New York, New York (PRWEB) December 02, 2013
Globe Tax Services, Inc. (GlobeTax), the world’s leading provider of tax relief, recovery and reporting services to the financial services and investment community, is pleased to announce it received Global Custodian's Awards for Excellence for Tax Reclaims.
Global Custodian is a leading financial services magazine covering securities services, including global custody, fund administration, prime brokerage, securities lending and related technology. GlobeTax was honored at the 2013 Awards for Excellence and 25th Anniversary Dinner held at The Harvard Club of New York City on November 14, 2013. This year’s awards included new categories to recognize the Technology, Law and Consulting firms delivering innovative solutions to global investors and financial intermediaries.
“GlobeTax is committed to providing the world’s foremost withholding tax recovery and market reference data services and we are thrilled to receive this accolade from Global Custodian” said Martin Foont, President and CEO of GlobeTax. “We serve the marketplace through our suite of online tax solutions, by providing comprehensive, up-to-date research and documentation services. eDocs, Electronic Submission Portal (ESP), eTaxData and eCerts have all been designed with the objective of simplifying client interfaces with GlobeTax.”
In September of this year GlobeTax announced several enhancements, upgrades and updates to ESP. The improvements provide increased risk reduction, more efficient, robust and automated processing as well as a greater scope of withholding tax relief for more types of financial institution and investors.
GlobeTax currently files over 2.6 million reclaims a year, and continues to leverage its expertise in asset recovery and complex filing procedures to provide a range of services and products that maximize recoveries for its clients.
GlobeTax is the world’s premier provider of relief, tax recovery, research and information reporting services for financial institutions and their cross border investor clients. The firm is the market infrastructure for all claims on American Depositary Receipts (ADRs). GlobeTax researches tax treaties in over 230 jurisdictions in order to provide tax recovery for clients resident in over forty countries. Clients include all types of beneficial owners, custodians, prime brokers, CSDs, depositaries and withholding agents. GlobeTax also provides a Securities Class Actions filing service which assists investors in realizing their legal entitlements from settled class action suits. The firm, founded in 1992, is based in New York, with offices in London, Hong Kong, Madrid, Milan, and Sydney.
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