Greece: Implementation of Capital Gains Tax

Further to our Taxflash T12015, dated 2 April 2012, and effective

1 January 2013

the Greek Parliament has, on 10 April 2012, approved the proposal to postpone the implementation of the Capital Gains Tax until 1 January 2013.

Note: Until the implementation of the proposed Capital Gains Tax, the 0.20% sales tax on equities transactions will continue to apply.

Further information

For further information, please contact the Clearstream Banking¹ Tax Help Desk on:

or Clearstream Banking Customer Service or your Relationship Officer.

1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in the Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF) and Clearstream Banking, société anonyme, registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).