Greece: Decrease of dividend withholding tax rate adopted by parliament
Further to our Taxflash T19013, concerning the draft tax law proposing to decrease the withholding tax on dividend distributions from Greek equities from 10% to 5%, Clearstream Banking1 would like to inform customers that the respective law was adopted by the Parliament on 6 December 2019.
Impact on customers
The amended tax rate will be applicable for income earned from 1 January 2019 and distributed in 2020.
For further information, please contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or your Relationship Officer.
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 AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.