According to the information recently received from the local Czech CSD, certain IRS-required documents will be requested, in case clients, having position in the above-mentioned security, wanted to benefit from the DTTA.
Additional details can be found in the attached document.
Please be aware of the upcoming dividend in USD: if you plan to benefit from DTTA, the documents must be received by UniCredit Bank CZ by 30/11/2022.
Please note that the local CSD will not be facilitating the tax refund services for any US security, thus UCBCZ will not be able to provide it either.
Impact on Clients: Clients need to evaluate any potential impact on their Tax and Income processing.
NORTONLIFELOCK – US6687711084 (renamed to GEN Digital Inc.)
UniCredit Bank Czech Republic and Slovakia,a.s.
Information about dually listed US stock Gen Digital Inc. US6687711084