How is GlobeTax paid?

  • MIDAS relief at source: Income payments are distributed to the financial institution at the appropriate rate on payable date through the associated DTCC Settlement account. GlobeTax then invoices the fee to the DTCC Participant.  
  • Long form claims: GlobeTax receives benefits from the foreign tax authority or its agent after payable date and credits client accounts, net of fees, upon recovery

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