Currency Translation Rule. For purposes of determining the balance or value of Financial Accounts denominated in a currency other than the U.S. dollar, a Reporting Serbian Financial Institution must convert the U.S. 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 Serbian Financial Institution is determining the balance or value.
Appears in 2 contracts
Samples: International Tax Compliance Agreement, International Tax Compliance Agreement
Currency Translation Rule. For purposes of determining the balance or value of Financial Accounts denominated in a currency other than the U.S. dollar, a Reporting Serbian Slovenian Financial Institution must convert the U.S. 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 Serbian Slovenian Financial Institution is determining the balance or value.
Appears in 2 contracts
Samples: International Tax Compliance Agreement, International Tax Compliance Agreement