US IGA definition

US IGA means the intergovernmental agreement to improve international tax compliance and the exchange of information between the Cayman Islands and the United States.
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US IGA means the intergovernmental agreement between the United States and the Cayman Islands to improve international tax compliance and the exchange of information;
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Examples of US IGA in a sentence

  • The United States and Ireland have entered into a "Model 1" intergovernmental agreement with respect to FATCA (the "US IGA").

  • The US IGA modifies the foregoing requirements but generally requires similar information to be disclosed to the Irish government and ultimately to the IRS.

  • The Company and each Portfolio intends to comply with any obligations imposed on it under FATCA and the US IGA to avoid the imposition on it of any withholding tax under FATCA, but there can be no assurances that it will be successful in this regard.

  • The Company and each Portfolio intends to comply with any obligations imposed on it under FATCA and the US IGA to avoid the imposition on it of any withholding tax under FATCA, b ut there can be no assurances that it will be successful in this regard.

  • The US IGA modifies the foregoing requirements b ut generally requires similar information to be disclosed to the Irish government and ultimately to the IRS.

  • The Cayman Issuer will be required to comply with the Cayman Islands Tax Information Authority Law (2017 Revision) (as amended) together with regulations and guidance notes made pursuant to such Law that give effect to the US IGA.

  • The Cayman Islands have entered into a Model 1 intergovernmental agreement (the "US IGA") with the United States.

  • Pursuant to the USIGA, the Cayman Islands government has implemented the Tax Information Authority (International Tax Compliance) (United States of America) Regulations, 2014 pursuant to the Tax Information Authority Law (as revised) (the “Cayman Regulations”) to give local effect to the US IGA and FATCA and gradually phase in the information that must be disclosed by the Fund pursuant to FATCA.

  • As such, the Cayman Issuer has registered with the IRS and obtained a Global Intermediary Identification Number and must report to the Cayman Islands Tax Information Authority any payments made to Specified US Persons with respect to US Reportable Accounts (each such term as defined in the US IGA).

  • Under the terms of the US IGA, withholding will not be imposed on payments made to the Cayman Issuer unless the IRS has specifically listed the Cayman Issuer as a non-participating financial institution, or on payments made by the Cayman Issuer to the Noteholders unless the Cayman Issuer has otherwise assumed responsibility for withholding under United States tax law.