Cross-Border Investment Withholding Tax
A Practical Guide for Investors and Intermediaries
2. Auflage
Erschienen am 12. Juni 2023
XXXI, 397 Seiten
978-3-031-32785-8 (ISBN)
Beschreibung
This book provides a clear and concise explanation of withholding tax and how to leverage best practice to generate improved investment performance. It gives practical guidance to financial service firms and investors to help them understand the issues involved, trends and practicalities of maximizing returns on investment.
Most of the $200 billion of withholding tax lost by investors annually is due to lack of awareness and not asking the right questions of their brokers and custodian banks. Financial institutions are also increasingly being held to a higher standard by investors for provision of withholding tax services because of the impact it can have on portfolio performance. This book seeks to raise awareness of the issues and provide more detail about how the system works and what challenges and changes readers should expect in the future.
Most of the $200 billion of withholding tax lost by investors annually is due to lack of awareness and not asking the right questions of their brokers and custodian banks. Financial institutions are also increasingly being held to a higher standard by investors for provision of withholding tax services because of the impact it can have on portfolio performance. This book seeks to raise awareness of the issues and provide more detail about how the system works and what challenges and changes readers should expect in the future.
Weitere Details
Reihe
Auflage
Second Edition 2023
Sprache
Englisch
Verlagsort
Cham
Schweiz
Verlagsgruppe
Springer International Publishing
Zielgruppe
Für Beruf und Forschung
Produkt-Hinweis
Reflowable
Illustrationen
XXXI, 397 p. 63 illus., 13 illus. in color.
Dateigröße
9,83 MB
ISBN-13
978-3-031-32785-8 (9783031327858)
DOI
10.1007/978-3-031-32785-8
Schweitzer Klassifikation
Weitere Ausgaben
Andere Ausgaben
Ross K. McGill
Cross-Border Investment Withholding Tax
A Practical Guide for Investors and Intermediaries
Buch
06/2023
2. Auflage
Palgrave Macmillan
117,69 €
Versand in 15-20 Tagen
Person
Ross K. McGill
is a well-known author of nine books on international withholding tax and associated regulation as well as anti-tax evasion frameworks (GATCA). McGill sits on several international tax related committees including ISO20022 Securities Evaluation Group. He was an Expert Witness to the European Commission FISCO Group in 2012 and a member of, and editor of, the European Commission Tax Barriers Business Advisory Group Report on in 2013.
Inhalt
1. Introduction.- 2. Principles.- 3. Context.- 4. Variability.- 5. The Pace of Change.- 6. Tax Relief at Source.- 7. Quick Refunds.- 8. Standard Refunds.- 9. Reporting.- 10. Governance & Enforcement.- 11. United States of America.- 12. 871(m), 1446(a) and 1446(f) Withholding.- 13. EU Withholding Tax Code of Conduct.- 14. OECD Tax Relief & Compliance Enhancement.- 15. Finland.- 16. FATCA.- 17. AEoI/Common Reporting Standard.- 18. DAC6.- 19. Tax Fraud.- 20. ISO Standards.- 21. Platforms.- 22. Getting rid of Paper.- 23. Withholding Tax on the Blockchain.- 24. Benchmarking.- 25. Portfolio performance.- 26. Tax is a product, not a task.- 27. Digitisation of tax.- 28. Vendor Dynamics.- 29. Future of tax reclamation.- 30. Conclusions.
