France: Financial Transaction Tax (FTT) : further information and reminder

29.10.2012

Further to our previous Announcements concerning the French law introducing a Financial Transaction Tax (FTT) (the FTT Law ) a new announcement A12194 has been published.

Important dates

From Monday 29 October 2012 (and not 4 November 2012 as previously stated), Clearstream Banking customers will be able to upload their FTT declarations via CreationOnline or CreationDirect via Internet for further release to Euroclear France.

We highly recommend customers to send their declarations as early as possible ahead of the declaration deadline.

For further information about the following topics can be found in the announcement:

  • Impacted securities
  • Accountable Parties
  • Which transactions will be taxed?
  • Standard schedule
  • Declaration format
  • Requirements and Recommendations

Please contact your Customer Service, Connectivity Support for further details.