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V1151-14 ·25 April 2014 ·consulta-vinculante Medium impact
Tax

The issuing company is liable for dividend withholding and account entry

A company inquired whether it or the depositary banks was responsible for dividend withholdings. The DGT clarifies that the obligation lies with the issuing company, as banks act as payment intermediaries.

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2014-04-25PublishedPublished in the BOE
Official text Based on BOE data (boe.es). Information, not advice.

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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