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DGAP-News: Haier Smart Home Co.,Ltd.: Announcement on D-share Dividend

Retrieved on: 
Tuesday, August 16, 2022

The Chinese withholding tax may generally be creditable against German income tax (Krperschaftsteuer/Einkommensteuer) on Chinese income or may be tax-deductible when determining the income.

Key Points: 
  • The Chinese withholding tax may generally be creditable against German income tax (Krperschaftsteuer/Einkommensteuer) on Chinese income or may be tax-deductible when determining the income.
  • Whether the dividend is actually taxable for the shareholder is irrelevant for the deduction of investment income tax.
  • The German investment income tax levied is creditable against income tax without limitation; even a refund is possible, unless income tax applies (section 36 para.
  • On behalf of Haier Smart Home Co., Ltd.
    16.08.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.

DGAP-News: Haier Smart Home Co.,Ltd.: Announcement on D-share Dividend

Retrieved on: 
Tuesday, August 17, 2021

The dividend will be paid out via Clearstream Banking AG subject to a deduction of Chinese withholding tax of 10%.

Key Points: 
  • The dividend will be paid out via Clearstream Banking AG subject to a deduction of Chinese withholding tax of 10%.
  • Whether the dividend is actually taxable for the shareholder is irrelevant for the deduction of investment income tax.
  • 3 sentence 1 of the German Income Tax Act is to be credited without limitation against income tax within the scope of section 36 of the German Income Tax Act.
  • - The German investment income tax levied is creditable against income tax without limitation; even a refund is possible, unless income tax applies (section 36 para.