Sweden: UK individuals again eligible for treaty benefits via the relief at source or quick refund procedure on Swedish dividend distributions
Further to Announcement A23027, Clearstream Banking1 informs clients that effective
6 April 2025
UK tax resident individual beneficial owners are again eligible to request a reduced tax rate via the Clearstream Banking relief at source or quick refund procedures for dividend payments that are paid as of this date.
This following a recent change to Article 28 of the Double Taxation Treaty between Sweden and the UK. All other requirements regarding eligibility for and application of ordinary treaty relief at source remain unchanged.
Impact on clients
Clients wishing to apply for a relief at source or quick refund for UK tax resident individual beneficial owners may do so for dividend payments paid as on or after 6 April 2025 by providing the documentation as stated in our Market Taxation Guide - Sweden.
Further information
For further information, clients may contact Clearstream Banking Client Services, their Relationship Officer or Tax Help Desk.
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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 clients 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.