Pension funds and other UK investors missed out on more than £1bn last year by failing to reclaim withholding tax on foreign investments, according to tax reclamation experts.
The withholding tax is levied on all cross-border securities, but a proportion - or in some cases all - of that tax can be reclaimed by custodians on behalf of their clients. GOAL group put the ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
