France: Dividend withholding tax exemption for foreign CIVs : Guidelines published
On 6 August 2013, the French Tax Authorities (FTA) published guidelines relating to the abolition of withholding tax on certain French-sourced dividends paid to some foreign Collective Investment Vehicles (CIVs).
This is further to our Announcement A12155, dated 21 August 2012.
Impact on customers
The guidelines (in French) may be accessed on the website of the FTA.
The operational details of these guidelines are currently being analysed by the market participants.
We continue to closely monitor the market and will provide more information as soon as further details are defined and officially communicated by the market.
Further information
For further information, customers may contact the Clearstream Banking1 Tax Help Desk on:
| Luxembourg | Frankfurt | |
| Email: | tax@clearstream.com | tax@clearstream.com |
| Telephone: | +352-243-32835 | +49-(0) 69-2 11-1 3821 |
| Fax: | +352-243-632835 | +49-(0) 69-2 11-61 3821 |
or Clearstream Banking Customer Service or their 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 (CBF) and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
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