Quarterly Reports Updates
June 2023
We have made the following enhancements to our Quarterly Reports:
The "Awaiting Client Documents" tab name will be changed to "Outstanding Client Items"
An additional column has been added to every tab for Missing Tax Authority Documents
Two new tabs have been added:
Audit: Claims that are under audit
Data Verification: Data awaiting review by GlobeTax
The following statuses have been added to ineligible items:
Status Code | Status Name |
|---|---|
INAFD | Ineligible - Filed by Another Party |
INPCI | Ineligible - As Per Client Instructions |
INDRO | Ineligible - Data Reversed Out (e.g. when a bank recalls an overpaid dividend) |
INSRA | Ineligible - Insufficient Reclaim Amount |
INPRD | Ineligible - Item Past Filing Reclaim Deadline |
INNRA | Ineligible - No Reclaim Opportunity |
INONL | Ineligible - On Loan |
For reference, the following statuses apply to items on the Quarterly Reports:
Status Code | Status Name | Status Description |
|---|---|---|
ACAPP | Awaiting Client Approval | Client must confirm that claim should be filed |
AUFEE, AITFE | Awaiting Upfront Client Market Fee | Awaiting payment of the upfront market fees by the client to file the claim |
AINDO | Awaiting BO Documents | Missing documentation that must be provided by client in order to begin the filing process |
AFIDO | Awaiting FI Documents | Missing documentation that must be provided by Custodian/Prime Broker(s) in order to complete the filing process |
AMAPC | Awaiting Market Process | Claims not filed due to pending filing requirements from foreign tax authorities |
ATADO | Awaiting TA Documents | Claims not filed due to missing tax authority documentation |
FILNG | Compiling To File | Claims that are in a process of being filed |
FILED | Filed Tax Reclaim | Claims filed and awaiting payment |
PROCS | Processing | Eligible claims that for various reasons are pending |
AUDIT | Filed - Under Audit | Claims awaiting additional documentation requested by the foreign tax authority |
DUREV | Data Under Review | Transactions awaiting data review and clarification from the custodian/Prime Broker(s) |
UMIND | Underlying Missing Investor Documents | Missing documentation that must be provided by underlying clients in order to begin the filing process |
INELB | Ineligible | Claims that for various reasons are not eligible to be filed |
PAID | Reclaim paid by GlobeTax | Claims paid and processed |