Greece: New tax bill voted into law


Clearstream Banking1 would like to inform customers that further to our Taxflash T16016, dated 27 April 2016, the Greek Parliament has on 8 May 2016 voted into law the tax bill concerning the provision on the increase of withholding tax on dividends from 10% to 15%. Effective


the new rate will be applicable with retrospective effect on income earned from 1 January 2016 onwards.

Further information

For further information, please contact the Clearstream Banking Tax Help Desk or Clearstream Banking Client Services or your Relationship Officer.

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.