Denmark: New online tax procedure for standard refund




the Danish Tax Authorities (SKAT) have implemented a new online tool for the filing of standard reclaims of tax withheld on Danish dividend payments.

Reclaims submitted in paper form will consequently no longer be accepted by SKAT as of 1 April 2017, and should instead be submitted online only.

Impact on customers

Customers wishing to reclaim tax on Danish dividends through the standard refund procedure via the existing paper form solution, should provide the required documentation to Clearstream Banking1 no later than 10 February 2017. After this date standard reclaims must be submitted online only.

Clearstream is currently in the process of reviewing the new online process and the documentation requirements with its custodian and will provide further guidelines on the new process shortly.

Further information

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

1. Clearstream Banking refers collectively to 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, and Clearstream Banking AG (for Clearstream Banking Frankfurt (CBF) customers using CreationOnline), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.