Non-Reporting Financial Institution definition

Non-Reporting Financial Institution means any Financial Institution that is:

Non-Reporting Financial Institution means any Financial Institution that’s:

Non-Reporting Financial Institution means any Financial Institution that is:a Governmental Entity, International Organisation or Central Bank, 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;a Broad Participation Retirement Fund; a Narrow Participation Retirement Fund; a Pension Fund of a Governmental Entity, International Organisation or Central Bank; or a Qualified Credit Card Issuer;any other Entity that presents a low risk of being used to evade tax, has substantially similar characteristics to any of the Entities described in a) and b) above, and is defined in domestic law as a Non-Reporting Financial Institution, provided that the status of such Entity as a Non-Reporting Financial Institution does not frustrate the purposes of the CRS;an Exempt Collective Investment Vehicle; ora trust to the extent that the trustee of the trust is a Reporting Financial Institution and reports all information required to be reported with respect to all Reportable Accounts of the trust.

Examples of Non-Reporting Financial Institution in a sentence

• The term “Reporting Financial Institution” means any Participating Jurisdiction Financial Institution that is not a Non-Reporting Financial Institution.

• Under the terms of the CRS Law, the Company intends to be treated as a Luxembourg Non-Reporting Financial Institution under the category of Exempt Collective Investment Vehicle and should thus be exempt from reporting obligations to the Luxembourg tax authorities.

• Member States shall ensure that those types of Non-Reporting Financial Institutions and Excluded Accounts satisfy all the requirements listed in subparagraphs B.1(c) and C.17(g) of Section VIII of Annex I, and in particular that the status of a Financial Institution as a Non-Reporting Financial Institution or the status of an account as an Excluded Account does not frustrate the purposes of this Directive.

• The term ‘Reporting Financial Institution’ means any Member State Financial Institution that is not a Non-Reporting Financial Institution.

• Please Specify: Non-Reporting Financial Institution: Specify the type of Non-Reporting Financial Institution below.

More Definitions of Non-Reporting Financial Institution

Non-Reporting Financial Institution. Means any Financial Institution that is:

Non-Reporting Financial Institution means any Financial Institution, or other Entity resident in the United Kingdom or Jersey that is described in Annex II for the United Kingdom or Annex III for Jersey as a Non- Reporting Financial Institution, other than a Sponsored Investment Entity or a Sponsored Closely Held Investment Vehicle where the sponsoring entity has failed to comply with the obligations contained in subparagraph B.2. or C.5. of section III of Annex III.

Non-Reporting Financial Institution means any financial institution that is,-

Non-Reporting Financial Institution means any Financial Institution in the Islands, or other Entity organised under the Laws of the Islands, that is described in Annex II as a Non-Reporting Financial Institution or that otherwise qualifies as a deemed compliant foreign Financial Institution or an exempt beneficial owner under relevant United States Treasury Regulations in effect on the date of signature of the Agreement;

Non-Reporting Financial Institution means any financial institution that is—

Non-Reporting Financial Institution means a financial institution or other entity Schedule 2 No. 4 Tax Information Exchange Agreements 2017 23 (United States of America) resident in Trinidad and Tobago, that is described in Schedule 2 as a non-reporting financial institution or that otherwise qualifies as a deemed compliant foreign financial institution or an exempted beneficial owner under relevant Regulations of the United State of America Treasury in effect on the date of signature of the IGA;

Non-Reporting Financial Institution means any Financial Institution, or other Entity resident in Gibraltar, that is described in Annex II to the Agreement as a Non-Reporting Financial Institution or that otherwise qualifies as a deemed-compliant FFI or an exempt beneficial owner under relevant U.S. Treasury Regulations;