Common use of Tax Withholding and Reporting Clause in Contracts

Tax Withholding and Reporting. The FICA Custodian may be required to withhold U.S. federal income tax at the prevailing rate on all interest payable to certain FICA Depositors who fail to provide their correct taxpayer identification number or to make required certifications, or who have been notified by the Internal Revenue Service that they are subject to backup withholding. Interest earned on accounts held by entities (individuals or corporations) that are neither citizens nor residents of the United States, except for Canadian residents, generally are not subject to withholding tax. Where required by applicable law, each FICA Depositor will be issued a Form 1099-INT which will set forth the gross interest earned (i.e., interest before fees) by a FICA Depositor from the Insured Depositories. Consult your tax advisor.

Tax Withholding and Reporting. The FICA FFB Custodian may be required to withhold U.S. federal income tax at the prevailing rate on all interest payable to certain FICA FFB Depositors who fail to provide their correct taxpayer identification number or to make required certifications, or who have been notified by the Internal Revenue Service that they are subject to backup withholding. Interest earned on accounts held by entities (individuals or corporations) that are neither citizens nor residents of the United States, except for Canadian residents, generally are not subject to withholding tax. Where required by applicable law, each FICA FFB Depositor will be issued a Form 1099-INT which will set forth the gross interest earned (i.e., interest before fees) by a FICA FFB Depositor from the Insured Depositories. Consult your tax advisor.

Tax Withholding and Reporting. The FICA AMMA Custodian may be required to withhold U.S. federal income tax at the prevailing rate on all interest payable to certain FICA AMMA Depositors who fail to provide their correct taxpayer identification number or to make required certifications, or who have been notified by the Internal Revenue Service that they are subject to backup withholding. Interest earned on accounts held by entities (individuals or corporations) that are neither citizens nor residents of the United States, except for Canadian residents, generally are not subject to withholding tax. Where required by applicable law, each FICA AMMA Depositor will be issued a Form 1099-INT which will set forth the gross interest earned (i.e., interest before fees) by a FICA AMMA Depositor from the Insured Depositories. Consult your tax advisor.

Tax Withholding and Reporting. The FICA Account Custodian may be required to withhold U.S. federal income tax at the prevailing rate on all interest payable to certain FICA Account Depositors who fail to provide their correct taxpayer identification number or to make required certifications, or who have been notified by the Internal Revenue Service that they are subject to backup withholding. Interest earned on accounts held by entities (individuals or corporations) that are neither citizens nor residents of the United States, except for Canadian residents, generally are not subject to withholding tax. Where required by applicable law, each FICA Account Depositor will be issued a Form 1099-INT which will set forth the gross interest earned (i.e., interest before fees) by a FICA an Account Depositor from the Insured Depositories. Consult your tax advisor.

Tax Withholding and Reporting. The FICA Account Custodian may be required to withhold U.S. federal income tax at the prevailing rate on all interest payable to certain FICA FFB Depositors who fail to provide their correct taxpayer identification number or to make required certifications, or who have been notified by the Internal Revenue Service that they are subject to backup withholding. Interest earned on accounts held by entities (individuals or corporations) that are neither citizens nor residents of the United States, except for Canadian residents, generally are not subject to withholding tax. Where required by applicable law, each FICA FFB Depositor will be issued a Form 1099-INT which will set forth the gross interest earned (i.e., interest before fees) by a FICA an FFB Depositor from the Insured Depositories. Consult your tax advisor.