Reference
Clearstream Banking1 would like to inform customers that following Announcement A15229 dated 8 December 2015, it has now been announced that effective
1 January 2016
the standard withholding tax rate applicable to income derived from securities issued by entities resident in the Autonomous Community of Navarra is decreased from 20% to 19%.
Further information
For further information, please contact the Clearstream Banking Tax Help Desk, Clearstream Banking Client Services or your Relationship Officer.
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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.