1. Clearing of potential Section 871(m) IRC transactions - General aspects
It is the responsibility of each Clearing Member to adhere to its responsible party obligations to the extent applicable to them.
Eurex Clearing AG is not a responsible party within the meaning of Treasury Regulations § 1.871-15T(p) and hence is not required to provide its Clearing Members with any information regarding the identification of potential Section 871(m) IRC transactions, the applicable delta, dividend equivalent amount or the timing of withholding.
2. Impact of Section 871(m) IRC transactions on Eurex Derivatives Clearing Members
Legal advice regarding Section 871(m) IRC must be tailored to the specific circumstances of each case and the information provided to all Eurex Clearing clients may not be an appropriate fit in an individual case. Nothing contained here should be used as a substitute for the advice of competent legal or tax counsel.
