Offered in conjunction with DTC TaxRelief^sm, TaxInfo is a succinct international tax withholding and relief entitlement guide designed to assist participants in making appropriate elections on behalf of their customers for withholding tax relief on income payments from foreign securities.

Overview

Understanding and determining tax relief entitlements on foreign income payments for various investor types can be difficult, as the rules and regulations are often complex and hard to decipher. Not to mention ever-changing. DTC TaxInfo^sm (TaxInfo) was developed for select markets eligible for DTC TaxRelief^sm to help participants by offering quick and concise identification of the various withholding tax rates applicable to different types of investors.

Offered in conjunction with DTC TaxRelief^sm, TaxInfo is a succinct international tax withholding and relief entitlement guide designed to assist participants in making appropriate elections on behalf of their customers for withholding tax relief on income payments from foreign securities. It includes beneficial owner definitions under various tax treaties, tax withholding rates in various countries for different types of investors, and other accompanying eligibility criteria. This information is compiled from several sources, including international taxing authorities, issuers, paying agents, international accounting and law firms and other external sources.

Who Can Use the Service

All DTC participants are eligible to use this service.

Benefits

• Easy access to foreign tax withholding and relief information on DTC TaxRelief eligible securities for specific jurisdictions.
• Information derived from several sources including international taxing authorities, issuers, paying agents, international accounting and law firms and other external sources.
• Reduced response time to customer inquiries as it provides a centralized source of withholding tax information participants can use for their own research purposes.

How the Service Works

TaxInfo is accessible per country and income type (e.g. dividend, interest) for covered markets. TaxInfo provides:

• Beneficial owner definitions under various tax treaties.
• Tax withholding rates for different investor types applicable to various countries.
• Legal conditions regarding the use of DTC TaxRelief.
• Documentation requirements for tax relief processing.
• Audit information related to DTC TaxRelief.
• URLs for related websites.

For More Information

Please contact your Relationship Manager at 800-422-0582.

TaxInfo is not tax advice and is not intended to be a substitute for obtaining tax advice from an appropriate professional adviser.