Belgium: Increase of withholding tax adopted by Parliament

30.12.2016

Further to our Taxflash T16036, dated 19 October 2016, Clearstream Banking1 informs customers that effective

1 January 2017

the withholding tax on Belgian income and dividends will increase from 27% to 30% for all financial instruments.

This follows the adoption of the budget law for 2017 by the Belgian Parliament.

The Market Taxation Guide – Belgium will be updated in due course.

Further information

Customers may contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or their 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 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.