Recommendations to Improve WHT Relief and Recovery Processes

Read the Asset Servicing Working Group (WG) latest paper entitled ‘Withholding Tax Processes – Identifying the Key Challenges and Potential Solutions to Withholding Tax Relief and Recovery Processes’.

This paper is the outcome of the WG’s review of current WHT processes. After identifying the key challenges faced by Securities Services providers when handling WHT processes, and the impact of these challenges on the various parties, the WG then focusses on the potential solutions and recommendations for change.