Aggregation of Entity Accounts. For purposes of determining the aggregate balance or value of accounts held by an Entity, a Reporting Swiss Financial Institution shall be required to take into account all accounts held by Entities that are maintained by the Reporting Swiss Financial Institution, or Related Entities, to the extent that the Reporting Swiss Financial Institution’s computerized systems link the accounts by reference to a data element such as client number or taxpayer identification number and allow account balances to be aggregated.
Appears in 5 contracts
Samples: Cooperation Agreement, Cooperation Agreement, Cooperation Agreement
Aggregation of Entity Accounts. For purposes of determining the aggregate aggre- gate balance or value of accounts held by an Entity, a Reporting Swiss Financial Institution shall be required to take into account all accounts held by Entities that are maintained by the Reporting Swiss Financial Institution, or Related Entities, to the extent that the Reporting Swiss Financial Institution’s computerized systems link the accounts by reference to a data element such as client number or taxpayer identification number and allow account balances to be aggregated.
Appears in 1 contract
Samples: Agreement for Cooperation to Facilitate the Implementation of Fatca