EN 
ES 
| Circular | Annex | Date | Reference | Status | Download |
| 360 | NO | 08.052024 |
Applicable Tax Regulation for the Cross-Border Custody Service |
In effect | NO |
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES
Dear Depositors,
As you are aware, Depósito Central de Valores S.A., Depósito de Valores (DCV), offers depositors the custody service for securities kept abroad, based on agreements with international custodians to open custodian accounts.
The mentioned service is ruled by the provisions of DCV's Internal Regulation, by the Annex of the Deposit Contract called Cross-border Custody Annex and the Transactions Guideline of the Cross-Border Custody Service available on DCV's website. In addition, the specific rules for Cross-border custodians to operate are applied, which are also available on DCV's website and are binding for depositors and their investors.
Regarding the service, we wish to remind you that the Transactions Guideline states that DCV does not provide any tax advice, due to which each depositor is responsible for knowing the applicable regulations on these subject matters, including aspects such as any benefits that they may access according to the accounts' structure, instruments, and holdings, as well as any restrictions, and documents required during the terms established and the sanctions imposed by that regulation.
Due to the above, the access to any potential tax benefits must be validated by each depositor with their own advisors, and DCV has the exclusive role of presenting in a timely manner the required documentation to the corresponding custodian and authority, accordingly, without being responsible for any tax results applicable by the custodian or the foreign withholding agent.
For more information, please contact us
DCV Service Channels
E-mail |
Phone Number | +56 22 393 9001
Kind regards,
DEPÓSITO CENTRAL DE VALORES S.A.,
DEPÓSITO DE VALORES
