Funds typically have investors which are located in various jurisdictions each of which has its own tax reporting requirements. These requirements are often complex and differ considerably from jurisdiction to jurisdiction. Falling foul of these requirements can result in adverse consequences for investors domiciled in these countries.
This document covers the common jurisdictions in which fund and investor reporting are required, highlighting the regime in place and the reporting requirements associated with that regime. Grant Thornton offers multijurisdictional tax reporting to help funds distributing in these jurisdictions, to ensure they are complying with the local reporting requirements of the country in which their investors are situated.