Spain: New withholding tax rate - reminder
Further to Announcement A14167, dated 8 December 2014, Clearstream Banking1 would like to inform customers that effective
1 January 2016
the standard withholding tax rate on all Spanish securities (debt securities and equities) will be reduced from the current 19.5% to 19%.
For the time being, the withholding tax rate applicable to interests and dividends distributed by Public or Private companies issued by the Autonomous Community of Navarra will remain at 20%.
The lists of “Double Taxation Treaties concluded by Spain and currently in force” for bonds and equities will be updated on 1 January 2016.
Further Information
For further information, customers may contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and 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.