Italy: Annual renewal of certificate of residence – request for extension of deadline
The validity of the Certificates of Residence that Clearstream Banking currently hold for non-resident beneficial owners eligible to obtain tax relief on dividends from Italian equities will expire on 31 March 2020. This is further to C20002 of 17 January 2020.
Our local partner Intesa Sanpaolo, together with the major Italian withholding agents, has been leading an official request through AIBE (Italian Foreign banks association) to the Italian tax authorities.
We will continue to monitor the situation and will inform you as soon as further details are available.
This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A. its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions