Specified Insurance Company definition

Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.Non-Financial Entity or NFE means any Entity that is not a Financial Institution.Non-Participating Jurisdiction means a jurisdiction that is not a Participating Jurisdiction.Non-Reporting Financial Institution means any Financial Institution that is:(a) 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;(b) 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;(c) 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 subparagraphs B(1)(a) and (b), 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 Common Reporting Standard;(d) an Exempt Collective Investment Vehicle; or
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.NFFE means any Non-U.S. Entity that is not a Financial Institution as defined in US FATCA.Non-U.S. Entity means an Entity that is not a U.S. Person.Passive Non-Financial Foreign Entity means any NFFE that is not an Active Non-Financial Foreign Entity.Related Entity An entity is a Related Entity of another entity if either entity controls the other entity, or the two entities are under common control. For this purpose, control includes direct or indirect ownership of more than 50 percent of the vote or value in an entity. Notwithstanding the foregoing, either Party may treat an entity as not a related entity if the two entities are not members of the same affiliated group, as defined in Section 1471(e)(2) of the Code.Specified U.S. Person means a U.S. Person other than:(a) a corporation the stock of which is regularly traded on established securities markets;(b) any corporation that is a member of the same expanded affiliated group;(c) the United States or any wholly owned agency or instrumentality thereof;(d) any State of the United States, any U.S. Territory, any political subdivision or wholly owned agency or instrumentality of any one or more of the foregoing;

Examples of Specified Insurance Company in a sentence

  • Financial Institution means a Custodial Institution, a Depository Institution, an Investment Entity, or a Specified Insurance Company, where: (a) Custodial Institution means any entity that holds, as a substantial portion of its business, financial assets for the account of others.

  • Other Financial Institution, including a Depository Institution, Custodial Institution, or Specified Insurance Company.

  • Specified Insurance Company means any entity that is an insurancecompany (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.

  • The following Entities shall be treated as Non-Reporting Croatian Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, 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.

  • Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.


More Definitions of Specified Insurance Company

Specified Insurance Company means an entity that is an insurance company, or the holding company of an insurance company, that issues or is obligated to make payments with respect to a cash value insurance contract or an annuity contract;
Specified Insurance Company means any insurance company (or the holding company of such insurance company) that issues (or writes) or is obliged to make payments in respect of a Cash Value Insurance Contract or an Annuity Contract.o arrangement:
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to
Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract. Foreign Financial Institution (FFI) means a Financial Institution that is not a U.S Entity.Deemed-Compliant FFIs are those specified in Annex II of the Intergovernmental Agreement between the Republic of Cyprus and the United States.
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract. Non-Financial Entity or NFE means any Entity that is not a Financial Institution. Non-Participating Jurisdiction means a jurisdiction that is not a Participating Jurisdiction. Non-Reporting Financial Institution means any Financial Institution that is: 29 Measures (a) to (b) are not alternative options, but are cascading measures, with each to be used where the previous measure has been applied and has not identified a beneficial owner.
Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract. / “Yasal Düzenlemeye Tabi Sigorta Şirketi”, sigorta şirketi faaliyeti olan (veya bir sigorta şirketinin bağlı olduğu şirketler grubu olan), Nakit Değerli Sigorta Sözleşmeleri veya Sabit Ödemeli Sözleşmeler düzenleyen veya bunlara ilişkin olarak ödeme yapma yükümlülüğü bulunan kuruluşları ifade eder.
Specified Insurance Company means an entity that is an insurance company, or the holding company of an insurance company,