Common use of Taxpayer Identification Numbers and Backup Withholding Clause in Contracts

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding as well as civil or criminal penalties. The Credit Union may suspend the opening of your account until an accurate TIN is provided.

Appears in 4 contracts

Samples: Membership Account Agreement, www.onpointcu.com, pdf4pro.com

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Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest and certain other payments under certain conditionsdividends. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding as well as civil or criminal penaltieswithholding. The If you fail to provide your TIN, the Credit Union may suspend the opening of your account until an accurate a TIN is provided.

Appears in 4 contracts

Samples: Account Agreement, Membership and Account Agreement, Membership and Account Agreement

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest dividends, interest, and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding as well as civil or criminal penaltieswithholding. The If you fail to provide your TIN, the Credit Union may suspend the opening of your account until an accurate TIN is providedaccount.

Appears in 2 contracts

Samples: www.tccu.net, Account Agreement

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest dividends and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number ("TIN") or meet other applicable requirements may result in backup withholding as well as civil or criminal penaltieswithholding. The If you fail to provide your TIN, the Credit Union may suspend the opening of your account until an accurate TIN is providedprivileges and or close your account.

Appears in 2 contracts

Samples: www.columbiacu.org, www.columbiacu.org

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest dividends, interest, and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding as well as civil or criminal penaltieswithholding. The If you fail to provide your TIN, the Credit Union may suspend the opening of your account or you may request a non-dividend bearing or interest bearing account until an accurate a TIN is provided.

Appears in 2 contracts

Samples: Membership and Account Agreements, Membership and Account Agreement

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest dividends and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding as well as civil or criminal penaltieswithholding. The If you fail to provide your correct TIN, the Credit Union may suspend the opening of your account until an accurate TIN is providedprivileges and/or close your account.

Appears in 1 contract

Samples: Action Waiver Agreement

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Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest dividends and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding as well as civil or criminal penaltieswithholding. The If you fail to provide your TIN, the Credit Union may suspend the opening of your account until an accurate TIN is providedprivileges and/ or close your account.

Appears in 1 contract

Samples: www.columbiacu.org

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest interest, dividends and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding as well as civil or criminal penalties. The If you refuse to provide your TIN, the Credit Union may suspend delay the opening of your account until an accurate TIN is providedaccount.

Appears in 1 contract

Samples: Membership and Account Agreement

Taxpayer Identification Numbers and Backup Withholding. If your account is or becomes subject to backup withholding, the Credit Union is required by law to withhold and pay to the Internal Revenue Service (IRS) a required percentage of payments of interest interest, dividends, and certain other payments under certain conditions. Your failure to furnish a correct taxpayer identification number (TIN) or meet other applicable requirements may result in backup withholding as well as civil or criminal penalties. The If you refuse to provide your TIN, the Credit Union may suspend the opening of your account until an accurate TIN is providedaccount.

Appears in 1 contract

Samples: Account Agreement

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