Chapter 4 status definition

Chapter 4 status means the status of a person as a
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Chapter 4 status has the meaning set forth in §1.1471- 1(b)(19).
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Chapter 4 status means with respect to a person, the person’s status as a U.S. person, a specified U.S. person, a foreign individual, a participating FFI, a deemed-compliant FFI, a Model 1 FFI, an exempt beneficial owner, a nonparticipating FFI, a territory financial institution, a QI branch of a U.S. financial institution, an excepted NFFE or a passive NFFE.
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Examples of Chapter 4 status in a sentence

  • You are in the best position to determine your U.S. or foreign status, FATCA Chapter 4 status (as such term is defined in FATCA) and the status of your payees in connection with your account (each, as applicable, "FATCA status").

  • Discussion Under the Chapter 4 status documentation requirements, a withholding agent must generally treat a payee as a US person if it has a valid Form W-9, Request for Taxpayer Identification Number and Certification associated with the payee or – if it does not have a valid Form W-9 – it must presume the payee is a US person under the presumption rules of Treas.

  • Joint Account Certifications The QI Agreement requires a QI to obtain a certification from each partnership or trust subject to joint account treatment indicating that the partnership or trust has maintained a permissible Chapter 4 status at all times during the certification period.

  • The Financial Institution ensures that by the later of 30 June 2014, or six months after the date the Financial Institution registers as a Deemed Compliant Financial Institution, each agreement entered into by the Financial Institution that governs the distribution of its Debt or Equity Interests requires the distributor to notify the Financial Institution of a change in the distributor’s Chapter 4 status within 90 days of the change.

  • The substitute form does not have to include all of the Chapter 4 statuses provided on the Form W-8, as long as it includes any Chapter 4 status for which withholding may apply, e.g., the categories for a nonparticipating F.F.I. or passive N.F.F.E. The substitute form may be incorporated into other business forms customarily used, such as account signature cards, if the required certifications are clearly set out.

  • You are in the best position to determine your U.S. or foreign status, Chapter 4 status (as such term is defined in FATCA) and the status of your payees in connection with your account (each, as applicable, "FATCA status").

  • Form W-8ECI or Form W-8EXP• Any person acting as an intermediary Form W-8IMY• Any branch of a foreign financial institution required to provide Chapter 4 status Form W-8BEN-E• Any non-US entity required to provide Chapter 3 status Form W-8BEN-E• Any non-US entity that has checked box E, L, or M in the Entity Tax Declaration Form.

  • The Chapter 4 status is to identify the applicable FATCA status of the entity entered in section 3 of Part I.

  • The implication left by this new rule is that a withholding certificate provided solely to establish Chapter 3 (or Chapter 4) status does not need to have a TIN as long as the beneficial owner is not using the certificate to claim the benefit of an income tax treaty.

  • Withholding agents would need to resolicit Forms W-8 for many preexisting accounts after July 1, 2014 and before December 31, 2014 in order to obtain necessary Chapter 4 status information.IRPAC recommends that tax documentation that would otherwise expire on December 31, 2013 be treated as valid until December 31, 2014.


More Definitions of Chapter 4 status

Chapter 4 status means with respect to a person, the person’s status as a U.S. person, a specified U.S. person, a foreign individual, a participating FFI, a deemed-compliant FFI, a
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Chapter 4 status means with respect to a Person, a Person’s status as, including but not limited to, a US Person, a Specified US Person, a foreign individual, a Participating FFI, a Deemed-Compliant FFI, a Model 1 FFI, an Exempt Beneficial Owner, a Nonparticipating FFI, a Territory Financial Institution, a QI branch of a US Financial Institution, an Excepted NFFE or a Passive NFFE.
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Related to Chapter 4 status

  • B-BBEE status level of contributor” means the B-BBEE status of an entity in terms of a code of good practice on black economic empowerment, issued in terms of section 9(1) of the Broad- Based Black Economic Empowerment Act;

