Information on forward exchange transactions

On 1 January 2009 the flat rate withholding tax was introduced, which imposes income from capital investments (esp. interest, dividends and capital gains as well as certain forward transactions) with a standardised, general tax of 25%.

Here you will find further information on this topic.
>www. nordlb.de (in German only)

In case you have any questions on this topic please contact your responsible NORD/LB contact person.