South Korea: Relief at source for dividend payments of DRs – new template for BO List Upload

05.12.2022

Clearstream Banking1 informs customers that effective 

immediately

customers must submit their Beneficial Owner (BO) List, if applicable, using the new template via Clearstream Banking’s Upload Beneficial Owner List application.

Customers must upload their BO List using the latest template and submit all required data.

The “ENTITY TYPE” column has been modified to include “INDIVIDUAL, CORPORATION, OIV, OPCIV, or OIV as BO”.

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 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 AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.