U.S.A.: Reminder: Upstream agents to provide Form 1042-S

Clearstream Banking¹ reminds all upstream agents (including but not limited to issuers, paying agents and depositories), that they must provide Clearstream Banking with copies of Form 1042-S when payments on securities subject to U.S. taxation and reporting obligations have been made by 15 March of the following year. 

As stated in the United States Internal Revenue Service (IRS) instructions, Form 1042-S, must be filed (paper or electronically) with the IRS by 15 March of the following year from when the payment was made. 

The upstream agents must also provide these forms to the recipient of the income by the same deadline (unless a deadline extension has been granted by IRS). 

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 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.