讲义

同学你好，这条其实完全不用掌握。可以看一下GIPS解释的原文：其实意思就是说再计算net return的时候，最好的practice是要把non-reclaimable withholding taxes, 也就是不可撤回的预提税扣除之后计算net return。

Global investing requires recognition of the tax consequences of investing in different countries. The GIPS standards recommend that performance be reported net of non-reclaimable withholding taxes on dividends, interest, and capital gains. Some countries allow certain types of foreign investors to reclaim a portion of the foreign withholding taxes that are paid when transactions or payments occur. These reclaimable foreign withholding taxes may be credited back to the investor at a later date. It is recommended that reclaimable foreign withholding taxes be accrued.