Currency Translation Rule. For purposes of determining the balance or value of accounts denominated in a currency other than the U.S. dollar, a Reporting Irish Financial Institution must convert the dollar threshold amounts described in this Annex I into such currency using a published spot rate determined as of the last day of the calendar year preceding the year in which the Reporting Irish Financial Institution is determining the balance or value.
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Samples: www.revenue.ie, Treaty Series, www.clearstream.com
Currency Translation Rule. For purposes of determining the balance or value of accounts denominated in a currency other than the U.S. dollar, a Reporting Irish Financial Institution must convert the dollar threshold amounts described in this Annex I into such currency using a published spot rate determined as of the last day of the calendar calen- dar year preceding the year in which the Reporting Irish Financial Institution is determining the balance or value.
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Samples: www.legislation.ie