Greece: New tax bill voted into law

12.05.2016

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

immediately

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.

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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.