Tax Reclaim for Investment Funds / VP Securities

Tax Reclaim for Investment Funds

Investment Funds face specific challenges in reclaiming withheld taxes on their non-domestic holdings from foreign tax authorities. There is a need for documenting the precise number of underlying non-domestic private investors in order to reclaim the correct pro rata tax amount.

As most Danish fund certificates are listed on a marketplace, it is a cumbersome and close to impossible process to collect and document the required data.

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Your benefits from our solutions

  • Quick and easy solution to an otherwise burdensome documentation requirement
  • Up-to-date information from VP
  • Approved by the Danish tax authorities

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Approved reporting processes

Data provided by VP is approved as valid documentation by the Danish tax authorities since VP, being the Central Securities Depository, holds information on the ownership of all holdings of fund certificates registered in Denmark.

We deliver ownership data on ISIN's, i.e. country of residence, number of accounts per investor, total holdings per investor and the percentage relative to the total amount of affected accounts and total amounts issued etc.

We can also assist you with...