BrokerCreditService (Cyprus) Limited is a Cypriot investment company regulated by the Cyprus Securities and Exchange Commission ("CySEC"), Authorisation #048/04. BrokerCreditService (Cyprus) Limited ("BCS Cyprus" or "the Company") was incorporated in Cyprus on 7 December 2004, Registration Number HE 154856. As of November 2005 the Company is the London Stock Exchange member, Member ID BRCRCY21. Since the Company’s incorporation its main objective was the provision of financial services. More about us...
BrokerCreditService (Cyprus) Limited is a European compliant member of BCS Group of companies. The group carries out a wide spectrum of investment activities for individual and corporate clients. Brokercreditservice Ltd, the leading BCS Group member, has been repeatedly awarded and nominated as one of the best investment companies in Russia.
We, BrokerCreditService (Cyprus) Limited ("BCS"), wish to inform you of the following in respect to the US-sourced income in form of FDAP — fixed and determinable annual or periodical payment (for example wages, dividends, interest, rents, royalties, or the gross proceeds from the sale of US property that is capable of producing US source interest or dividends.):
- In connection with requirements of US tax legislation and US Internal Revenue Service, BCS shall disclose information on its clients making transactions on US trade venues to US Internal Revenue Service.
- A tax rate applied to the state of which BCS’ client is a resident will be applied to US payments mentioned in p. (1) above.
- In case you wish BCS not to disclose information about you to US Internal Revenue Service, please inform us appropriately.
- In case BCS does not disclose information about you to US Internal Revenue Service, a 30% tax rate will be applied to such payments.