Almost all bond issues issued in Proxente have earnings set for February dates. Therefore, the beginning of the year has traditionally become a period when we are meeting with our clients and we are evaluating with them the results of our last year’s cooperation. Brokers and clients go through annual statements, clients give orders to pay out their funds, or increase their investment with us and make purchases. According to the valid PROXENTA Finance Prize, the purchase made from revenue (reinvestment of revenues) is exempt from fees. Clients receive revenue cleared at 19% withholding tax, so they have no further tax obligations. Exceptions are those issued in the Czech Republic where the proceeds are paid out gross.
After a year, we again pay bond yelds to our clients
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