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.