In today’s investment landscape, ESG principles have become integral to the practices of institutional investors and asset managers. While much of the focus is on the social and environmental impact of investments, effective withholding tax recovery is a key element of good governance. By reclaiming all available withholding tax, investors can not only maximise returns but also build stronger stakeholder trust. Read more in our latest article. https://lnkd.in/eyXj8XHH #ESG #AssetManagement #WithholdingTax #Governance #InvestmentReturns
About us
WTax manages and maximises foreign withholding tax relief and reclaim entitlements for investors and financial institutions. We consistently increase investment performance by up to 52 basis points per annum for over 900 clients globally, through optimising market coverage, shortening refund timelines, and improving cash flow. Our scalable and transparent tax solutions, coupled with our in-depth technical expertise, reduce the administrative burden for our clients, saving time and allowing them to focus on their core investment activities.
- Website
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https://www.wtax.co/
External link for WTax
- Industry
- Financial Services
- Company size
- 201-500 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2012
Locations
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Primary
Belsize Road
London, England, GB
Employees at WTax
Updates
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In a recent interview with L'AGEFI, WTax CEO Daniel Ginsburg breaks down the latest developments in withholding tax recovery. He highlights how WTax helps asset managers and institutional investors recover withholding taxes on foreign dividend and interest income, optimising processes to boost reclaim potential. Click the link below to see how effective withholding tax recovery can positively impact your investment performance. #WithholdingTax #TaxRecovery #AssetManagement #InstitutionalInvestors
«Les retenues de dividendes à la source sont devenues plus que jamais d’actualité». La société WTax assiste les gestionnaires et détenteurs d’actifs dans le recouvrement de dividendes transfrontaliers perçus par leurs fonds, imposés à la source par les administrations fiscales de pays étrangers. Son directeur général, Daniel Ginsburg, décrypte pour L’Agefi les évolutions des procédures de recouvrement et de la législation européenne en la matière. #AssetManagement Par Adrien Paredes-Vanheule https://lnkd.in/e779GTHb
Daniel Ginsburg (WTax) : «Les retenues de dividendes à la source sont devenues plus que jamais d'actualité»
agefi.fr
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As Head of WTax’s Tax Technical Team, Lelanie Marais plays a pivotal role in navigating the evolving withholding tax landscape. With a focus on providing global clients with best-in-class recovery solutions, she shares key insights into how WTax stays ahead of regulatory changes, her outlook on the future of withholding tax, and why WTax remains a leader in the field. Read the full interview to gain valuable industry perspectives and learn how WTax helps maximise withholding tax reclaims for its clients. https://lnkd.in/eBW72D2J #WithholdingTax #TaxRecovery #WTax #GlobalTax
Spotlight on WTax’s Tax Technical Team: An Interview with Lelanie Marais
https://wtax.co
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We’re excited to announce a strategic partnership between WTax and Saphyre, an award-winning fintech company known for its patent-approved technology. Together, we’re redefining the industry standard for withholding tax reclaims by combining Saphyre’s innovative technology with WTax’s deep expertise. This collaboration promises to deliver a seamless, industry-leading tax reclaim experience. Read the full press release here - https://lnkd.in/gZ4zDW-d #TaxReclaims #Fintech #Innovation #Partnerships
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Important Update in the German Market: The MiKaDiv Reporting Procedure implementation has been postponed by one year to 2026, according to an announcement from the German Federal Ministry of Finance. • Previously Set Effective Date: January 1, 2025 • New Effective Date: January 1, 2026 • Applies To: Withholding tax on dividends from shares and depositary receipts received after December 31, 2025 This extension provides financial institutions dealing with German securities valuable additional time to adjust their systems to the new reporting standards. Background: The new reporting process was introduced as part of the Withholding Tax Relief Modernisation Act (Abzugsteuerentlastungsmodernisierungsgesetz or AbzStEntModG), which came into effect in June 2021. This legislation introduced changes to Germany’s Income Tax Act, including under Section 45b, requiring financial institutions to report detailed data to the BZSt via electronic interface on the certification and payment of withholding tax, including (but not limited to) beneficial owner information, dividend details, and taxes withheld. Who is affected: Financial institutions must adjust their internal processes and systems to comply with MiKaDiv (Mitteilungsverfahren Kapitalertragsteuer auf Dividenden und Hinterlegungsscheine) requirements. This involves the ability to collect, process, and transmit additional data in the required format to either the next financial intermediary or the Federal Central Tax Office (BZSt). Reasoning behind the new procedure: These changes aim to enhance transparency, reduce fraud, and improve the efficiency of reporting. At WTax, we’re here to help you navigate your German withholding tax recovery with ease. #MiKaDiv #TaxCompliance #WithholdingTax #GermanTaxLaw #FinancialInstitutions
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Recent rulings from the Portuguese Supreme Administrative Court and the CJEU strengthen the case for investment funds to challenge discriminatory withholding tax practices in Portugal. By leveraging ECJ legal precedent, investment funds can pursue reclaims with the potential to enhance recovery yields and overall performance. Explore this timeline to understand the history and impact of these pivotal decisions - https://lnkd.in/eBVWNNU7 #WithholdingTax #Portugal #CJEU #ECJ #Investment #Funds
Portugal ECJ Claims: A Comprehensive Timeline for Investment Funds
https://wtax.co
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Our latest article discusses a pivotal ruling by Germany’s Federal Financial Court (Bundesfinanzhof) and its potential implications for foreign investment funds. To stay updated on the latest developments in withholding tax recovery, be sure to follow WTax for more news and expert analysis. Click the link to read more: https://lnkd.in/dhtVNaAE #WithholdingTaxRecovery #InvestmentFunds #TaxLaw #FinancialNews #TaxRecovery
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Thank you to everyone who participated in our recent "Test Your Knowledge" poll. We’re pleased to reveal the answer and share some key insights. Follow WTax to stay up-to-date on all things withholding tax. #WithholdingTax #TaxKnowledge #WTax #CrossBorderInvestment
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Is your fund’s capital tied up in foreign withholding tax reclaims, with a waiting period of 12 to 48 months? This delay doesn’t just affect returns it also exposes your investments to inflation risk, eroding value over time. Discover how WTax’s Claim Monetization solution unlocks immediate value from your WHT assets, optimizing your financial strategy and maximizing returns. Don't let your capital sit idle - take control today. Click here to read the full article - https://lnkd.in/eSMG9Gm5 #WithholdingTax #ClaimMonetization #Investment #Funds
Unlocking Immediate Value from Withholding Tax Claims Through WTax’s Claim Monetization Solution
https://wtax.co
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Reflecting on insights from our report, "Outsourcing & Tax Trends in the Financial Sector," co-produced with WBR Insights, it’s clear that managing withholding tax processes is a major pain point for many firms. Interviews with 100 senior investment leaders revealed that 85% found complex and time-consuming tax processes and paperwork to be a very significant challenge. This statistic underscores the critical need for efficient tax recovery solutions. Speak to a withholding tax expert today and discover how WTax can help streamline your withholding tax recovery and enhance your investment outcomes: https://lnkd.in/eu45wKAf If you haven’t had the chance to review the report, you can download it here: https://lnkd.in/gJSMDNeU #WithholdingTax #Outsourcing #InvestmentOperations