Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Bahamas Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a Bahamas 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.
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Samples: Agreement, www.taxreporting.finance.gov.bs, www.bacobahamas.com
Other New Entity Accounts. With respect to New Entity Accounts not described in paragraph A of this section, the Reporting Bahamas Financial Institution must determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a Bahamas 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.;
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Samples: laws.bahamas.gov.bs