  • Chapter means a Chapter under this Part;

  • refugee status means the recognition by a Member State of a third-country national or a stateless person as a refugee;

  • Active status means (i) for employees, the absence of any interruption or termination of service as an employee, (ii) for Directors, that the Director has not been removed from the Board for cause (as determined by the Company’s shareholders), and (iii) for Consultants, the absence of any interruption, expiration, or termination of such person’s consulting or advisory relationship with the Company or any Subsidiary or the occurrence of any termination event as set forth in such person’s Award Agreement. Active Status shall not be considered interrupted (A) for an employee in the case of sick leave, maternity leave, infant care leave, medical emergency leave, military leave, or any other leave of absence properly taken in accordance with the policies of the Company or any applicable Subsidiary as may be in effect from time to time, and (B) for a Consultant, in the case of any temporary interruption in such person’s availability to provide services to the Company or any Subsidiary which has been granted in writing by an authorized officer of the Company. Whenever a mandatory severance period applies under applicable law with respect to a termination of service as an employee, Active Status shall be considered terminated upon such Employee’s receipt of notice of termination in whatever form prescribed by applicable law.

  • REIT Status means, with respect to any Person, (a) the qualification of such Person as a real estate investment trust under the provisions of Sections 856 et seq. of the Code and (b) the applicability to such Person and its shareholders of the method of taxation provided for in Sections 857 et seq. of the Code.

  • marital status means being single, married as recognized by the state of Connecticut, widowed, separated or divorced;

  • Level VI Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status, Level IV Status or Level V Status.

  • Level V Status exists at any date if, on such date, the Borrower has not qualified for Level I Status, Level II Status, Level III Status or Level IV Status.

  • FMC Act means the Financial Markets Conduct Act 2013.

  • Level I Status exists at any date if, as of the last day of the fiscal quarter of the Borrower referred to in the most recent Financials, the Leverage Ratio is less than 1.00 to 1.00.

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • Inactive status means the status of a practitioner licensed or registered pursuant to Iowa Code chapter 153 who is not currently engaged in the practice of dentistry, dental hygiene, or dental assisting in the state of Iowa and who has paid the required renewal fee but who has not met the requirements for continuing education.

  • the 1983 Act means the Representation of the People Act 1983;

  • Travel status with respect to an employee means absence of the employee from his/her headquarters or geographic location on Justice Institute of British Columbia business with the approval of the Employer, but travel status does not apply to employees temporarily assigned to a position outside of his/her headquarters or geographic location or to field status employees;

  • Familial status means the condition of one or more minors being domiciled with:

  • Individual Resource Status Single Dwelling Contributing Total: 1

  • Level IV Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status, Level II Status or Level III Status and (ii) the Borrower's Xxxxx'x Rating is Baa3 or better or the Borrower's S&P Rating is BBB- or better.

  • Level III Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status or Level II Status and (ii) the Borrower's Xxxxx'x Rating is Baa2 or better or the Borrower's S&P Rating is BBB or better.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • Tax-Free Status means the qualification of a Distribution or any other transaction contemplated by the IRS Ruling or any Tax Opinion as a transaction in which gain or loss is not recognized, in whole or in part, and no amount is included in income, including by reason of Distribution Taxes, for U.S. federal, state, and local income tax purposes (other than intercompany items, excess loss accounts or other items required to be taken into account pursuant to Treasury Regulations promulgated under Section 1502 of the Code).

  • the 1980 Act means the Highways Act 1980(3);

  • Criminal drug statute means a Federal or non-Federal criminal statute involving the manufacture, distribution, dispensing, possession or use of any controlled substance.

  • the 1993 Act means the Pension Schemes Act 1993; “the 1995 Act” means the Pensions Act 1995;

  • the 1992 Act means the Local Government Finance Act 1992;

  • Chapter 11 means Chapter 11 of the Bankruptcy Code.

  • Public organic record means a record that is available to the public for inspection and is: