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Cases · Tax, finance & assurance · Tax assessments, disputes & management

Bring investment returns home tax-efficiently

We're being taxed twice on returns from abroad. Can we fix it?

WONE Global reviews treaty relief, holding structure and filings in both countries, reclaims tax where possible and sets a route that avoids the problem in future.

Countries in the typical case United Kingdom · India · Brazil · South Africa · Indonesia

The situation

What is happening

Dividends, interest or gains from an investment abroad are being taxed twice or trapped.

What is at stake

Double tax and trapped cash steadily erode the return the investment was made for.

Who faces this

  • Corporations
  • Mid-sized companies
  • Private clients and families

A scenario

Parent companyCorporation · from United Kingdom · in India, Brazil, South Africa and 1 more

It receives dividends from subsidiaries in four countries with different withholding taxes.

Where it ends Less tax lost on the way home.

A representative scenario of the work WONE Global coordinates, not a specific client’s matter.

Also asked as “Double taxation on dividends”“Withholding tax relief under a treaty”“We need to review the tax consequences of dividends”“We need treaty analysis before paying foreign dividends”

The solution

How WONE Global handles it

WONE Global reviews treaty relief, holding structure and filings in both countries, reclaims tax where possible and sets a route that avoids the problem in future.

Usually led by Tax and structuring, with Payments and currency, Treasury and funding and Accounting and annual filings.

Step by step, in the scenario

  1. Week 1Treaty rates and forms reviewed.
  2. Week 2Refunds claimed where overpaid.
  3. Week 3Forms put in place.
  4. ThenAnnual check.

Timings are typical. They depend on the countries, the authorities involved and how quickly documents are available.

Decisions

The decisions involved

  1. 01Which treaty rates apply and what proof is needed
  2. 02Whether the holding structure still qualifies for relief
  3. 03Repatriation route: dividend, loan repayment, capital reduction or royalty

Outcomes

What you receive

  • Withholding tax relief claimed
  • A repatriation plan
  • Refunds of excess tax where available

This is a general guide. Your WONE Global professional confirms the work, timing and fees for your markets before anything starts.

Who handles it

Tax and structuring, market by market

The status of the lead service in the markets that matter for this case. A named WONE Global Partner acts under their own licence; where none is in place yet, WONE Global confirms availability before anything else.

  1. Indiain the typical case WONE Global Partner Sandeep Gupta · Managing Partner Brief this Partner →
  2. Brazilin the typical case On request Availability confirmed before any work begins Bring a requirement →
  3. Indonesiain the typical case On request Availability confirmed before any work begins Bring a requirement →
  4. South Africain the typical case On request Availability confirmed before any work begins Bring a requirement →
  5. United Kingdomin the typical case On request Availability confirmed before any work begins Bring a requirement →
  6. Austria WONE Global Partner Dr. Rosam Karl J. · Managing Director Brief this Partner →
  7. Cameroon WONE Global Partner Edmond Christian AKOA MBALLA · Founder & Managing Partner Brief this Partner →
  8. Colombia WONE Global Partner Katherin Diaz Velilla · Co-Founder Brief this Partner →
  9. Ecuador WONE Global Partner Mauro Tejada Ramon · Tax & Legal Partner Brief this Partner →
  10. Germany WONE Global Partner Ulrike Berner, MBA · Managing Partner Brief this Partner →
  11. Hong Kong WONE Global Partner Yvonne Chow · Partner Brief this Partner →
  12. Ireland WONE Global Partner Kevin McSharry · Managing Director Brief this Partner →
  13. Italy WONE Global Partner Alessandro Dagnino · Managing Partner Brief this Partner →
  14. Kenya WONE Global Partner Farheen Khandwalla · Tax and Business Process Outsourcing Partner Brief this Partner →
  15. Panama WONE Global Partner Ebrahim Asvat K. · Managing Partner Brief this Partner →
  16. Rwanda WONE Global Partner Lilianne Gasango · Tax & Financial Advisor Brief this Partner →
  17. Saudi Arabia WONE Global Partner Abdullah Yousef Alhussaini · Founding Partner Brief this Partner →
  18. United Arab Emirates WONE Global Partner Priju Dominic · CEO & Founding Partner Brief this Partner →
  19. United States WONE Global Partner F Miles Adler · Principal Brief this Partner →
  20. Vietnam WONE Global Partner Chau Kim Hien · CEO Brief this Partner →
  21. Zambia WONE Global Partner Gerald Zimba · Director Brief this Partner →
  22. Singapore On request Availability confirmed before any work begins Bring a requirement →

Other markets: WONE Global covers 100 countries. Name yours in the requirement →

Katherin Diaz VelillaBogotá · Colombia

WONE Global Capability Partner · Colombia

Katherin Diaz Velilla

Complete profile

Co-Founder · V&V Associates · Bogotá

International tax attorney and strategic advisor with 12+ years across Colombia's DIAN, Ministry of Finance, Senate, Presidency, and EY. Co-founder of V&V Asociados. Specializes in cross-border tax structuring, transfer…

Mauro Tejada RamonQuito · Ecuador

WONE Global Capability Partner · Ecuador

Mauro Tejada Ramon

Tax & Legal Partner · G&G Auditores Independientes & Lex Fiscal Corp · Quito

Professional with 20 years of experience in Tax Administration, performing functions in the managerial and tax administration fields. Experience related to the fiscal field in the main sectors of the economy: Banking, c…

Ulrike Berner, MBAMunich · Germany

WONE Global Capability Partner · Germany

Ulrike Berner, MBA

Managing Partner · BSP Berner Schaeffler & Partners GmbH · Munich

Ulrike Berner has been Managing Director and shareholder of BSP since 2021, leading the strategic direction, client relationships, and business development of the firm. She has extensive experience working with firms an…

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