• Adoption of New CME Rule 990 - U.S. Withholding Tax

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 17-003
      • Notice Date
      • 06 January 2017
      • Effective Date
      • 03 January 2017
    • New Rule 990 is designed to ensure that the Exchanges are not liable for U.S. withholding tax with respect to certain transactions entered into by the Exchanges’ clearing members that are treated as non-U.S. persons for purposes of U.S. federal income tax law.

      For the full text of this advisory, please click here.