Other services - Slovenia

31.05.2022

Securities lending and borrowing

All foreign debt securities included in this link and eligible in CBL qualify for CBL’s securities lending and borrowing programme.

Disclosure requirements

Please refer to the Disclosure Requirements - Slovenia.

Holding restrictions

Please refer to the Investment regulation - Slovenia.

Registration

Securities can be registered in the name of the beneficial owner or on the custody (omnibus) account that has been opened in the name of the account holder/legal owner.

KDD Identification Number

The KDD identification number for Clearstream Banking Luxembourg for the fiduciary account 3673204 is 144200107537774. The KDD identification number is sometimes required by investors to complete subscription forms and other similar local forms.

Tax services

Interest paid on Slovenian government bonds is exempt from withholding tax.

Non-resident private entities are not taxed on government securities; resident legal and private entities are required to submit a tax declaration to the Slovenian Tax Authorities.

Furthermore, customers that hold Slovenian government bonds in their CBL account are obliged to provide CBL, upon request from the Slovenian authorities (tax authorities or withholding tax agent), with a List of Beneficial Owners containing, for each beneficial owner (including themselves, if applicable) the name, address, country of residence for tax purposes, official Tax Identification Number (if any), legal status and nominal amount of the securities.

Standard withholding rate

Matrix of standard withholding rate for unknown recipients:

Withholding tax

Unknown recipient

Dividend payments

25%

Government securities or government guaranteed securities

0%

Corporate bonds

0%

listed on organised markets with no equity swap option

Corporate bonds

27,5%

non-listed on organised markets or with equity swap option

Bank bonds - non-listed

27,5%

Government securities, government guaranteed securities and corporate bonds that are listed on organised markets and with no equity swap option are statutory exempt of withholding tax.

For an intermediary acting as a non-authorised financial intermediary, only a standard tax refund is available.

The standard withholding tax rate can be reduced by either claiming statutory withholding tax rate or claiming withholding tax rate by the provisions of the Double Taxation Treaty (DTT) between the country of residence and Slovenia depending on the final beneficiary's preferences.

Matrix of withholding tax by type of the final beneficiary:

Residents

Non-residents

Withholding tax on dividend payments 

Legal entities

0%a

15%

Individuals

27,50%

27,50%

Withholding tax on interest payments

Government securities or government guaranteed securitiesb

Legal entities

0%

0%

Individuals

0%

0%

Debt instruments listed on organised markets with no equity swap optionc

Legal entities

0%

0%

Individuals

0%

0%

Corporate bonds - non-listed

Legal entities

0%

15%

Individuals

27,5%

27,5%

Bank bonds - non-listed

Legal entities

0%

0%

Individuals

27,5%

27,5%

a. Provided Slovenian TIN is presented before the payment.

b. No WHT tax; Slovenian tax residents liable for taxation through personal or corporate tax declaration.

c. Fulfilling the conditions: listed on the organised market and having no swap option for equities.

Capital gain tax

There is no capital gains tax withheld on securities held in CBL. Capital gains tax may however be payable on specific gains. CBL does not assist in this regard. Please consult your tax advisor for further information

Stamp Duty

There is no stamp duty.