U.S.A.: Issuance of 2021 IRS Form 1042-S
Clearstream Banking1 would like to inform customers that it has issued IRS Form 1042-S to the recipients of U.S. taxable income in 2021.
Customers should take note of the following information:
- Section 871(m) of the Internal Revenue Code
The data included in Form 1042-S was solely determined based on the information reported by the domestic and common depositories to Clearstream Banking.
- The reclassification of income from Real-Estate Investment Trust (REIT) and Regulated Investment Company (RIC) instruments
The data is not included in Form 1042-S as the information has not yet been communicated to Clearstream Banking. An amended Form 1042-S, together with a list of all instruments and related reclassified income, will be sent out at a later stage to customers that hold REITs and RICs.
Note: Detailed information regarding the tax treatment, reclassification and reporting of REIT and RIC instruments can be found on the website under Tax Treatment of U.S. REITs and RICs.
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.