Finland: OECD TRACE model – FTA publishes Frequently Asked Questions
Reference
Clearstream Banking would like to inform customers that further to the Finnish government’s decision to implement a new tax relief at source procedure in accordance with the Organisation for Economic Co-operation and Development (OECD) Treaty Relief and Compliance Enhancement (TRACE) model, effective as of 1 January 2021, the Finnish Tax Administration (FTA) has published on their website a Frequently Asked Questions (FAQ) document regarding the following topics:
- Authorised Intermediary's (AI) responsibilities and liabilities
- Investigating and identifying the dividend beneficiary
For further information, customers may contact the Clearstream Banking Tax Help Desk or Clearstream Banking Client Services or their Relationship Officer.
This Taxflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Taxflash is at the customer’s own risk and Clearstream Banking S.A. its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions. |