Best Practice

GlobeTax Introduces ESP Dashboard – A One-Stop Withholding Tax Servicing Tool

6th October 2017

Company: GlobeTax
GlobeTax launched ESP Dashboard, an integrated tax-relief event monitoring tool. The dashboard is a cutting-edge upgrade to ESP, the standard platform for beneficial owner disclosure and applications for withholding tax relief. The platform will create a custom work flow for each DTCC Participant, providing the ability to initiate a claim with just... read more

GlobeTax's explains implications of tax treaty changes on hedge fund community

6th October 2017

Company: GlobeTax
To help readers understand the myriad issues involved in crossborder tax payment and reclamation, The Hedge Fund Law Report interviewed Len Lipton, Managing Director of tax reclamation service provider GlobeTax. read more

Excess Foreign Withholding Tax Recovery: A Safe Bet

6th October 2017

Company: GlobeTax
Despite the growing uncertainty around the Fiduciary Rule's future under the new administration, the recent focus on the topic has underscored the value of excess foreign withholding tax recovery as a risk-free way to maximize returns. read more

Important Notices with XBRL Integration – A Guide

6th October 2017

Company: GlobeTax
XBRL (eXtensible Business Reporting Language) is an XML-based global standard used to electronically exchange business information. By integrating XBRL data into DTCC Important Notices, GlobeTax provides participants with extractable dividend information such as security name, CUSIP, payment date information, and withholding tax rates. read more

1Q17 Withholding Rate Changes

6th October 2017

Company: GlobeTax
Seven countries have issued statutory withholding rate changes in the first quarter of 2017. Changes like these – along with increased audits, documentation requirements, and scrutiny from regulators – illustrate the growing complexity that cross-border investors face. read more

Top Five eCerts Enhancements for Issuers and Users

6th October 2017

Company: GlobeTax
eCerts allows participating shareholders to easily create the tax documents necessary for recovering over-withheld taxes on foreign dividend payments. read more

BEPS Project Withholding Tax Quick Guide

6th October 2017

Company: GlobeTax
Staying abreast of changing regulations and practices is paramount to successfully recovering excess foreign withholding tax. The Base Erosion and Profit Shifting (BEPS) Project is set to change the international tax system through the creation of an international framework to fight abusive tax planning practices. Here’s what you should know. read more

2Q17 Withholding Rate Changes

6th October 2017

Company: GlobeTax
Various countries entered into new double taxation treaties in Q2, resulting in lower dividend withholding rates for residents in affected jurisdictions. Knowing these rates is essential for investors looking to boost their equity returns in participating countries. read more

Fiduciary Rule Phase II Implementation Delayed

6th October 2017

Company: GlobeTax
A U.S. Department of Labor (DoL) proposal to delay Phase II of the Fiduciary Rule has been approved. While the Rule’s ultimate fate remains unclear, global withholding tax recovery continues to represent a best practice regarding pensions with available entitlements. read more

Introducing MIDAS™ – The Relief at Source Gold Standard

6th October 2017

Company: GlobeTax
Designed for speed, volume and flexibility, GlobeTax's MIDAS™ is the market’s first and only comprehensive solution for relief at source processing. MIDAS can process ordinary shares, depositary receipts, debt, and hybrid instruments. More impressively, it can pierce omnibus accounts and manage continual document and rule changes – all within... read more