Question: If Tax Authorities approve this, what will happen next? Everyone will start to do the same (we don’t need a Finpension account for this), tax authorities get swamped with requests like this (that they can no longer validate properely given the complexity) and over time, the tax office will either directly include these figures into ICTAX, or they will come down with a ruling that this doesn’t work. So what happens here is that FP triggers an interesting conversation on whether we should be able to claim lost L1 WHT and receive “foreign tax credits” or not. But mid-long term, this advantage of FP will evaporate.
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