Canada: Quick refund deadlines for 2023 dividend payments

01.11.2023

Clearstream Banking1 informs clients that the client deadlines for submitting tax instructions on dividend payments paid in 2023 from Canadian equities, that are held with Clearstream Banking’s depository in Canada (Royal Bank of Canada dep. 4 C), using the quick refund procedure through Clearstream Banking, are as set out in the table below:

Event payment date

Clearstream Banking deadline

From 1 January 2023 to 30 November 2023

10:00 CET on 4 December 2023

From 1 December 2023 to 31 December 2023

10:00 CET on 2 January 2024

Impact on clients

Clients are requested, with immediate effect, to apply the above deadlines when submitting quick refund requests through Clearstream Banking, for the current calendar year for dividend payments from Canadian equities.

Further information

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