Belgium : Documentation for exemption of foreign companies holding a "qualifying" participation
Following announcement A18008 confirming the repeal of the reduced 1.6995% withholding tax rate, Clearstream Banking’s1 local depository has now confirmed the documentation to be used in order to obtain a full exemption on dividends paid as of 1 January 2018. Effective,
immediately
Eligible foreign companies holding a “qualifying” participation may obtain full exemption at source or through a quick or standard refund by providing the new attestation “ Self-declaration for exemption of dividend withholding tax art. 264/1 ” instead of the former attestation requested to obtain the reduced rate of 1.6995%.
This new attestation is valid per payment. Other required documents and deadlines have not changed. Please refer to our Market Taxation Guide – Belgium for details of the full process.
Note: The reduced rate of 1.6995% is still applicable for dividends paid until 31 December 2017 by using the former attestation “ Self-declaration for reduced dividend withholding tax rate of 1.6995% ”
Further information
For further information, please contact the Clearstream Banking Tax Help Desk or Clearstream Banking Client Services or your Relationship Officer.
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1. Clearstream Banking refers collectively to 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, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.