Issue details

UPDATE ON TAX MANAGEMENT ARRANGEMENTS

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    The purpose of this report is to provide members with an update on the progress made by the Fund in:

    Recovering Withholding Tax (WHT) from UK and European tax authorities.

    Reclaiming tax on Manufactured Overseas Dividends (MOD).

    Decision type: Key

    Reason Key: Expenditure impact > £500,000;

    Decision status: For Determination

    Wards affected: (All Wards);

    Anticipated restriction: Fully exempt  -

    Decision due: 2 Feb 2021 by Pensions Committee

    Lead member: Councillor Pat Cleary, Co-Leader of the Green Group patcleary@wirral.gov.uk

    Lead director: Director of Merseyside Pension Fund

    Department: Delivery

    Contact: Peter Wallach, Director of Merseyside Pension Fund Email: peterwallach@wirral.gov.uk.

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    • UPDATE ON TAX MANAGEMENT ARRANGEMENTS