IMPORTANT Message to Karoll Brokerage customers

Dear customers,

Due to a change in “Income Taxes on Natural Persons Act” from 01.01.2015 – all bank accounts are now going to be taxed 8% on interest  including current and savings accounts.

Interest on clients’ brokerage accounts, regarding our cash management product, are also going to be affected. Karoll Brokerage is going to withhold the tax due automatically.

Team of Karoll Brokerage

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