Exempt Beneficial Owners other than Funds. The following Entities shall be treated as Non-Reporting Indian Financial Institutions and as exempt beneficial owners for purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.
Appears in 3 contracts
Samples: International Tax Compliance Agreement, International Tax Compliance Agreement, Agreement to Improve International Tax Compliance and to Implement Fatca
Exempt Beneficial Owners other than Funds. The following Entities shall be treated as Non-Non- Reporting Indian Financial Institutions and as exempt beneficial owners for purposes of 1 sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect to a i payment that is derived from an obligation held in connection with a commercial financial | activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution.
Appears in 1 contract
Samples: Inter Governmental Agreement and Memorandum of Understanding (Mou)
