Common use of Residence for tax purposes Clause in Contracts

Residence for tax purposes. In accordance with prevailing legislation, the Client must communicate its country or countries of residence for tax purposes to the Bank, and the tax identification number allocated by its country or countries of residence for tax purposes. For that purpose, the Bank may ask the Client to provide a “Self-certification of residence for tax purposes Natural person” and, as applicable, supporting documentation. It is in particular important to note that no account may be opened without first providing said Self- certification. It is incumbent upon the Client and not the Bank, to determine, under their own responsibility, their country of countries of residence for tax purposes. In this respect, the Client is invited to consult the OECD portal or to contact an independent tax adviser or the tax authorities concerned. The Client must inform the Bank of any change in circumstances affecting the status of its residence for tax purposes within 30 days and must for that purpose communicate a “Self-certification of residence for tax purposes Natural person” form to it within a period of 90 days. Said form is available from the Bank. For that purpose, the Bank draws the Client's attention to the fact that the status of residence for tax purposes may have significant fiscal consequences on its investments, income and earnings and affect this contract or any other contract entered into with the Bank. Moreover, its investments, income and earnings are also likely to be subject to regulations, in particular tax-related, in force in its State of residence for tax purposes. In this context, the Bank invites the Client to consult the tax authorities of his/her State of residence and to approach an independent tax advisor with a view to obtaining appropriate legal and tax advice. Tax representation - Individual account It is the Client’s responsibility to meet all of his/her tax-related obligations with regard in particular to the filing of returns or other documentation made mandatory by tax legislation as well as the payment of all relevant taxes and duties for which he/she is liable (income tax, wealth tax, death duties, social security contributions, etc.). The opening, holding and operating of an account may have tax implications for the Client depending on several factors including, but not limited to, the Client’s place of domicile, his/her place of residence, his/her citizenship or the type of assets that he/she holds. The tax legislation in certain countries may have extraterritorial scope regardless of the Client's place of domicile, residence or citizenship. It is recommended for the Client to approach an independent adviser with a view to obtaining appropriate legal and tax advice. The Client acknowledges and accepts that where it involves tax obligations incumbent upon him/her, the Bank shall not incur any liability.

Residence for tax purposes. In accordance with prevailing legislation, the Client must m ust communicate its his/her country or countries of residence for tax purposes to the Bank, Bank and the tax identification number allocated assigned by its his/her country or countries of residence for tax purposes. For To that purposeend, the Bank may ask the Client to provide a “Self-certification of residence for tax purposes – Natural personPerson” and, as applicable, supporting documentation. It is in particular important to note that no account may be opened without first f irst providing said Self- certificationSelf - certif ication. It is incumbent upon the Client and not the Bank, Bank to determine, under their his/her own responsibility, their his/her country of or countries of residence for tax purposes. In this respect, the Client is invited urged to consult the OECD portal or to contact an independent tax adviser or the tax authorities concerned. The Client must inform the Bank of any change in circumstances affecting the status of its his/her residence for tax purposes within 30 days day s and must for that purpose communicate submit a “Self-certification Self -certification of residence for f or tax purposes – Natural personPerson” form f orm to it the Bank within a period of 90 days. day s. Said form f orm is available from the Bank. For that purpose, the Bank draws the Client's ’s attention to the fact that the status of residence for f or tax purposes may have hav e significant fiscal tax consequences on its investmentshis/her inv estments, income and earnings and affect this contract or any other contract entered into with the Bank. MoreoverXxxxxx er, its his/her investments, income and earnings are also likely to be subject to regulations, in particular tax-related, in force f orce in its his/her State of residence for f or tax purposes. In this context, the Bank invites urges the Client to consult the tax authorities of his/her State of residence and to approach contact an independent tax advisor with a view adviser to obtaining obtain appropriate legal and tax advice. Tax representation - Individual account responsibility It is the Client’s responsibility to meet all of his/her tax-related obligations with regard in particular to the filing of returns or other documentation made mandatory by tax legislation laws as well as the payment of all relevant taxes and duties for dutiesfor which he/she is liable (income tax, wealth tax, death duties, social security contributions, etc.). The opening, holding and operating of an account may have tax implications for the Client depending on several factors including, but not limited to, the Client’s place of domicile, his/her place of residence, his/her citizenship or the type of assets that he/she holds. The tax legislation laws in certain countries may have extraterritorial scope regardless of the Client's ’s place of domicile, residence or citizenship. It is recommended for f or the Client to approach contact an independent adviser with a view adv xxxx to obtaining obtain appropriate legal and tax advice. The Client acknowledges and accepts that where it involves tax obligations incumbent upon him/herher are involved, the Bank shall not incur any liability.

Residence for tax purposes. In accordance with prevailing legislation, the Client must communicate its his/her country or countries of residence for tax purposes to the Bank, Bank and the tax identification number allocated assigned by its his/her country or countries of residence for tax purposes. For To that purposeend, the Bank may ask the Client to provide a “Self-certification of residence for tax purposes – Natural personPerson” and, as applicable, supporting documentation. It is in particular important to note that no account may be opened without first providing said Self- certification. It is incumbent upon the Client and not the Bank, Bank to determine, under their his/her own responsibility, their his/her country of or countries of residence for tax purposes. In this respect, the Client is invited urged to consult the OECD portal or to contact an independent tax adviser or the tax authorities concerned. The Client must inform the Bank of any change in circumstances affecting the status of its his/her residence for tax purposes within 30 days and must for that purpose communicate submit a “Self-certification of residence for tax purposes – Natural personPerson” form to it the Bank within a period of 90 days. Said form is available from the Bank. For that purpose, the Bank draws the Client's ’s attention to the fact that the status of residence for tax purposes may have significant fiscal tax consequences on its his/her investments, income and earnings and affect this contract or any other contract entered into with the Bank. Moreover, its his/her investments, income and earnings are also likely to be subject to regulations, in particular tax-related, in force in its his/her State of residence for tax purposes. In this context, the Bank invites urges the Client to consult the tax authorities of his/her State of residence and to approach contact an independent tax advisor with a view adviser to obtaining obtain appropriate legal and tax advice. Tax representation - Individual account responsibility It is the Client’s responsibility to meet all of his/her tax-related obligations with regard in particular to the filing of returns or other documentation made mandatory by tax legislation laws as well as the payment of all relevant taxes and duties for which he/she is liable (income tax, wealth tax, death duties, social security contributions, etc.). The opening, holding and operating of an account may have tax implications for the Client depending on several factors including, but not limited to, the Client’s place of domicile, his/her place of residence, his/her citizenship or the type of assets that he/she holds. The tax legislation laws in certain countries may have extraterritorial scope regardless of the Client's ’s place of domicile, residence or citizenship. It is recommended for the Client to approach contact an independent adviser with a view to obtaining obtain appropriate legal and tax advice. The Client acknowledges and accepts that where it involves tax obligations incumbent upon him/herher are involved, the Bank shall not incur any liability.