Taxation Tax

Cross-Border Investment Withholding Tax: A Practical Guide for Investors and Intermediaries 2nd Edition

By Ross K. McGill
Palgrave Macmillan June 2023

Specifications

ISBN-13
9783031327841
Publisher
Palgrave Macmillan
Publication
June 2023
Format
Hardback
Jurisdiction
U.K. ? Countri(es) for reference only

Also available as

Details

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.

Table of Contents

Essentials
Front Matter
Introduction
Principles
Context
Variability
The Pace of Change

Operational Models
Front Matter
Tax Relief at Source
Quick Refunds
Standard Refunds
Reporting
Governance and Enforcement

Practical Implementations
Front Matter
United States of America
871(m), 1446(a) and 1446(f) Withholding
EU Withholding Tax Code of Conduct
OECD Tax Relief and Compliance Enhancement
Finland

Impacts of Tax Evasion and Fraud
HKD 1,299.87

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