FATCA Compliance definition

FATCA Compliance means compliance with FATCA and Cayman FATCA Legislation, including as necessary so that (i) no tax or penalty will be imposed or withheld under FATCA and Cayman FATCA Legislation in respect of payments to or for the benefit of the Issuer and (ii) the Issuer can comply with any information reporting requirements in connection with FATCA and Cayman FATCA Legislation.
FATCA Compliance means the requirement that foreign financial institutions, including any foreign subsidiaries of U.S.-based organizations, take all appropriate steps to comply with FATCA, including but not limited to:
FATCA Compliance. Compliance with FATCA, as necessary so that no tax will be imposed or withheld thereunder in respect of payments to or for the benefit of the Issuer.

Examples of FATCA Compliance in a sentence

  • For these purposes, the Issuer shall have the right to sell a Noteholder’s interest in its Notes in its entirety notwithstanding that the sale of a portion of such an interest would permit the Issuer to achieve FATCA Compliance.

  • Beginning on the FATCA Compliance Date, each FFI Member must agree not to conduct any transaction or activity through the Corporation if such FFI Member is not FATCA Compliant, unless such requirement has been explicitly waived in writing by the Corporation with respect to the specific FFI Member, provided, however, that no such waiver will be issued if it shall cause the Corporation to be obligated to withhold under FATCA on gross proceeds from the sale or other disposition of any property.

  • Beginning on the FATCA Compliance Date, each FFI Member shall inform the Corporation, both orally and in writing, if it (i) undergoes a change in circumstance that would affect its FATCA Certification or (ii) otherwise has reason to know that it is not, or will not be, FATCA Compliant, in each case, within two days of knowledge thereof.

  • Cash flows from financing activities were $460,478 and$221,635 for the same periods.

  • Recent Publications ▪ Tax Practitioner’s Guide to Identity Theft (CCH Inc., 2017, ISBN 978- 0-8080-4556-4▪ Recent Developments in FATCA Compliance, 93 TAXES 51 (July 2015)▪ A 21st-Century Approach to Litigating Valuation Issues, 17 J.


More Definitions of FATCA Compliance

FATCA Compliance means compliance with FATCA, including as necessary so that
FATCA Compliance means compliance with FATCA and any related provisions of law, court decisions, or administrative guidance, including the Issuer entering into and complying with an Effective U.S. FATCA Agreement or any comparable requirements under the intergovernmental agreement between the Cayman Islands and the United States and any implementing legislation thereunder, in each case, as necessary to comply with local laws and avoid fines and penalties and to ensure that no taxso that no taxes, fines, penalties or other charges will be imposed or withheld under FATCA in respect of payments to or for the benefit of the Issuer.
FATCA Compliance. Compliance with FATCA (including, but not limited to, as necessary so that no tax will be imposed or withheld thereunder in respect of payments to or for the benefit of the Issuer).
FATCA Compliance. In order to comply with the FATCA rules and avoid the imposition of U.S. federal withholding tax, the Company requires Subscribers to provide additional information as described in the Subscription Agreement and may from time to time require further information or documentation from the Subscriber and, if and to the extent required under FATCA, the Subscriber’s direct and indirect beneficial owners (if any), relating to or establishing such person’s identity, residence (or jurisdiction of formation) and income tax status, and may provide or disclose such information and documentation to the U.S. Internal Revenue Service. The Subscriber hereby agrees to indemnify and hold harmless the Company from any and all withholding taxes, interest, penalties and other losses or liabilities suffered by the Company on account of the Subscriber not providing all requested information and documentation in a timely manner. The Subscriber shall have no claim against the Company for any form of damages or liability as a result of any of the aforementioned actions.
FATCA Compliance means compliance with FATCA and any related provisions of law, court decisions, or administrative guidance, including the Issuer entering into and complying with an agreement with the Internal Revenue Service contemplated by Section 1471(b) of the Code or any comparable requirements under the intergovernmental agreement between The Netherlands and the United States and any implementing legislation thereunder, in each case as necessary so that no tax will be imposed or withheld under those sections in respect of payments to or for the benefit of the Issuer.