Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Serbian Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a Serbian Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE.
1. Subject to subparagraph B(2) of this section, a Reporting Serbian Financial Institution may determine that the Account Holder is an Active NFFE, a Serbian Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Serbian Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Serbian Financial Institution, as applicable.
2. If the Account Holder is a Serbian Financial Institution 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.
3. In all other cases, a Reporting Serbian Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. Based on the self-certification, the following rules apply:
a) If the Account Holder is a Specified U.S. Person, the Reporting Serbian Financial Institution must treat the account as a U.S. Reportable Account.
b) If the Account Holder is a Passive NFFE, the Reporting Serbian Financial Institution must identify the Controlling Persons as determined under AML/KYC Procedures, and must determine whether any such person is a U.S. citizen or resident on the basis of a self- certification from the Account Holder or such person. If any such person is a U.S. citizen or resident, the Reporting Serbian Financial Institution must treat the account as a U.S. Reportable Account.
c) If the Account Holder is: (i) a U.S. Person that is not a Specified U.S. Person; (ii) subject to subparagraph B(3)(d) of this section, a Serbian Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exe...
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Singaporean Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a Singaporean Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE.
1. Subject to subparagraph B(2) of this section, a Reporting Singaporean Financial Institution may determine that the Account Holder is an Active NFFE, a Singaporean Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Singaporean Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Singaporean Financial Institution, as applicable.
2. If the Account Holder is a Singaporean Financial Institution 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.
3. In all other cases, a Reporting Singaporean Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. Based on the self-certification, the following rules apply:
a) If the Account Holder is a Specified U.S. Person, the Reporting Singaporean Financial Institution must treat the account as a U.S.
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Financial Institution must determine whether the Account Holder is: (i) a Specified Person; (ii) a Non-Resident Entity which is a Financial Institution; (iii) a Non-Reporting Financial Institution; (iv) an exempt beneficial owner; (v) an Active NFFE or Passive NFFE.
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Cayman Islands Financial Institution must determine whether the Account Holder is: (i) a Specified United Kingdom Person; (ii) a Non-United Kingdom Resident Entity which is a Financial Institution; (iii), a non-reporting Financial Institution; (v) an exempt beneficial owner; (vi) an Active NFFE or a Passive NFFE.
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Australian Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) an Australian Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE.
1. Subject to subparagraph B(2) of this section, a Reporting Australian Financial Institution may determine that the Account Holder is an Active NFFE, an Australian Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Australian Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Australian Financial Institution, as applicable.
2. If the Account Holder is an Australian Financial Institution 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.
3. In all other cases, a Reporting Australian Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. Based on the self-certification, the following rules apply:
a) If the Account Holder is a Specified U.S. Person, the Reporting Australian Financial Institution must treat the account as a U.S.
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting British Virgin Islands Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person;
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Netherlands Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a Netherlands Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed- compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE.
1. Subject to subparagraph B(2) of this section, a Reporting Netherlands Financial Institution may determine that the Account Holder is an Active NFFE, a Netherlands Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Netherlands Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Netherlands Financial Institution, as applicable.
2. If the Account Holder is a Netherlands Financial Institution 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.
3. In all other cases, a Reporting Netherlands Financial Institution must obtain a self-certification from the Account Holder to establish the Account Holder’s status. Based on the self-certification, the following rules apply:
a) If the Account Holder is a Specified U.S. Person, the Reporting Netherlands Financial Institution must treat the account as a
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Guyanese Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a Guyanese Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE.
1. Subject to subparagraph B(2) of this section, a Reporting Guyanese Financial Institution may determine that the Account Holder is an Active NFFE, a Guyanese Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Guyanese Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Guyanese Financial Institution, as applicable.
2. If the Account Holder is a Guyanese Financial Institution 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.
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Latvian Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a Latvian Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE.
1. Subject to subparagraph B(2) of this section, a Reporting Latvian Financial Institution may determine that the Account Holder is an Active NFFE, a Latvian Financial Institution, or other Partner Jurisdiction Financial Institution if the Reporting Latvian Financial Institution reasonably determines that the Account Holder has such status on the basis of the Account Holder’s Global Intermediary Identification Number or other information that is publicly available or in the possession of the Reporting Latvian Financial Institution, as applicable.
2. If the Account Holder is a Latvian Financial Institution 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.
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Montserrat Financial Institution must determine whether the Account Holder is: (i) a Specified United Kingdom Person; (ii) a Non-United Kingdom Resident Entity which is a Financial Institution; (iii), a non-reporting Financial Institution; (v) an exempt beneficial owner; (vi) an Active NFFE or a Passive NFFE.
