Portugal: Amended list of tax haven countries and territories
Clearstream Banking1 would like to inform customers that the Portuguese government published Ordinance nº 309-A/2020 on 31 December 2020, removing Andorra from the list of countries, territories and regions with privileged and more favourable taxation regimes (the “list of tax haven countries”).
Effective
immediately
the list of tax haven countries as established by Ordinance nº 150/2004 of 13 February 2004 and amended by Ordinance nº 309-A/2020 of 31 December 2020 has entered into force.
Impact on customers
Clearstream Banking customers must consider the below new list of tax haven countries to determine the eligibility of the beneficial owners.
American Samoa | Falkland Islands or Malvinas | Marshall Islands | Solomon Islands |
Anguilha | Fiji Islands | Mauritius | St Vicente and the Grenadines |
Antigua and Barbuda | French Polynesia | Monaco | Sultanate of Oman |
Aruba | Gambia | Montserrat | Svalbardc |
Ascension Island | Gibraltar | Nauru | Swaziland |
Bahamas | Grenada | Netherlands Antilles | The Maldives |
Bahrain | Guam | Niue Island | Tokelau |
Barbados | Guyana | Norfolk Island | Trinidad and Tobago |
Belize | Honduras | Pacific Islandsb | Tristan da Cunha |
Bermuda | Hong Kong | Palau Islands | Turks and Caicos Islands |
Bolivia | Isle of Man | Panama | Tuvalu |
British Virgin Islands | Jamaica | Pitcairn Island | United Arab Emirates |
Brunei | Jordan | Porto Rico | United States Virgin Islands |
Cayman Islands | Kingdom of Tonga | Qatar | Uruguay |
Channel Islandsa | Kiribati | Queshm Island | Vanuatu |
Christmas Island | Kuwait | Saint Helena | Western Samoa |
Cocos (Keeling) | Labuan | Saint Kitts and Nevis | Yemen Arab Republic |
Cook Islands | Lebanon | Saint Lucia | |
Costa Rica | Liberia | Saint Pierre and Miquelon | |
Djibouti | Liechtenstein | San Marino | |
Dominica | Marianas | Seychelles |
a. Includes Alderney, Guernsey, Great Stark, Herm, Little Sark, Brechou, Jethou, Jersey and Lihou.
b. Remaining Pacific Islands not included in this list.
c. Spitsbergen Archipelago and Bjornoya Island.
Further information
For further information, please contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or your Relationship Officer.
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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, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.