Cyprus Equities

Withholding tax services

Equities	Holding restriction?	Withholding tax rate	Relief at source	Quick refund	Standard refund
	Yes	0%
Non-residents			n/a	n/a	n/a

Special defence contribution tax

Equities	Holding restriction?	Withholding tax rate	Relief at source	Quick refund	Standard refund
	Yes	0-17% ^a
Non-residents			n/a	n/a	n/a

a. Although market practice is that most issuers apply 0% special defence contribution (SDC) tax, certain issuers may decide to apply the SDC at a higher rate. Clearstream Banking will inform clients accordingly should this be the case.