Examples of SFTA in a sentence
At the same time, the United States and Switzerland entered into a separate but related agreement (Swiss-US Government Agreement), providing that the Swiss Federal Tax Administration (SFTA) process a request for administrative assistance under the Swiss-US Double Taxation Treaty related to an estimated number of approximately 4,450 accounts held by US taxpayers.
Additional pro- visions implementing certain aspects of the SFTA and the Act are contained in parts 24, 162, and 163 of this chapter.
By agreeing to the General Terms and Conditions, the Client hereby acknowledges that such information may be reported to the SFTA, provided that the Bank, in its sole discretion, determines that such information must be reported pursuant to the AEOI Regulations.
For example, the SFTA application for a vehicle will be different from the fire department application for a vehicle.
This subpart implements the duty preference and related customs provi- sions applicable to imported goods under the United States-Singapore Free Trade Agreement (the SFTA) signed on May 6, 2003, and under the United States-Singapore Free Trade Agreement Implementation Act (the Act; 117 Stat.
Packaging materials and containers in which a good is packaged for retail sale, if classified with the good for which preferential treatment under the SFTA is claimed, will be disregarded in determining whether all non-origi- nating materials used in the produc- tion of the good undergo the applicable change in tariff classification set out in General Note 25(o), HTSUS.
The Client understands that the SFTA may then pass on such information to the tax authorities of each Reporting Jurisdiction for which the Client is regarded, pursuant to the AEOI Regulations, as a resident for tax purposes, but only to the extent that there is an agreement in place for the exchange of tax information between Switzerland and the other Reporting Jurisdiction(s).
An importer may make a claim for SFTA preferential tariff treatment, including an exemption from the merchandise processing fee, based on the importer’s knowledge or information in the importer’s posses- sion that the good qualifies as an origi- nating good.
The Client understands that the Bank may be required to report certain Client information and, where relevant, information on the entity’s controlling persons (including, but not limited to, name, address and date of birth) as well as certain Client’s Account(s) information (including, but not limited to, balance, interest, dividends and sales proceeds from financial assets) to the SFTA.
Under the current rules in the SFTA, the subject yarn and the fabric made from it must be formed in the United States or Singapore in order for the apparel to be considered “originating” and, thus, qualify for SFTA preferences.