Where is the company incorporated?
TE Connectivity is incorporated in Ireland.
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What is TE Connectivity plc's fiscal year?
TE Connectivity plc fiscal year is October to September
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How is TE Connectivity plc's stock traded?
TE Connectivity plc common stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol “TEL”
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Whom do I contact with questions about my stock? How do I transfer stock, change the address on my shareholder account, or report a lost stock certificate?
Following TE Connectivity’s domicile move to Ireland, EQ is no longer able to facilitate the direct sale of shares. Shareholders who hold their shares directly can contact EQ to transfer their shares to a brokerage account of their choice. This process requires a medallion guarantee, the necessary Irish Stamp authentication and appropriate transfer documentation between the transferring shareholder and EQ. In addition, your broker will need to initiate a Deposit/Withdrawal at Custodian (DWAC) for EQ to transfer your shares to your broker. You should discuss with your broker to ensure that they will be able to initiate and accept a transfer of shares via DWAC. DWAC is a service provided by the Depository Trust Company (DTC) that allows for the electronic deposit or withdrawal of shares to and from the DTC. This service uses the Fast Automated Securities Transfer Program (FAST). Shareholders, especially those located outside the U.S., should ensure that their chosen broker is familiar with and able to process the above requirements prior to initiating the share transfer. Once the transfer is complete, shareholders will no longer hold shares in their own name but instead through their chosen brokerage account. For more information or assistance on sale, transfer or other issues please contact EQ directly.
EQ Shareowner Services
P.O. Box 64874
St Paul, MN 55164-0874
Phone: 866-258-4745 Toll-Free
Outside the US: 651-450-4064
Website: www.shareowneronline.com
Email: See "Contact Us" link at www.shareowneronline.com
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Are TE Connectivity plc dividend payments US sourced or non US sourced? Is there a requirement for stockholders to complete a W-8BEN form in order to receive an exemption on US tax?
For details on the tax consequences of TEL’s change of jurisdiction to an Irish company, please refer to the TEL’s 2024 Special General Meeting Proxy Statement/Prospectus. Further, TEL recommends that shareholders consult their own tax advisors regarding the applicable tax consequences of owning TEL shares and receiving distributions from TEL.
Consult Your Tax Advisor
The information in this document represents our understanding of the U.S. federal income tax laws and regulations and does not constitute tax advice. It does not purport to be complete or to describe the consequences that may apply to particular categories of shareholders. Each shareholder is urged to consult his, her, or its tax advisor as to the specific tax consequences of the distribution to such shareholder, including the effect of any state, local, or non-U.S. tax laws, and of changes in applicable tax laws.
To comply with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained herein (including any attachments), unless specifically stated otherwise, is not intended or written to be used, and cannot be used, for the purposes of (i) avoiding penalties under the Code or (ii) promoting, marketing, or recommending to another party any transaction or matter herein.
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What is the U.S. federal income tax treatment of any distributions made by TE Connectivity plc?
For the information of U.S. shareholders, the U.S. federal income tax treatment of any distribution by TE Connectivity plc as a “dividend” depends on the application of U.S. federal income tax law. Although a determination cannot be made in advance, it is anticipated that distributions made by TE Connectivity plc will constitute “dividends” for U.S. federal income tax purposes, and that they will be reported as such to the company's shareholders and to the IRS, in accordance with, and as required by, U.S. federal income tax laws.
TE Connectivity plc is a “qualified foreign corporation” for U.S. federal income tax purposes. Therefore, its dividends generally are eligible for “qualified dividend” treatment. Whether dividends paid by TE Connectivity plc in fact will constitute “qualified dividends” to any shareholder will depend on that shareholder’s specific circumstances, including the shareholder’s holding period for the TE Connectivity plc shares on which such dividends are received. (Qualified dividends are subject to the same maximum tax rates that apply to net capital gain – currently 0%, 15% and 20%. An additional 3.8% net investment income tax may also apply to shareholders with income above certain thresholds. In order to qualify for the capital gains rates, a shareholder must own the shares on which such dividends are received for more than 60 days during the 121-day period beginning 60 days before the ex-dividend date.) U.S. shareholders are advised to consult their own tax advisors concerning the treatment of dividends paid by TE Connectivity plc as “qualified dividends” in their particular circumstances.
To comply with requirements imposed by the IRS, we inform you that any U.S. federal tax advice contained herein, unless specifically stated otherwise, is not intended or written to be used, and cannot be used, for the purposes of (i) avoiding penalties under the Internal Revenue Code of 1986, as amended, or (ii) promoting, marketing, or recommending to another party any transaction or matter herein.
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Will I be subject to Irish Dividend Withholding Tax on TEL dividends?
