FAQ

• A new legislation on the taxation of savings?
  
• Why this new legislation? Resources?
  
• Exchange of information? Taxation at the source?
  
• Which percentage will be applied as SRT? Quid with the Belgian withholding tax?
  
• How about the Bank confidentiality?
  
• Is this related to me? If yes, what does it involve?
  
• Which are the concerned investments or credit balances?
  
• On which part of the income from an investment fund does the SRT apply?
  
• How can I avoid State of residence tax?
  

  If you are concerned and you have investments and balances involved, you can only avoid the SRT by handing over to Keytrade Bank an appropriate exemption certificate which must be required at the tax and customs administration of the state where you live and to which you need to communicate the data of your account with Keytrade Bank. This certificate is valid for a period not exceeding three years. During this period Keytrade Bank will not withhold nor communicate anything about the account(s) mentioned on the certificate. After maximum 3 years you need to provide Keytrade Bank a new appropriate exemption certificate.
  To find the authority concerned, click here

• Can I recover the SRT or deduct it from other taxes?