Germany - Ministry of Finance Letter Ruling on Short Selling of Stocks around the Dividend Record Date
- H. Krause; B. (Bernd) Schmitt
- Derivatives & Financial Instruments, 2009 (Volume 11), No 6
- 16 November 2009
The Ministry of Finance has issued a letter ruling dated 5 May 2009 concerning the credit and refund of German withholding tax on German dividends sold short. The letter specifies additional requirements that must be met to obtain a refund or credit of withholding tax at the investor level.