Introduction of the Tax Reporting Fee for the DNB Trade Clients

Please be informed of the introduction of the Tax Reporting Fee for the DNB Trade clients from 1 September 2013. The fee will apply to the DNB Trade clients who have received tax income in the USA and in respect of whom AB DNB Bankas has tax reporting obligations to the Internal Revenue Service of the USA (hereinafter – the IRS) under the regulations established by the IRS.

The Tax Reporting Fee will be charged from 1 January 2014, in relation to the tax reporting for 2013 and any subsequent year.

The Tax Reporting Fee is a fixed of USD 90 per year.