Foreign Account Tax Compliance Provisions definition

Foreign Account Tax Compliance Provisions means the U.S. tax legislation enacted on 18 March 2010 as Section 501 of the Hiring Incentives to Restore Employment Act of 2010.
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Examples of Foreign Account Tax Compliance Provisions in a sentence

  • Counterparties under the United States Foreign Account Tax Compliance Provisions of the HIRE Act.

  • Notes:• The term “tax regulations” refers to the International Tax Compliance Regulations 2015 which implement the Foreign Account Tax Compliance Provisions of the US HIRE Act and the OECD Common Reporting Standard for Automatic Exchange of Financial Account Information• In general, you are tax resident where you are liable to taxes based on where you live and work permanently, although different jurisdictions have different rules in relation to tax residency.

  • The Client understands that the authorised dealer is required to report to SARS on account holders who are US citizens or residents or who have unexplained US indicators, e.g. an address in the US or US passport number in terms of the FATCA legislation (the Foreign Account Tax Compliance Provisions).

Related to Foreign Account Tax Compliance Provisions

  • United States Tax Compliance Certificate has the meaning specified in Section 3.01.

  • U.S. Tax Compliance Certificate has the meaning specified in Section 3.01(e)(ii)(B)(III).

  • Payroll Tax Executive Order means the Presidential Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster, as issued on August 8, 2020 and including any administrative or other guidance published with respect thereto by any Governmental Authority (including IRS Notice 2020-65).

  • Sanctions and Export Control Laws means any applicable Law related to (a) import and export controls, including the U.S. Export Administration Regulations, (b) economic sanctions, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the U.S. Department of State, the European Union, any European Union Member State, the United Nations, and Her Majesty’s Treasury of the United Kingdom or (c) anti-boycott measures.

  • EU Bail-In Legislation Schedule means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any successor person), as in effect from time to time.

  • Foreign Assets means any of the Portfolios’ investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios’ transactions in such investments.