U.S.A.: Deadline for 2020 U.S. withholding tax reclaims
Clearstream Banking1 would like to inform customers that until
4 January 2021
it will accept customer applications for reclaim of tax withheld on U.S. source dividends and interests paid in 2020. It will reject any reclaim application received after this deadline and will ask customers to apply for the reclaim directly to the U.S. Internal Revenue Service (IRS).
Customers are asked to take note that:
- Tax refunds will be processed in the order received and only when there are sufficient funds in Clearstream Banking internal tax account.
- Tax refunds on U.S. taxable dividends and interests paid from 1 January to 30 September 2020 are, since 31 October 2019, subject to an extra fee. For more information, see Announcement A18178.
How to instruct
Withholding tax reclaim applications should be sent to Clearstream Banking via SWIFT MT565, MT599 or MT568.
For further information, customers may contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or their 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.