Slovenia: New withholding tax rate
Effective
1 January 2013
the withholding tax rate on income paid on taxable Slovenian bonds and equities will be increased from 20% to 25%.
Background
The Slovenian Public Finance Balance Act established the increase of the withholding tax rate to 25% to be applicable on:
- Interest paid on:
- Corporate bonds not listed on organised markets or with equity swap option;
- Unlisted bank bonds;
- Dividends.
Currently these securities are subject to 20% tax.
Interest paid on government bonds and on corporate bonds listed on organised markets remains exempt from withholding tax.
Impact on customers
The possibilities to recover the tax applied at source via the standard refund procedure described in our Announcement A11060, dated 13 May 2011, remain unchanged.
Further information
For further information, customers may contact the Clearstream Banking1 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.
1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in the Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF) and Clearstream Banking, société anonyme, 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).
| As a registered customer, subscribe to our free email alerts service to receive immediate, daily and/or weekly notification of the latest customer publications on our website. Unsubscribe at any time; we respect your email privacy. |