France: Temporary procedure for certification of forms 5000 for tax reclaim
Clearstream Banking1 and its local partner obtained confirmation from the French Tax Authorities (FTA) of the possibility to temporarily accept non-certified forms 5000 if accompanied by a valid certificate of residence (COR).
Clearstream Banking accepts to receive non-certified forms 5000 for the application of a standard refund.
The same procedure was already confirmed for the relief at source procedure. For additional information, please refer to Announcement C20008.
Impact on customers
Customer wishing to file a standard reclaim of French dividend withholding tax must ensure to provide the usual certification, in original. For additional details, please refer to our Market Taxation Guide – France.
If Box IV of Form 5000 cannot be completed by the final beneficiary's foreign tax authorities, a valid COR can be temporarily accepted.
The COR must clearly state:
- The fiscal year covering all dividends listed in the form 5001; and
- For beneficial owners claiming the benefit of a double taxation treaty (DTT), that the beneficiary is resident within the meaning of the DTT signed with France and sent together with the Form 5000.
Important note: This temporary procedure will remain in force until 31 December 2020.
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.