New Entity Accounts. The following rules and procedures apply for purposes of identifying U.S. Reportable Accounts and accounts held by Nonparticipating Financial Institutions among Financial Accounts held by Entities and opened on or after July 1, 2014 (“New Entity Accounts”).
New Entity Accounts. The following rules and procedures apply to accounts held by entities and opened on or after January 1, 2014 (“New Entity Accounts”).
New Entity Accounts. The following rules and procedures apply to accounts held by entities and opened on or after January 1, 2014 (“New Entity Accounts”). The Reporting [FATCA Partner] Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a [FATCA Partner] Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, an exempt beneficial owner, or an excepted FFI, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE. A Reporting [FATCA Partner] Financial Institution may determine that an Account Holder is an Active NFFE, a [FATCA Partner] Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting [FATCA Partner] Financial Institution reasonably determines that the entity has such status on the basis of information that is publicly available or in the possession of the Reporting [FATCA Partner] Financial Institution. In all other cases, a Reporting [FATCA Partner] Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. If the Entity Account Holder is a Specified U.S. Person, the Reporting [FATCA Partner] Financial Institution must treat the account as a U.S. Reportable Account.
New Entity Accounts. The following rules and procedures apply to acco- unts held by entities and opened on or after January 1, 2014 (“New Entity Accounts”).
New Entity Accounts. The following rules and procedures apply for purposes of identifying AIT Accounts and accounts held by Nonparticipating Financial Institutions among Financial Accounts held by Entities and opened on or after July 1, 2014 (“New Entity Accounts”).
