To be exempted from capital yield tax suppliers of leveraged products provide information to OeKB.
Procedure
OeKB acts as the notification office under the Austrian Capital Market Act. On the occasion of making notifications, suppliers of leveraged products also announce the underlying initial investment (as stated in the decree of the Federal Ministry of Finance of 2 January 2006, GZ 010203/0662-VI/6/2005, Rz 6197b iVm Rz 7757a) and provide OeKB with the effective issuing terms.
Issues reported on the basis of the decree of the Federal Ministry of Finance are published at Profitweb. On demand of a coupon paying department the issuing terms deposited by the issuer will be provided by OeKB. Data can be forwarded via word or excel-file.
Deadline for the delivery of data to the notification office
Austrian issuers
Information must be received by 3 p.m. on the first day of the offer period via e-mail at securitiesdata@oekb.at.
Foreign issuers:
Information including offer terms must be received by 3 p.m. at the latest via e-mail at securitiesdata@oekb.at on the first day offering of the product on the Austrian market.
Information is considered as delivered on a working day when the information has been received on the server of the notification office at 3 p.m. at the latest. Working days of the notification office are all bank working days except for Good Friday.
New regulations from 1 April 2012
Due to legislative changes from 1 April 2012 on, OeKB will not collect messages as stated in the decree of the Federal Ministry of Finance of 2 January 2006, GZ 010203/0662-VI/6/2005, Rz 6197b iVm Rz 7757a anymore. From this point on lever notifications are not processed any longer.
The list of Leveraged Products exempt from Capital Yields Tax (notifications until 31 March 2012) is still available under www.profitweb.at.