Issue details

UPDATE ON TAX MANAGEMENT ARRANGEMENTS

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: Part exempt  -

Explanation of anticipated restriction:
Appendix 1 to this report contains exempt information. This is by virtue of paragraph(s) 3 of Part 1 of Schedule 12A of Local Government Act 1972 i.e. information relating to the financial or business affairs of any particular person (including the authority holding that information).

Decision due: 31 Mar 2021 by Local Pension Board

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.

Agenda items

Documents

  • UPDATE ON TAX MANAGEMENT ARRANGEMENTS