Specific Treatment of Retirement Plans. The United States will treat as a deemed- compliant FFI or exempt beneficial owner, as appropriate, for purposes of section 1471 of the U.S. Internal Revenue Code [FATCA Partner] retirement plans described and identified in Xxxxx XX. For this purpose, a [FATCA Partner] retirement plan includes an entity established or located in and regulated by [FATCA Partner], or a predetermined contractual or legal arrangement, operated to provide pension or retirement benefits or earn income for providing such benefits under the laws of [FATCA Partner] and regulated with respect to contributions, distributions, reporting, sponsorship, and taxation.
Appears in 8 contracts
Samples: Model Intergovernmental Agreement, Model Intergovernmental Agreement, Model Intergovernmental Agreement
