scrutiny of reclaim applications, leading to a surge in queries, additional documentation requests, and potential delays. This heightened oversight is reshaping the reclaim landscape, making compliance more complex and time-consuming than ever before.
The Hidden Cost of Backlogged Withholding Tax Claims: Why Immediate Action is Essential
Many investors leave substantial withholding tax refunds unclaimed—not because they are ineligible, but simply due to administrative backlogs. While it may seem like a low-priority issue, delaying tax reclaims can have serious financial and operational consequences.
The Power of Data Consolidation in Asset Management & Withholding Tax Recovery
For asset managers working with multiple custodians, data fragmentation presents a significant challenge—one that affects not just operational efficiency but also the ability to maximise withholding tax recovery. Each custodian provides data in different formats, through separate portals, and at varying levels of detail. As a result, firms often struggle to gain full visibility into their portfolio positions and, critically, their tax exposures and reclaims.