Common use of Alternative Reporting Regime Certification Procedure Clause in Contracts

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Cayman Islands Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Cayman Islands Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Cayman Islands Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Cayman Islands Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Jersey Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Jersey Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Jersey Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Jersey Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Anguilla Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Anguilla Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Anguilla Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Anguilla Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph Paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Cayman Islands Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Bermuda Financial Institution written verification, confirming the following information: a) the The Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Bermudian Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Bermuda Financial Institution and for and the timescale for exchange reporting shall be as set out in subparagraph paragraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Turks and Caicos Islands Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Turks and Caicos Islands Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Turks and Caicos Islands Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Turks and Caicos Islands Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Isle of Man Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Isle of Man Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Isle of Man Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Isle of Man Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey British Virgin Islands Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey British Virgin Islands Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey British Virgin Islands Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey British Virgin Islands Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Montserrat Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Montserrat Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Montserrat Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Montserrat Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.

Alternative Reporting Regime Certification Procedure. For each Relevant Reporting Period, in order for paragraph D to apply to the United Kingdom Reportable Account, the Specified United Kingdom Person who has made an election under subparagraph B.1.b) must also provide certification to the Reporting Guernsey Gibraltar Financial Institution in accordance with subparagraph C.1. 1. No later than 28 February following the end of the Relevant Tax Year, the Specified United Kingdom Person must provide to the Reporting Guernsey Gibraltar Financial Institution written verification, confirming the following information: a) the Specified United Kingdom Person’s United Kingdom tax return for the Relevant Tax Year (1) contains a claim or statement that the Specified United Kingdom Person is not domiciled anywhere within the United Kingdom; and (2) includes a claim to be taxed under the remittance basis under Part 14 Chapter A1 Income Tax Act 2007 and, if appropriate, the tax chargeable under section 809H Income Tax Act 2007 has been paid, or any such equivalent sections in any successor legislation; b) to the best of their knowledge, the domicile status and claim to be taxed on the remittance basis is not being formally disputed by the United Kingdom’s Competent Authority. 2. The Reporting Guernsey Gibraltar Financial Institution must retain in their records both the election made by the Specified United Kingdom Person and the written verification for each Relevant Reporting Period for a period of 6 years following the end of the Relevant Tax Year. 3. Where the written verification is not provided, or for any reason the certification process cannot be completed, the information to be reported by the Reporting Guernsey Gibraltar Financial Institution and the timescale for exchange shall be as set out in subparagraph F.3. below.