Börse Frankfurt Zertifikate AG: Specification of the tax exemption for transactions
Release date: 18 Jun 2021
002/2021 Börse Frankfurt Zertifikate AG: Specification of the tax exemption for transactions Open Market Circular 002/21
1. Introduction
With reference to Open Market circular 001/21, this circular specifies these transaction-based fees that will generally be treated as VAT-exempt as of 1 July 2021.
2. Required action
No action on the part of the Participants is required vis-à-vis the Börse Frankfurt Zertifikate AG. However, Participants should assess the dependencies and impact of this change.
3. Details
With effect from 1 July 2021, all exchange and off-exchange transaction-related fees, regulated in Sections 2.2 and 3.2 of the Price List for the Agreement on the Utilization of the Exchange-EDP of Frankfurt Stock Exchange and of the EDP Xontro for Trading in Structured Products will be invoiced without VAT.
Further information