Common use of Income from Financial Instruments Clause in Contracts

Income from Financial Instruments. On shares and bonds, dividend and interest may be paid by the issuer. XXXXXX will book the amounts that XXXXXX receives with regard to your Securities, to your Balance. Often, a withholding tax is applied to income from Securities. Arranging for relief or repayment of such withholding tax, is not a service that XXXXXX agrees to be obliged to provide. Where, in relation to certain Securities in combination with the situation of Client, such is possible with a simple and automated process, DEGIRO can on a case-by-case basis make an effort to try to arrange that Client receives the tax treatment to which Client is entitled under the tax treaty that applies to Client. If it afterwards appears, that XXXXXX has paid to Client a higher amount of income than the amount that DEGIRO eventually received, DEGIRO will be entitled to deduct the difference from the Balance of Client. Further information regarding income from Financial Instruments and the requirements that apply for Client to benefit from the services of DEGIRO in relation thereto, is provided in the document Corporate actions, expirations and administrative actions in the Investment Services Information.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Income from Financial Instruments. On shares and bonds, dividend and interest may be paid by the issuer. XXXXXX will book the amounts that XXXXXX receives with regard to your Securities, to your Balance. Often, a withholding tax is applied to income from Securities. Arranging for relief or repayment of such withholding tax, is not a service that XXXXXX agrees to be obliged to provide. Where, in relation to certain Securities in combination with the situation of Client, such is possible with a simple and automated process, DEGIRO DEGI RO can on a case-by-case basis make an effort to try to arrange that Client receives the tax treatment to which Client is entitled under the tax treaty that applies to Client. If it afterwards appears, that XXXXXX has paid to Client a higher amount of income than the amount that DEGIRO eventually received, DEGIRO will be entitled to deduct the difference from the Balance of Client. Further information regarding income from Financial Instruments and the requirements that apply for Client to benefit from the services of DEGIRO in relation thereto, is provided in the document Corporate actions, expirations and administrative actions in the Investment Services Information.

Appears in 3 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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Income from Financial Instruments. On shares and bonds, dividend and interest may be paid by the issuer. XXXXXX will book the amounts that XXXXXX receives with regard to your Securities, to your Balance. Often, a withholding tax is applied to income from Securities. Arranging for relief or repayment of such withholding tax, is not a service that XXXXXX agrees to be obliged to provide. Where, in relation to certain Securities in combination with the situation of Client, such is possible with a simple and automated process, DEGIRO can on a case-by-case basis make an effort to try to arrange that Client receives the tax treatment to which Client is entitled under the tax treaty that applies to Client. If it afterwards appears, that XXXXXX has paid to Client a higher amount of income than the amount that DEGIRO eventually received, DEGIRO will be entitled to deduct the difference from the Balance of Client. Further information regarding income from Financial Instruments and the requirements that apply for Client to benefit from the th e services of DEGIRO in relation thereto, is provided in the document Corporate actions, expirations and administrative actions in the Investment Services Information.

Appears in 2 contracts

Samples: Client Agreement, Client Agreement

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