This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
London, United Kingdom, March 25th, 2025, FinanceWire TaxTec Group Ltd , the worlds first fully digital tax reclamation service has forged two new official partnerships with NRW Consulting LLC and WTS Hansuke. Withholding tax reclamation is a hot topic.
For lower-ticket items like t-shirts, it is more likely that the consumer will get recycling or reclamation instructions. For some items, particularly higher-ticket products, the scan might reveal a buy-back on that particular item — and instructions on where/how to collect it.
Businesses can expect new administrative costs associated with managing the reporting and reclamation of these taxes, and companies are working to train employees to prepare for these burdens. Observers anticipate that companies will incur expenses beyond the amount of the VATs and tariff payments.
The commerce elements, however, still go back to serving the firm’s main purpose: recycling and reclamation. These stores aren’t just places to make purchases, but to leave old ones — things that are hard to merely leave out at the curb.
TaxTec , the worlds first fully digital tax reclamation service, has released a study showing how much withholding tax lies unreclaimed annually on foreign dividends and interest payments. The reclamation process is, however, bureaucratic and complex. Services that ease the process of reclamation are widely available.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content