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Global Tax Committee

Global tax activities will include three co-branded meetings and monthly calls with the Tax Committee. Separate Global Tax Committee meetings in London also are envisaged. These Global Tax Committee meetings in London will be modelled after the Tax Advisory Group, which is composed of both members and outside consultants. Additional phone calls will be held as necessary.

Through both the Tax Committee and the Global Tax Committee, we will address tax issues affecting funds arising from global, regional, and national legislative and regulatory initiatives.
ICI Default BG
Memo#
36017

ICI 2025 Swiss Reclaims Survey

ICI is surveying members regarding their experience with dividend tax withholding reclaims in Switzerland. In recent years, US regulated investment companies and collective investment trusts have experienced difficulties claiming treaty benefits to which they are entitled. These...
ICI Default BG
Memo#
35977

US-Switzerland Competent Authority Agreement: US CIT Tax Treaty Entitlement

On December 5, 2024, the Competent Authorities of the United States and Switzerland entered into an agreement confirming that certain US pensions and other retirement arrangements, including individual retirement savings plans, may be eligible for benefits under paragraph 3 of Article...
ICI Default BG
Memo#
35956

Australia Enacts Public Country-by-Country Reporting Requirement

On November 29, 2024, Australia enacted legislation to require large multinational enterprises to publicly report selected tax items on a country-by-country basis for specified jurisdictions and either CBC or an aggregated basis for the rest of the world.