U.S. Reportable Account definition

U.S. Reportable Account means a Financial Account maintained by a Reporting [FATCA Partner] Financial Institution and held by one or more Specified U.S. Persons or by a Non-U.S. Entity with one or more Controlling Persons that is a Specified U.S. Person. Notwithstanding the foregoing, an account shall not be treated as a U.S. Reportable Account if such account is not identified as a U.S. Reportable Account after application of the due diligence procedures in Annex I.

U.S. Reportable Account means a Financial Account maintained by a Reporting Cyprus Financial Institution and held by one or more Specified U.S. Persons or by a Non-U.S. Entity with one or more Controlling Persons that is a Specified U.S. Person. Notwithstanding the foregoing, an account shall not be treated as a U.S. Reportable Account if such account is not identified as a U.S.

U.S. Reportable Account means a Financial Account held by a US Reportable Person;

Examples of U.S. Reportable Account in a sentence

• If based on this review such account is identified as a U.S. Reportable Account on or before December 31, 2014, the Reporting Indian Financial Institution must report the required information about such account with respect to 2014 in the first report on the account and on an annual basis thereafter.

• In the case of an account identified as a U.S. Reportable Account after December 31, 2014 and on or before June 30, 2015, the Reporting Indian Financial Institution is not required to report information about such account with respect to 2014, but must report information about the account on an annual basis thereafter.

• If any such person is a U.S. citizen or resident, the Reporting Indian Financial Institution must treat the account as a U.S. Reportable Account.

• For all other New Accounts, Reporting Indian Financial Institutions must apply the due diligence procedures described in section III or section V of this Annex I, as applicable, to determine if the account is a U.S. Reportable Account or an account held by a Nonparticipating Financial Institution.

• In addition to the electronic and paper record searches described above, the Reporting Indian Financial Institution must treat as a U.S. Reportable Account any High Value Account assigned to a relationship manager (including any Financial Accounts aggregated with such High Value Account) if the relationship manager has actual knowledge that the Account Holder is a Specified U.S. Person.

More Definitions of U.S. Reportable Account

U.S. Reportable Account means a Financial Account maintained by a Reporting Grenada Financial Institution and held by one or more Specified U.S. Persons or by a Non-U.S. Entity with one or more Controlling Persons that is a Specified U.S. Person. Notwithstanding the foregoing, an account shall not be treated as a U.S. Reportable Account if such account is not identified as a U.S. Reportable Account after application of the due diligence procedures in Annex I.

U.S. Reportable Account means a Financial Account held by a U.S. Reportable Person;

U.S. Reportable Account means a Financial Account held by a U.S.

U.S. Reportable Account means a financial account maintained by a reporting financial institution and, pursuant to the due diligence procedures provided in rule 114H, is identified to be held by one or more specified U.S. persons or by an entity not based in the United States of America with one or more controlling persons which is a specified

U.S. Reportable Account means a Financial Account held by a US Reportable Person; “US Reportable Person” has the meaning provided in Schedule VII herein; “Valuation Point” means for each Fund, the time set out in the relevant Supplement;

U.S. Reportable Account means a Financial Account maintained by a Reporting Trinidad and Tobago Financial Institution and held by one or more Specified US Persons or by a Non-US Entity with one or more Controlling Persons that is a Specified US Person. Notwithstanding the foregoing, an account shall not be treated as a US Reportable Account if such account is not identified as a US Reportable Account after application of the due diligence procedures in Schedule 4 of TIEAA;

U.S. Reportable Account generally means an account maintained by an FFI on behalf of one or more Specified U.S. Persons or U.S. Owned Foreign Entities, or an equity or debt interest in an FFI held by one or more Specified U.S. Persons or U.S. Owned Foreign Entities.