London, United Kingdom, March 25th, 2025, FinanceWire
TaxTec Group Ltd, the world’s first fully digital tax reclamation service has forged two new official partnerships with NRW Consulting LLC and WTS Hansuke.
NRW Consulting LLC is a premier consultancy specializing in global litigation and shareholder engagement solutions for investors and consumers across the world. Through this partnership, TaxTec’s advanced tax technology solutions will be integrated with NRW Consulting’s expertise in fiduciary compliance, delivering a comprehensive suite of services that streamline tax recovery processes, reduce risks, and enhance efficiency for market participants and their agents.
WTS Hansuke is a leading tax practice and international financial services consultancy. The partnership with TaxTec is designed to enhance WTS Hansuke client services specifically in the area of withholding tax reclamation on foreign securities. On top of the reclamation process, WTS Hansuke can now offer clients up-to-date views of reclamation status, alongside a predictive forward view of both process and portfolio.
Withholding tax reclamation is a hot topic. Recent research from TaxTec has revealed that investors globally leave some $16 billion of withholding tax on foreign securities unreclaimed each year. For UK investors in foreign securities, the unreclaimed volume is over $1.3 billion, and in the US over $3.8 billion.
For more information about these partnerships and the solutions offered, users can visit www.taxtec.co.uk, www.nrwconsultingllc.com, or www.wtshansuke.co.uk.
About TaxTec
Founded in 2023, TaxTec provides an AI-enabled, automated global tax recovery solution tailored for institutional investors and their service providers. The company leverages advanced digital technology and a client-focused service model to support efficient tax reclaim processes across major international markets. TaxTec’s approach is designed to increase tax recovery coverage while reducing administrative costs.
About NRW Consulting
NRW Consulting supports, recommends, and creates pathways to recovery for global investors and consumers harmed by corporate misconduct, including securities fraud, market manipulation, and violations of global regulatory requirements.
About WTS Hansuke
WTS Hansuke is a financial services consulting firm based in the City of London. They harness their technical and commercial expertise to provide their clients with a highly personalized, world-class service. Their role is to understand and anticipate our clients’ needs, only then can they advise and deliver to meet their needs. Their focus on the financial services industry brings together leading experts to build long-lasting client relationships.
Contact
Client Services Director
Sarah Nurgat
ThoughtSpark
[email protected]
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