FIRPTA Certification definition
Examples of FIRPTA Certification in a sentence
If FIRPTA does not apply (i.e. seller is not a foreign person), then Seller shall, upon Buyer’s request, complete, sign, and deliver to 269 Buyer a FIRPTA Certification of Non Foreign Status (“the Certificate”) prior to Closing.
Each tendering Holder that is a U.S. Holder (as defined in the Offer to Purchase) is required to provide the Depositary with a completed FIRPTA Certification of Non-Foreign Status, which is included in this Letter of Transmittal.
The purpose of the FIRPTA Certification of Non-Foreign Status is to allow U.S. Holders to certify that they are not foreign persons so that the 10% FIRPTA withholding tax will not be imposed on the proceeds from their tendered Convertible Notes.