The Market Taxation Guides (the “Guides”) provide the following information, where appropriate to the respective market:
- Reference information about all taxes applied at source, through Clearstream Banking and its local depositories, to securities deposited in Clearstream Banking; and
- Instructions for obtaining relief at source or a refund of withholding tax through Clearstream Banking.
The Guides are for use by:
- Commercial officers and custody and settlement managers who want an overview of the tax services provided for which their clients may be eligible;
- Custody and settlement staff who need to refer to the detail of tax procedures in order for them to be applied smoothly; and
- Internal tax counsels who may be called upon by colleagues for assistance in the use of the tax services for the benefit of their clients.
As new tax information and procedures become available and existing services are improved, new and replacement details will be published and customers notified accordingly.
Except where otherwise specified, the information and procedures described apply to securities deposited by Clearstream Banking with its local depository and will therefore generally apply to domestic securities – that is, securities issued by local issuers in local offerings.
Note: The Guides are maintained on an ongoing basis and, from time to time, the details for a particular market may be briefly unavailable on the web site while they are being updated.
A dedicated Tax Help Desk service staffed by tax specialists is available for Clearstream Banking Luxembourg customers and for Clearstream Banking Frankfurt non-collective safe custody customers. The Help Desk can be contacted by email, telephone or fax:
