We would hereby like to ask our clients to provide us with Certificates of Tax Residence issued for year 2018 in order to be able to apply lower tax rates on income payments.
The CoTRs shall be supported with Beneficial Owner Declarations. The Beneficial Owner Declaration is a one-time document; in case the Beneficial Owner Declaration has already been provided in the past, this is still valid until revoked or amended by the client.
The CoTR must be an original document or a certified copy, with a wet ink signature and/or stamp. In case the document does not have a wet ink signature and/or stamp, the document shall be certified by a notary, confirming the document is an original or true copy of the original document issued by the Tax Authority of the particular country, and apostilled.
Impact on investors: New tax documentation required for year 2018.
Tomas Vacha, Relationship Manager
Tel. +420 955 960 777, Fax +420 221 112 596