US Tax Withholding in CA Web

As a U.S. tax withholding agent, DTC:

• Provides certain users of the service with access to the U.S. Tax Withholding menu item on the CA Web

• Notifies non-U.S. participants of taxable events

• Informs QI users of the "instruction window" during which they must send withholding rate instructions to the depository; the instruction window generally extends from one day after the record date ("record date +1") to one day before the payable date ("payable date -1")

• Pays U.S. source income to non-U.S. participants on the payable date, net of appropriate withholding tax

• Issues settlement statements that will reflect the gross dividend amount, tax amounts withheld at each designated rate and net dividends paid

• Remits tax funds to the IRS on a quarter-monthly schedule

• Prepares and sends the appropriate year-end 1042-S tax forms to non-U.S. participants

Refer to the CA Web help to learn how to:

View U.S. Tax Withholding Events: https://dtcclearning.com/helpfiles/as/ca_web/Content/Topics/ca_web/us_tax_info/ustax_viewing.htm

and see also,

U.S. Tax Tab on Corporate Actions Web user guide: https://dtcclearning.com/documents/asset-services-1/global-tax-services-1/3050-u-s-tax-tab-on-corporate-actions-web.html

and

1042-S Classifications Tax Event Announcements user guide: https://dtcclearning.com/documents/asset-services-1/global-tax-services-1/4180-1042-s-classifications-tax-event-announcements-user-guide.html