Ireland: Increase of dividend tax rate

10.01.2020

Clearstream Banking1 informs customers that effective

1 January 2020

and following the presentation of the Budget 2020 to Parliament on 8 October 2019 by the Irish Minister of Finance, the standard rate of withholding tax on Irish dividend income has increased from 20% to 25%.

Further information

For further information, please contact the Clearstream Banking Tax Help Desk or 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.