Services and products

Withholding Tax Refund

Aequitax is the most effective player in Witholding Tax Refunds.

Foreign investments generate dividends that are subject to taxation according to the legal provisions of the country where the dividends are paid. Tax authorities worldwide can withhold up to 35% of dividends and interest paid to non-resident investors.

This income often faces double taxation, as it is also taxed in the country of residence of the dividend’s beneficiary under domestic law. Consequently, the same income is taxed twice: first in the source country and then again in the beneficiary’s country.

Double taxation treaties allow investors to recover over-withheld tax, enhancing their return on investment. The refund process can be applied for up to 5 years, depending on the country.

However, reclaiming withholding tax is a complex process, requiring various supporting documents depending on the claimant’s residency and entity type.

Aequitax, leveraging its unique expertise and cutting-edge technology, offers a comprehensive turn-key service that simplifies and streamlines the process for all categories of investors.

Aequitax Roadmap

Aequitax manages the double tax reclaim process, from the dividend to the refund

The road map set by Aequitax consists of two simultaneous stages: on one hand negotiations with local Tax Authorities; on the other hand, immediate filing of the relevant refund claim, in order to prevent any statutory domestic deadline.

1. Identification of recovery opportunities

• NDA Signature Data
• Data extraction
• Fiscal and transaction preliminary
• Data check
• Opportunity assessment and evaluation (free of charge)
• Contract signature

2. Claim documentation & processing

• Power of Attorney signature
• Data check and X-check vs. Aequitax Databases (names, dates, codes, amounts, digits…)
• Fine tuning with back office and accounting
• Claim form and additional docs generation (Residence certification; Claim processing with Foreign Tax Authorities; Chasing, follow-up and reconciliation …)

3. Refund to client’s account

• Secured online platform to monitor the reclaim process in real-time
• Reception and reconciliation of approved reimbursements
• Actual refund management

Full Success Fee