Form descriptions - Latvian Vestima fund securities – Latvian investment funds - Latvia - CFCL

Breakdown of Taxable Holdings

If the Vestima fund securities are held by taxable beneficial owners, clients must, before each impacted income event, provide Clearstream Fund Centre with a Breakdown of Taxable Holdings via SWIFT (free formatted MT599), or CFS PORTAL message , containing all mandatory information per beneficiary, as per below:for full formatting requirements), containing all mandatory information per beneficiary, as per below:

• Account number;
• ISIN code;
• Corporate action id;
• Data identifying the final beneficial owners: 
  - Full name of the tax beneficial owner. To be specified in the benodet sequence for Swift users or in the beneficial owner details sequence for CFS PORTAL users);
  - Personal identification code (natural persons) or registration number (legal persons). To be specified in field 95S::ALTE//TXID for Swift users;
  - Date of birth (required only for natural persons, not-residents of Latvia). To be specified in the narrative for SWIFT and CFS PORTAL users;
  - Country of residence for tax purposes. To be specified in benodet sequence in field 94c for Swift users or in the beneficial owner details sequence under BENF place for CFS users;
  - Address in the residence country (street, street number, place, postal code). To be specified in benodet sequence for Swift users or in the beneficial owner details sequence for CFS users;
  - Legal status (individual or legal entity) of the beneficial owner. To be specified in field 70E, INST// for Swift users or in the Corporate action instruction sequence under Narrative for CFS users,
  - Holding of each beneficial owner;
  - Tax rate to apply. To be specified in field 92a for Swift users or in the requested withholding tax rate for CFS PORTAL users.