Sweden: Liechtenstein joint stock companies may be exempt from Swedish dividend withholding tax – Procedure clarified

Further to our Announcement A15153, dated 23 July 2015, the Swedish Tax Agency has recently issued a statement confirming that joint stock companies established in Liechtenstein may be eligible to benefit from withholding tax exemption on Swedish dividend distributions.

Clearstream Banking¹ has received confirmation that the following Statements must be issued by an audit, or a law, firm in order to qualify for exemption:

• Statement that the shares are held as capital/fixed assets by the holding company;
• Statement that the company holds at least 10% of the voting power and that the shares have been held for at least one year.

General information regarding withholding tax procedures for joint stock companies established in Liechtenstein is available in Announcement A15153.

Further Information

For further information, customers may contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or their Relationship Officer.

------------------------------------------

1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and 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.