Tax refunds: Clearstream Banking credit advices
We hereby remind customers of Clearstream Banking1 that, when submitting a tax reclaim application via Clearstream Banking, it is strongly recommended to attach the original Clearstream credit advice in order to ensure that the refund request is as complete as possible.
Credit advices can be requested as described in our Announcement L13116, dated 2 September 2013.
Background
A credit advice identifies income payment details, including the security type, gross amount of payment, date of payment, amount of tax withheld, the payer and the receiver of the payment.
The credit advice is used by local tax authorities to reconcile the information in the refund documentation and to identify the entity receiving the income payment. It is therefore important that such credit advices are as complete as possible in order to avoid rejection by the relevant tax authorities.
Important note
Clearstream Banking will accept no responsibility for any incompleteness or inaccuracy in the customer request that will delay its treatment of a tax refund application.
It is the customer's responsibility to provide a valid and complete refund request in a timely manner and in accordance with Clearstream Banking's procedure and rules in order to enable Clearstream Banking to process such request and deliver the tax refunds within our Clearstream Banking deadlines.
Clearstream Banking does not guarantee that the relevant competent authorities will grant entitlement to a customer’s tax reclaim.
Further information
For further information, customers may contact the Clearstream Banking Tax Help Desk on:
| Luxembourg | Frankfurt | |
| Email: | tax@clearstream.com | tax@clearstream.com |
| Telephone: | +352-243-32835 | +49-(0) 69-2 11-1 3821 |
| Fax: | +352-243-632835 | +49-(0) 69-2 11-61 3821 |
or Clearstream Banking Customer Service 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 (CBF) and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
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