Remove Cross-Border Remove Reclamations Remove Volume
article thumbnail

Deep Dive: Anticipating The Post-Brexit eCommerce Tax Landscape

PYMNTS

Businesses can expect new administrative costs associated with managing the reporting and reclamation of these taxes, and companies are working to train employees to prepare for these burdens. It is estimated that the Republic of Ireland would see the volume of customs declarations rise from 1.6 a number that will change post-Brexit.

Posting 48
article thumbnail

New Taxtec Report Reveals Global Lost Gains on Cross-border Securities

Fintech Review

TaxTec , the worlds first fully digital tax reclamation service, has released a study showing how much withholding tax lies unreclaimed annually on foreign dividends and interest payments. billion, with US cross-border investors missing out on over $3.8 The reclamation process is, however, bureaucratic and complex.