The Global Withholding Tax Reporter (GWTR) is a web-based tool that provides detailed technical information regarding withholding tax rates, treaties, procedures and forms/instructions for:
- Portfolio dividends
- Portfolio interest
- Capital gains
- Mutual fund distributions
- REIT Distributions
- Derivatives (bolt-on available)
The GWTR helps you stay current on withholding tax and custody tax developments worldwide. It answers two questions:
- What is the new tax rate?
- What does this change mean to my business?
The GWTR is separated into three sections, alphabetized by country of investment:
- Statutory withholding tax rates
- Tax withholding tax matrices
- Withholding tax relief procedures
What sets the Global Withholding Tax Reporter apart?
The GWTR’s content, functionality and support are what make it the market leader in delivering global withholding tax information to the financial services industry. Features include:
- Tax alerts that keep you up-to-date on withholding tax related market changes
- Detailed investor type analyses (i.e., how specific types of investors, including pensions, partnerships and trusts are taxed in their local jurisdictions and whether it is treaty-eligible)
- Current and historical information on domestic law rates, treaty rates and procedures
- Access to robust withholding procedures in respect of reclaims, relief at source and obtaining domestic law exceptions
- A committed and experienced group of foreign tax professionals that review and update their respective country chapters regularly
- Advising at no extra charge for questions within the scope of the GWTR
- Subscription plans that are tailored to your specific needs
A view into the Global Withholding Tax Reporter
Statutory withholding tax rates
“Pop-ups” provide you with detailed information on withholding tax rates.
You can get information such as the effective date of the tax rate, the prior tax rate and any special requirements needed to benefit from that specific tax rate.
The “pop-ups” within the tax matrices provide detailed information on various investor types covered within the GWTR.
You can see whether an investor is treaty eligible and how that investor is taxed in its local jurisdiction.
The GWTR contains a robust procedures section detailing information on how to:
- Obtain relief at source
- Refund excess tax withheld
- Reduce withholding tax for domestic law exceptions
In addition, this module contains information on the treatment of entity types whose treatments are not straightforward in terms of taxation from country to country, such as partnerships, trust and mutual funds.
Withholding forms and instructions
The “Forms and Instructions” module completes the cycle for you.
You can find the latest forms and instructions for obtaining treaty benefits and relief at source in each foreign jurisdiction.
Tax Alerts are published almost weekly informing subscribers of important changes on withholding related requirements including tax rates, double taxation agreements, procedures and forms.
You can search Tax Alerts using multiple search criteria including:
- Investor type
Compare the tax rates across various countries of investment by specific categories of investor.
In addition, tax rate tables can be exported to an Excel file.
The GWTR can be licensed in one of several ways:
- Full service: Includes 94 investment countries by 190 investor countries
- Half service: Includes 94 investment countries by 18 investor countries
- Tailored service: Includes 94 investment countries by investors resident in one country only (e.g., United States)
Countries of investment (94) included in all GWTR services
United Arab Emirates
Countries of investor (33) full service
Countries of investor (18) half service
The table reflects the fee structures for each GWTR service. Fees are payable at the beginning of each license year.
Consultations are included in the license for issues that are within the GWTR's scope. Fee-based consulting services are available for issues that are outside of the GWTR’s scope.
|Investment/investor country ||Initial year fee ||Renewal per year |
|94 x 190 full service ||$125,000 ||$95,000 |
|94 x 18 half service ||85,000 ||67,000 |
|94 x 1 tailored service ||30,000 ||25,000 |
How will I know about updates?
We update the information in the GWTR tool quarterly and maintain it on Client Portal.
Changes to the GWTR are posted monthly to the site. For critical updates, you will be notified via email in our Tax Alerts.