Dividend Withholding Tax Information
TE Connectivity plc (“TE”) has established tax residence in Ireland, and as such, dividends are considered Irish source income and Irish dividend withholding tax (“DWT") rules apply. Dividend payments are subject to an Irish withholding tax (currently at a rate of 25%) of the amount of each dividend unless one of a number of exemptions apply including where a shareholder who is beneficially entitled to the dividend is (i) a tax resident of the United States; or (ii) a tax resident of a country listed as a “relevant territory” (and, in the case of a corporate shareholder, is not under the direct or indirect control of a person or persons who is or are resident in Ireland), and, in either case has ensured that the required information and/or documentation is on file with their broker, bank, other intermediary or, if shares are held in registered form, TE’s transfer agent (see below for more detail) and the broker, bank or other intermediary participates in the DWT exemption process. With these rules, we believe that the majority of TE’s shareholders who are beneficial owners of their TE shares should be entitled to an exemption from DWT. The full list of relevant territories can be found in Appendix A below. Shareholders who beneficially own their TE shares and are not residents of a relevant territory may be subject to DWT. If you are not a tax resident of a relevant territory, you should consult your tax advisor.
Beneficial U.S. Resident Shareholder DWT Exemption Requirements
U.S. resident shareholders that are beneficial owners of TE shares held via the Depository Trust Company (“DTC”) through a bank, broker or other intermediary, must have a valid U.S. address on the records of their bank, broker or other intermediary on the record date of the dividend to be exempt from DWT and their broker, bank or other intermediary must participate in the DWT exemption process. You should inquire with your bank, broker or other intermediary for their specific requirements to receive a DWT exemption.
Beneficial non-U.S. Resident Shareholder DWT Exemption Requirements
If you are a shareholder who beneficially owns your TE shares via DTC through a bank, broker or other intermediary and are resident in a relevant territory, other than the U.S., you will need to file a valid Irish Non-Resident Form V2 with your broker, bank, other intermediary by the dividend record date for the dividend to be exempt from DWT, provided that your broker, bank or qualified intermediary participates in the DWT exemption process. Please note that, unless you are a company, the form must be certified by the tax authority of the country in which you are a tax resident. You should inquire with your bank, broker or other intermediary for their specific requirements to receive a DWT exemption.
Registered Shareholders DWT Exemption Requirements
U.S. and non-U.S. resident shareholders that are resident in a relevant territory, with shares registered directly with TE’s transfer agent, EQ Shareowner Services (“EQ”), will be required to have an IRS Form W-9 on file with EQ and also will be required to file a valid Irish Non-Resident Form V2 with Globe Tax Services Inc. through the Globetax eCerts process by the dividend record date to be exempt from DWT. Unless the shareholder is a company, the Irish Non-Resident Form V2 will need to be certified by the tax authority of the country in which the shareholder is resident or, in the case of U.S. resident shareholders, accompanied by a U.S. Certification of Residence (Form 6166).
To secure the Globetax eCerts service and receive Irish DWT exemption, registered shareholders should visit the Globetax eCerts website (https://ecerts.globetax.com) and enter Access Code TECRSH to begin. Shareholders are encouraged to review the Globetax fees charged for this service versus the benefits to be obtained.
Investors should not view this FAQ as a substitute for a knowledgeable tax advisor, and we advise that you seek their guidance in these often-complex tax situations. The information provided here does not purport to be complete or to describe the consequences that may apply to particular categories of shareholders. Each shareholder is urged to consult his, her, or its tax advisor as to the specific tax consequences of the distribution to such shareholder, including the effect of any state, local, or non-U.S. tax laws, and of changes in applicable tax laws.
Appendix A
LIST OF RELEVANT TERRITORIES FOR THE PURPOSES OF
IRISH DIVIDEND WITHHOLDING TAX (AS OF MARCH 2025)
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Albania
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Finland
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Malaysia
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Slovenia
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Armenia
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France
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Malta
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South Africa
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Australia
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Georgia
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Mexico
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Spain
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Austria
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Germany
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Moldova
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Sweden
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Bahrain
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Ghana
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Montenegro
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Switzerland
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Belarus
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Greece
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Morocco
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Thailand
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Belgium
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Hong Kong
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Netherlands
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The Republic Of Turkey
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Bosnia & Herzegovina
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Hungary
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New Zealand
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Ukraine
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Botswana
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Iceland
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Norway
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United Arab Emirates
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Bulgaria
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India
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Oman
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United Kingdom
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Canada
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Israel
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Pakistan
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United States
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Chile
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Italy
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Panama
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Uzbekistan
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China
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Japan
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Poland
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Vietnam
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Croatia
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Kazakhstan
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Portugal
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Zambia
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Cyprus
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Kenya
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Qatar
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Czech Republic
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Korea
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Romania
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Denmark
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Kuwait
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Russia
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Egypt
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Kosovo
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Saudi Arabia
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Estonia
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Latvia
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Serbia
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Ethiopia
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Liechtenstein
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Singapore
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Lithuania
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Slovak Republic
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Luxembourg
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Macedonia
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