The Norwegian Tax Administration (NTA) has been denying claims filed by RICs for recovery of tax withheld in excess of the treaty-provided rate for Norwegian dividends.
The Internal Revenue Service (IRS) recently posted guidance regarding implementation of the newly redesigned forms for withholding on retirement plan distributions, Forms W-4P (Withholding Certificate for Periodic Pension or Annuity Payments) and W-4R (Withholding Certificate for...
ICI and several other trade organizations submitted the attached letter to the IRS regarding the newly redesigned forms for withholding on retirement plan distributions, Forms W-4P (Withholding Certificate for Periodic Pension or Annuity Payments) and W-4R (Withholding Certificate for...
[34264] August 19, 2022 TO: ICI Members ICI Global Members Global Tax Committee Management Company Tax Subcommittee Tax Committee SUBJECTS: International/Global Tax RE: ICI Submission to OECD Requesting Clarifications to Asset Manager Exclusion from Pillar One Amount A The ICI has...
The 2022 primary layout has been designed to "track" IRS Form 1099-DIV. The 2022 secondary layout provides a format for RICs to use in reporting various additional tax-related items.
ICI made the attached submission (survey response and letter) and joined a coalition letter with other industry associations in response to a public consultation regarding an initiative to develop an EU-wide withholding tax regime.
In recent weeks, the US Senate Committee on Health, Education, Labor and Pensions (HELP) and the US Senate Committee on Finance each approved bills that would make several improvements to the retirement system.
