Limited Partnerships - Simplifying Complex Reclaim Structures
Overview: A hedge fund structured as a complex master feeder engaged WTax to optimize its withholding tax recovery process. With over 100 underlying investors and cross-border dividend income from multiple jurisdictions, the fund faced significant administrative hurdles and had never pursued withholding tax recoveries. By leveraging WTax’s specialised expertise, technology, and streamlined processes, the fund identified $4 million in additional reclaims, with $1 million already successfully recovered from Switzerland, France, and Canada. Client Challenges The organization’s master feeder...
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