Common use of Determine Whether a Financial Clause in Contracts

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Financial Institution of the Republic of Kazakhstan, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Financial Institution of the Republic of Kazakhstan: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the AgreementInstitution. a) Subject to subparagraph D(3)(b) of this section, a Reporting Cabo Verdean Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a Cabo Verdean Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Cabo Verdean Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Cabo Verdean Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a Cabo Verdean Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a Cabo Verdean Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Cabo Verdean Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Cabo Verdean Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting St. Xxxxxxx and the Grenadines Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a St. Xxxxxxx and the Grenadines Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting St. Xxxxxxx and the Grenadines Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting St. Xxxxxxx and the Grenadines Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a St. Xxxxxxx and the Grenadines Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a St. Xxxxxxx and the Grenadines Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting St. Xxxxxxx and the Grenadines Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting St. Xxxxxxx and the Grenadines Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting Turks and Caicos Islands Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a Turks and Caicos Islands Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Turks and Caicos Islands Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Turks and Caicos Islands Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a Turks and Caicos Islands Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a Turks and Caicos Islands Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Turks and Caicos Islands Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Turks and Caicos Islands Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting Saint Kitts and Nevis Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a Saint Kitts and Nevis Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Saint Kitts and Nevis Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Saint Kitts and Nevis Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a Saint Kitts and Nevis Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a Saint Kitts and Nevis Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Saint Kitts and Nevis Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Saint Kitts and Nevis Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting Montserrat Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a Montserrat Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Montserrat Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Montserrat Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a Montserrat Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a Montserrat Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Montserrat Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Montserrat Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting Antigua and Barbuda Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a an Antigua and Barbuda Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Antigua and Barbuda Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Antigua and Barbuda Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a an Antigua and Barbuda Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a an Antigua and Barbuda Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Antigua and Barbuda Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Antigua and Barbuda Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting Slovak Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a Slovak Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Slovak Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Slovak Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a Slovak Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a Slovak Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Slovak Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Slovak Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting Jersey Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a Jersey Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Jersey Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Jersey Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a Jersey Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a Jersey Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Jersey Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Jersey Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.

Determine Whether a Financial. Institution Is a Nonparticipating Financial Institution Payments to Which Are Subject to Aggregate Reporting Under Subparagraph 1(b) of Article 4 of the Agreement. a) Subject to subparagraph D(3)(b) of this section, a Reporting Trinidad and Tobago Financial Institution of the Republic of Kazakhstan may determine that the Account Holder is a Trinidad and Tobago Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution if the Reporting Trinidad and Tobago Financial Institution of the Republic of Kazakhstan reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list or other information that is publicly available or in the possession of the Reporting Trinidad and Tobago Financial Institution of the Republic of KazakhstanInstitution, as applicable. In such case, no further review, identification, or reporting is required with respect to the account. b) If the Account Holder is a Trinidad and Tobago Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating Financial Institution, then the account is not a U.S. Reportable Account, but payments to the Account Holder must be reported as contemplated in subparagraph 1(b) of Article 4 of the Agreement. c) If the Account Holder is not a Trinidad and Tobago Financial Institution of the Republic of Kazakhstan or other Partner Jurisdiction Financial Institution, then the Reporting Trinidad and Tobago Financial Institution of the Republic of Kazakhstan must treat the Account Holder as a Nonparticipating Financial Institution payments to which are reportable under subparagraph 1(b) of Article 4 of the Agreement, unless the Reporting Trinidad and Tobago Financial Institution of the Republic of KazakhstanInstitution: (1) Obtains a self-certification (which may be on an IRS Form W-8 or similar agreed form) from the Account Holder that it is a certified deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (2) In the case of a participating FFI or registered deemed- compliant FFI, verifies the Account Holder’s Global Intermediary Identification Number on the published IRS FFI list.