Japan: Japanese Government Bonds, Corporate and Municipal bonds – Change of format of the application forms for withholding tax exemption
Reference
Clearstream Banking1 informs clients that effective
immediately
clients must submit to Clearstream Banking the revised forms for new applications, renewals and TIN extension requests. These revised forms were issued by the National Tax Agency (NTA) for the following J-BIEM (Japanese Bond Income Tax Exemption Scheme) related documents:
- Application Form for Withholding Tax Exemption; and
- Application Form for Amendment concerning Withholding Tax Exemption.
Impact on clients
Clients must submit the data required in the Application form for Withholding Tax Exemption and the Application form for Amendment concerning Withholding Tax Exemption in an Excel format rather than in a Word/PDF format.
The Excel application forms must be password-protected and sent by email to tax@clearstream.com. The originals are not required.
All clients should use the new forms for new applications, renewals and TIN extension requests to hold Japanese Government Bonds, Corporate and/or Municipal bonds in Clearstream Banking.
Tax forms that have already been submitted are still valid until their expiry date.
Further information
The Market Taxation Guide – Japan will be updated in due course.
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 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.
