Belgium : Documentation for exemption of foreign companies holding a "qualifying" participation


Following announcement A18008 confirming the repeal of the reduced 1.6995% withholding tax rate, Clearstream Banking’s1 local depository has now confirmed the documentation to be used in order to obtain a full exemption on dividends paid as of 1 January 2018. Effective,


Eligible foreign companies holding a “qualifying” participation may obtain full exemption at source or through a quick or standard refund by providing the new attestation “ Self-declaration for exemption of dividend withholding tax art. 264/1 ” instead of the former attestation requested to obtain the reduced rate of 1.6995%.

This new attestation is valid per payment. Other required documents and deadlines have not changed. Please refer to our Market Taxation Guide – Belgium for details of the full process.

Note: The reduced rate of 1.6995% is still applicable for dividends paid until 31 December 2017 by using the former attestation “ Self-declaration for reduced dividend withholding tax rate of 1.6995%

Further information

For further information, please contact the Clearstream Banking Tax Help Desk or Clearstream Banking Client Services or your Relationship Officer.

1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.