Managing withholding tax and minimizing drag on a global public equities and fixed income portfolio is complex and resource-intensive. Investors and investment managers are spending a lot of time and resources monitoring and managing withholding tax relief on their global investment portfolio yet struggle to get insight in and control over their global withholding tax position. What’s worse is that they are missing out on millions of withholding tax relief annually.
With our global reach of withholding tax reclaim services and our platform Protocol, investors and investment managers can be confident they are getting the lowest possible withholding tax rates applied to their investment portfolios all the time, while having direct insight in results and managing risks, through clear and easily auditable processes.
about our software - protocol
Custody tax oversight & control
Investors’ and investment managers’ custodians offer withholding tax relief as part of their overall service offering. However, the responsibility for these services lies with investors. This means investors should constantly compare custody rate tables with service applied, close service gaps, and complete a constant and recurring stream of custody tax packs and withholding tax forms. It is a time consuming exercise that is prone to human error. Protocol provides investors the tooling they need to attain full oversight and control and manage their custodian’s withholding tax service. With Protocol and the supporting services of our withholding tax experts, investors can be assured they are getting everything out of their custodian’s withholding tax service.