Account Reporting Notification. If the Participant holds securities (e.g., Shares) or maintains a foreign bank account, this must be reported to the French tax authorities when filing his or her annual tax return, whether such accounts are open, current or closed. Failure to comply could trigger significant penalties. The Participant should consult with his or her personal tax advisor to ensure compliance with applicable reporting obligations.
Appears in 5 contracts
Samples: Performance Unit Award Agreement (First Solar, Inc.), Performance Unit Award Agreement (First Solar, Inc.), Restricted Stock Unit Award Agreement (First Solar, Inc.)
Account Reporting Notification. If the Participant holds securities (e.g., the Shares) or maintains a foreign bank account, this must be reported to the French tax authorities when filing his or her annual tax return, whether such accounts are open, current or closed. Failure to comply could trigger significant penalties. The Participant should consult with his or her personal tax advisor to ensure compliance with applicable reporting obligations.
Appears in 3 contracts
Samples: Share Award Agreement (First Solar, Inc.), Share Award Agreement (First Solar, Inc.), Share Award Agreement (First Solar, Inc.)