Common use of Exempt Beneficial Owners other than Funds Clause in Contracts

Exempt Beneficial Owners other than Funds. The following Entities shall be treated as Non-Reporting The Bahamas Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

Appears in 3 contracts

Samples: Agreement, www.bacobahamas.com, www.taxreporting.finance.gov.bs

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Exempt Beneficial Owners other than Funds. The following Entities shall be are treated as Non-Reporting The Bahamas Cayman Islands Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

Appears in 2 contracts

Samples: www.ditc.ky, haydonperryman.files.wordpress.com

Exempt Beneficial Owners other than Funds. The following Entities shall be treated as Non-Reporting The Bahamas Turks and Caicos Islands Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

Appears in 1 contract

Samples: www.treasury.gov

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Exempt Beneficial Owners other than Funds. The following Entities shall be treated as Non-Reporting The Bahamas Bermuda Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.

Appears in 1 contract

Samples: home.treasury.gov

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