Participating Jurisdiction definition

Participating Jurisdiction means a jurisdiction with which an agreement is in place pursuant to which it will provide the information required on the automatic exchange of financial account information set out in the Common Reporting Standard.

Participating Jurisdiction means a jurisdiction with which an agreement is in place pursuant to which it will provide the information required on the automatic exchange of financial account information set out in the Common Reporting Standard and that is identified in a published list.

Participating Jurisdiction means a jurisdiction whose administrative agency has subscribed to the arrangement and whose adherence thereto has not terminated.

Examples of Participating Jurisdiction in a sentence

• An NFE can be either a Passive NFE or an Active NFE.Passive NFE means any NFE that is not an Active NFEor an Investment Entity that is not a Participating Jurisdiction Financial Institution.TIN (including functional equivalent) means Taxpayer Identification Number or a functional equivalent in the absence of a TIN.

• In such a case, the classification of the Entity ought to be resolved under the law of the Participating Jurisdiction in which the Entity is resident.

• For example, the question may arise whether a particular Entity that is resident in a Participating Jurisdiction and has a Financial Account in another Participating Jurisdiction, meets the definition of “Financial Institution”.

• Determination of CRS Status of Entities‌ The CRS Commentary provides that an Entity’s status as a Financial Institution or Non-Financial Institution Entity (NFE) should be resolved under the laws of the Participating Jurisdiction in which the Entity is resident.

• San Marcos, Texas, the author’s employer received HOME funds as a subrecipient to the State of Texas; it does not qualify as a HOME Participating Jurisdiction as of Summer 2007.Entitlement jurisdictions cannot use the funds to construct new housing by units of local government (USHUD 2007 (1)).

More Definitions of Participating Jurisdiction

Participating Jurisdiction means a jurisdiction with which an agreement is in place pursuant to which it will provide the information set out in the CRS.

Participating Jurisdiction means a jurisdiction outside Hong Kong that is specified in Part 2 of Schedule 17E of the Inland Revenue Ordinance (Cap. 112).

Participating Jurisdiction means a jurisdiction with which an agreement is in place pursuant to which it will provide the information set out in the CRS and that is identified in a published list.

Participating Jurisdiction means a jurisdiction (i) with which an agreement is in place pursuant to which it will provide the information specified in Section I (of the CRS), and (ii) which is identified in a published list. Participating Jurisdiction Financial Institution means (i) any Financial Institution that is resident in a Participating Jurisdiction, but excludes any branch of that Financial Institution that is located outside such Participating Jurisdiction, and (ii) any branch of a Financial Institution that is not resident in a Participating Jurisdiction, if that branch is located in such Participating Jurisdiction.

Participating Jurisdiction. “Participating Jurisdiction” means a jurisdiction (i) with which an agreement is in place pursuant to which there is an obligation in place to provide the information specified in rule 78C, and (ii) which is identified in a published list to be made available on FBR’s web portal.

Participating Jurisdiction means a jurisdiction designated by HUD, as a participating jurisdiction under the HOME Program in accordance with the requirements of 24 CFR 92.105;

Participating Jurisdiction means a jurisdiction with which an intergovernmental or competent authority agreement is in place pursuant to which it will provide the information required on the automatic exchange of financial account information as set out in the CRS.