Payees Exempt from Backup Withholding. Payees specifically exempted from backup withholding on ALL payments include the following: • An organization exempt from tax under section 501(a), or an XXX, or a custodial account under section 403(b)(7) if the account satisfies the requirements of section 401(f)(2). • The United States or any agency or instrumentality thereof. • A state, the District of Columbia, a possession of the United States, or any subdivision or instrumentality thereof. • A foreign government, a political subdivision of a foreign government, or any agency or instrumentality thereof. • An international organization or any agency or instrumentality thereof. Payees that may be exempt from backup withholding include: • A financial institution. • A corporation. •
Payees Exempt from Backup Withholding. Backup withholding is not required on any payments made to the following payees: · An organization exempt from tax under Section 501(a), an individual retirement account (“XXX”), or a custodial account under Section 403(b)(7) if the account satisfies the requirements of Section 401(f)(2). · The United States or any of its agencies or instrumentalities. · A state, the District of Columbia, a possession of the United States, or any of their political subdivisions or instrumentalities. · A foreign government or any of its political subdivisions, agencies or instrumentalities. · An international organization or any of its agencies or instrumentalities. Other payees that may be exempt from backup withholding include: · A corporation. · A foreign central bank of issue. · A dealer in securities or commodities required to register in the United States, the District of Columbia, or a possession of the United States. · A futures commission merchant registered with the Commodity Futures Trading Commission. · A real estate investment trust. · An entity registered at all times during the tax year under the Investment Company Act of 1940. · A common trust fund operated by a bank under Section 584(a). · A financial institution. · A middleman known in the investment community as a nominee or custodian. · A trust exempt from tax under Section 664 or described in Section 4947. Exempt payees should complete a Substitute Form W-9 to avoid possible erroneous backup withholding. Check the “Exempt TIN” box in Part 4 of the attached Substitute Form W-9, sign and date the form and return it to the payer. Foreign payees who are not subject to backup withholding should complete an appropriate Form W-8 and return it to the payer.
Payees Exempt from Backup Withholding. Even if the payee does not provide a TIN in the manner required, you are not required to backup withhold on any payments you make if the payee is:
Payees Exempt from Backup Withholding. The following is a list of payees exempt from backup withholding and for which no information reporting is required. For interest and dividends, all listed payees are exempt except item (9). For broker transactions, payees listed in (1) through (13) and a person registered under the Investment Advisers Act of 1940 who regularly acts as a broker are exempt. Payments subject to reporting under sections 6041 and 6041A are generally exempt from backup withholding only if made to payees described in items (1) through (7), except that a corporation that provides medical and health care services or bills and collects payments for such services is not exempt from backup withholding or information reporting. Only payees described in items (2) through (6) are exempt from backup withholding for barter exchange transactions, patronage dividends, and payments by certain fishing boat operators.
Payees Exempt from Backup Withholding. Payees specifically exempted from backup withholding include:
Payees Exempt from Backup Withholding. The following payees are exempt from backup withholding with respect to the payments below, and should enter the corresponding exempt payee code on the Substitute Form W-9.
Payees Exempt from Backup Withholding. Payees specifically exempted from backup withholding on ALL payments include the following: • An organization exempt from tax under section 501(a), or an individual retirement plan. • The United States, or any subdivision or instrumentality thereof. • A State, the District of Columbia, a possession of the United States, or any subdivision or instrumentality thereof. • A foreign government, a political subdivision of a foreign government, or agency or instrumentality thereof. • An international organization or any agency, or instrumentality thereof. Other payees that MAY BE exempt from backup withholding include: • A corporation. • A financial institution. • A futures commission merchant registered with the Commodity Futures Trading Commission. • A middleman known in the investment community as a nominee or custodian. • A registered dealer in securities or commodities registered in the U.S. or a possession of the U.S. • A real estate investment trust. • A common trust fund operated by a bank under section 584(a). • An exempt charitable remainder trust or a non-exempt trust described in section 4947(a)(1). • An entity registered at all times under the Investment Company Act of 1940. • A foreign central bank of issue. Exempt payees described above should file Form W-9 to avoid possible erroneous backup withholding. FILE THIS FORM WITH THE PAYER, FURNISH YOUR TIN, WRITE “EXEMPT” ON THE FACE OF THE FORM, AND RETURN IT TO THE PAYER. IF THE PAYMENTS ARE INTEREST, DIVIDENDS, OR PATRONAGE DIVIDENDS, ALSO SIGN AND DATE THE FORM. Certain payments other than interest, dividends, and patronage dividends that are not subject to information reporting are also not subject to backup withholding. For details, see the Treasury regulations under sections 6041, 6041A(a), 6045 and 6050A. (All “section” references herein are to the Internal Revenue Code of 1986, as amended.)
Payees Exempt from Backup Withholding. The following is a list of payees exempt from backup withholding and for which no information reporting is required. For interest and dividends, all listed payees are exempt except item (9). For broker transactions, payees listed in (1) through (13) are exempt. A person registered under the Investment Advisers Act of 1940 who regularly acts as a broker is also exempt. Payments subject to reporting under sections 6041 and 6041A are generally exempt from backup withholding only if made to payees described in items (1) through (7), except that the following payments made to a corporation and reportable on Form 1099-MISC are not exempt from backup withholding or information reporting: medical and health care payments, attorneys’ fees and payments for services paid by a federal executive agency. Only payees described in items (2) through (6) are exempt from backup withholding for barter exchange transactions and patronage dividends.
Payees Exempt from Backup Withholding. Backup withholding is not required on any payments made to the following payees: · An organization exempt from tax under section 501(a), any XXX, or a custodial account under section 403(b)(7) if the account satisfies the requirements of section 401(f)(2). · The United States or any of its agencies or instrumentalities. · A state, the District of Columbia, a possession of the United States, or any of their political subdivisions or instrumentalities. · A foreign government or any of its political subdivisions, agencies, or instrumentalities. · An international organization or any of its agencies or instrumentalities. Other payees that may be exempt from backup withholding include: · A corporation. · A foreign central bank of issue. · A dealer in securities or commodities required to register in the United States, the District of Columbia, or a possession of the United States. · A futures commission merchant registered with the Commodity Futures Trading Commission. · A real estate investment trust. · An entity registered at all times during the tax year under the Investment Company Act of 1940. · A common trust fund operated by a bank under section 584(a). · A financial institution. · A middleman known in the investment community as a nominee or custodian. · A trust exempt from tax under section 664 or described in section 4947.
Payees Exempt from Backup Withholding. Payees specifically exempted from backup withholding on ALL payments include the following: • A corporation. • A financial institution. • An organization exempt from tax under section 501(a), or an individual retirement plan. • The United States or any agency or instrumentality thereof. • A State, the District of Columbia, a possession of the United States, or any subdivision or instrumentality thereof. • A foreign government, a political subdivision of a foreign government, or any agency or instrumentality thereof. • An international organization or any agency, or instrumentality thereof. • A registered dealer in securities or commodities registered in the U.S. or a possession of the U.S. • A real estate investment trust. • A common trust fund operated by a bank under section 584(a). • An exempt charitable remainder trust, or a non-exempt trust described in section 4947(a)(1). • An entity registered at all times under the Investment Company Act of 1940. • A foreign central bank of issue. Payments of dividends and patronage dividends not generally subject to backup withholding include the following: • Payments to nonresident aliens subject to withholding under section 1441. • Payments to partnerships not engaged in a trade or business in the U.S. and which have at least one nonresident partner. • Payments of patronage dividends where the amount received is not paid in money. • Payments made by certain foreign organizations. • Payments made to a nominee. Payments of interest not generally subject to backup withholding include the following: • Payments of interest on obligations issued by individuals. Note: You may be subject to backup withholding if this interest is $600 or more and is paid in the course of the payer’s trade or business and you have not provided your correct taxpayer identification number to the payer. • Payments of tax-exempt interest (including exempt-interest dividends under section 852). • Payments described in section 6049(b)(5) to nonresident aliens. • Payments on tax-free covenant bonds under section 1451. • Payments made by certain foreign organizations. • Payments made to a nominee. Exempt payees described above should file Substitute Form W-9 to avoid possible erroneous backup withholding. FILE THIS FORM WITH THE PAYING AGENT, FURNISH YOUR TAXPAYER IDENTIFICATION NUMBER, WRITE “EXEMPT” ON THE FACE OF THE FORM, AND RETURN IT TO THE PAYER. IF THE PAYMENTS ARE INTEREST, DIVIDENDS OR PATRONAGE DIVIDENDS, ALSO SIGN AND DATE THE FORM. C...
