Common use of Taxpayer Identification Numbers and Backup Withholding Clause in Contracts

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of dividends. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding. If you fail to provide your TIN, the Credit Union may suspend the opening of your account until a TIN is provided.

Appears in 4 contracts

Samples: Account Agreement, Membership and Account Agreement, Membership and Account Agreement

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Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of dividendsinterest and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholdingwithholding as well as civil or criminal penalties. If you fail to provide your TIN, the The Credit Union may suspend the opening of your account until a an accurate TIN is provided.

Appears in 4 contracts

Samples: Membership Account Agreement, www.onpointcu.com, pdf4pro.com

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of dividends, interest, and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding. If you fail to provide your TIN, the Credit Union may suspend the opening of your account or you may request a non-dividend bearing or interest bearing account until a TIN is provided.

Appears in 2 contracts

Samples: Membership and Account Agreements, Membership and Account Agreement

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of dividendsdividends and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number ("TIN") or meet other applicable requirements may result in backup withholding. If you fail to provide your TIN, the Credit Union may suspend the opening of your account until a TIN is providedprivileges and or close your account.

Appears in 2 contracts

Samples: www.columbiacu.org, www.columbiacu.org

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of dividends, interest, and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding. If you fail to provide your TIN, the Credit Union may suspend the opening of your account until a TIN is providedaccount.

Appears in 2 contracts

Samples: www.tccu.net, Account Agreement

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of dividendsinterest, dividends and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholdingwithholding as well as civil or criminal penalties. If you fail refuse to provide your TIN, the Credit Union may suspend delay the opening of your account until a TIN is providedaccount.

Appears in 1 contract

Samples: Membership and Account Agreement

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Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest, dividends, and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholdingwithholding as well as civil or criminal penalties. If you fail refuse to provide your TIN, the Credit Union may suspend the opening of your account until a TIN is providedaccount.

Appears in 1 contract

Samples: Account Agreement

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of dividendsdividends and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding. If you fail to provide your correct TIN, the Credit Union may suspend the opening of your account until a TIN is providedprivileges and/or close your account.

Appears in 1 contract

Samples: Action Waiver Agreement

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of dividendsdividends and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding. If you fail to provide your TIN, the Credit Union may suspend the opening of your account until a TIN is providedprivileges and/ or close your account.

Appears in 1 contract

Samples: www.columbiacu.org

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