Finland: Quick refund for Teliasonera ISIN SE0000667925

08.03.2016

Customers of Clearstream Banking1 are informed that relief at source is not available for the dividend payment related to Teliasonera, ISIN SE0000667925, on 20 April 2016, but only quick refund and standard refund are available.

Note: For eligible final beneficial owners that are residents of Sweden, a quick refund is not possible and withholding tax should be reclaimed directly from the Swedish tax authorities.

Quick refund procedure

Customers are reminded that they can apply for a quick refund of withholding tax on this dividend between 21 April 2016 and 24 June 2016 (17:00 CET) on behalf of eligible beneficial owners.

Documentation requirements

To reclaim withholding tax on dividends by using the quick refund procedure, customers must submit the following documentation to Clearstream Banking:

  • One-Time Certificate for Swedish Equities; and
  • List of final beneficial owners entitled to a quick refund for Swedish equities (via the Upload BO List facility).

The forms are available under Tax Forms to use - Sweden.

The number of beneficial owners applying for the quick refund must also be provided, either in the uploaded beneficial owner list directly or via SWIFT MT599 or CreationOnline free-format message.

Customers are reminded that a quick refund fee of EUR 75.00 per beneficial owner is applied by our depository and charged to customers.

Important note

Full disclosure of the beneficial owners must be provided by customers upon request from Clearstream Banking or the Swedish tax authorities. The following disclosure details are currently required by the tax authorities:

  • Full and official name;
  • Address in the country of domicile;
  • Tax ID/date of birth;
  • Certificate of residence of the beneficial owner.

Deadline

In order to apply for a quick refund, customers must provide the required documentation no later than 24 June 2016 (17:00 CET).

As of 25 June 2016, a tax refund can be applied for directly from the Swedish tax authorities via the standard procedure, as described in the Market Taxation Guide - Sweden.

Foreign exchange

In order to apply for a quick refund, the depository will return the net dividend in Swedish Kronor (SEK) to Sweden. This net amount returned is calculated using the original SEK dividend rate per share announced by the issuing company. Consequently, corrections may affect the actual EUR dividend per share debited, depending on the exchange rate from EUR to SEK at the time of correction.

If the receiver will receive EUR, Euroclear Finland executes the foreign exchange and returns the new EUR net dividend to Clearstream Banking. Consequently, corrections may affect the actual EUR dividend per share credited, depending on the exchange rate from SEK to EUR at the time of correction.

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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthaleralle 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.