U.S.A.: Reminder : Deadline for 2013 U.S. withholding tax reclaims


Clearstream Banking1 will accept customer applications for reclaim of withholding tax on dividend and interest payments made on U.S. securities in 2013 only until

2 January 2014

If we receive a reclaim application after this deadline, the customer will be directed to apply directly to the U.S. Internal Revenue Service (IRS) for a refund request.

We would also remind customers that, under our Qualified Intermediary (QI) Agreement, we cannot process reclaims after the end of the 1042-S reporting period in the year following the tax period. However, the above reclaim deadline has been set in order to ensure timely reporting.

Note: Reclaims of withholding tax will only be processed, in the order received, up to the start of the reporting period and only when there are sufficient funds in the tax account2.

Where to obtain reclaim forms

The relevant reclaim forms can be found on our website under Information Centre / Tax / ICSD Tax Information - United States of America / Tax Forms to use - USA.

Where to send reclaim forms

Customers should please submit their reclaim forms, preferably by registered mail, directly to:

Clearstream Banking
Attn: OTL - Tax Services - US WHT RECLAIM
42 avenue J.F. Kennedy
L-1855 Luxembourg

Further information

For further information, customers may contact the Clearstream Banking Tax Help Desk on:

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.

1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in the Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF) and Clearstream Banking, société anonyme, registered office at 42, avenue John F. Kennedy and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).
2. Our QI Agreement with the IRS allows us to adjust for over-withholding, either by a set-off of a subsequent payment or by a reimbursement. As we make weekly deposits via the Electronic Federal Tax Payment System (EFTPS), there may not be, at a given time when a customer reimbursement is requested, sufficient funds in the tax account to make that reimbursement.