Danish and Norwegian tax authorities refund money to Caixabank Asset Management funds
Caixabank Asset Management, the management entity of CAIXABANK SI IMPACTO 0/30 RV, CAIXABANK BOLSA GESTIÓN EUROPA, and CAIXABANK GESTIÓN 30 funds, has filed legal and administrative claims in various European jurisdictions to recover the withholding taxes levied on the foreign yields (especially dividends) of these funds. The company has collaborated with a specialized firm in these types of claims, and these are the outcomes.
CAIXABANK SI IMPACTO 0/30 RV
As a result of the actions taken by the aforementioned firm, the Danish Tax Administration has reimbursed the withholding taxes levied on this fund, which amounted to a total of €9,678.54.
CAIXABANK BOLSA GESTIÓN EUROPA
In the case of this fund, the Danish Tax Administration has reimbursed withholding taxes for a total amount of €5,974.26.
CAIXABANK GESTIÓN 30
In this case, the Norwegian Tax Administration has only reimbursed €73.39.
Caixabank Asset Management has taken legal and administrative actions in various European jurisdictions to recover the withholding taxes levied on its funds’ foreign yields, particularly dividends, and has collaborated with a specialized firm in these claims. As a result, the Danish and Norwegian Tax Administrations have reimbursed the withholding taxes levied on the CAIXABANK SI IMPACTO 0/30 RV, CAIXABANK BOLSA GESTIÓN EUROPA, and CAIXABANK GESTIÓN 30 funds, for €9,678.54, €5,974.26, and €73.39, respectively. This shows Caixabank Asset Management’s commitment to defending its investors’ interests and may increase their investment portfolios. Although the amount of recovery varies, the fact that the management entity has successfully recovered some of the withholding taxes levied on the funds indicates its efforts to defend the interests of its investors.
