Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.Non-Financial Entity or NFE means any Entity that is not a Financial Institution.Non-Participating Jurisdiction means a jurisdiction that is not a Participating Jurisdiction.Non-Reporting Financial Institution means any Financial Institution that is:(a) a Governmental Entity, International Organisation or Central Bank, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution;(b) a Broad Participation Retirement Fund; a Narrow Participation Retirement Fund; a Pension Fund of a Governmental Entity, International Organisation or Central Bank; or a Qualified Credit Card Issuer;(c) any other Entity that presents a low risk of being used to evade tax, has substantially similar characteristics to any of the Entities described in subparagraphs B(1)(a) and (b), and is defined in domestic law as a Non-Reporting Financial Institution, provided that the status of such Entity as a Non-Reporting Financial Institution does not frustrate the purposes of the Common Reporting Standard;(d) an Exempt Collective Investment Vehicle; or
Examples of Specified Insurance Company in a sentence
Where an Entity is managed by a mix of Financial Institutions, NFEs or individuals, the Entity is considered to be managed by another Entity that is a Depository Institution, a Custodial Institution, a Specified Insurance Company, or the first type of Investment Entity, if any of the managing Entities is such another Entity.
Investment Entity” (“Investment Entity managed by another Financial Institution”) is any Entity the gross income of which is primarily attributable to investing, reinvesting, or trading in Financial Assets where the Entity is managed by another Entity that is a Depository Institution, a Custodial Institution, a Specified Insurance Company, or the first type of Investment Entity.
The term "Financial Institution" means a Custodial Institution, a Depository Institution, an Investment Entity25, or a Specified Insurance Company.
Where an Entity is managed by a mix of Financial Institutions, NFEs or individuals, the Entity is considered to be managed by another Entity that is a Depository Institution, a Custodial Institution, a Specified Insurance Company, or an Investment Entity described in (a), (b), (c) or (d) above, if any of the managing Entities is such another Entity.
The term “Financial Institution” means a Custodial Institution, a Depository Institution, an Investment Entity23, or a Specified Insurance Company.
More Definitions of Specified Insurance Company
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract.NFFE means any Non-U.S. Entity that is not a Financial Institution as defined in US FATCA.Non-U.S. Entity means an Entity that is not a U.S. Person.Passive Non-Financial Foreign Entity means any NFFE that is not an Active Non-Financial Foreign Entity.Related Entity An entity is a Related Entity of another entity if either entity controls the other entity, or the two entities are under common control. For this purpose, control includes direct or indirect ownership of more than 50 percent of the vote or value in an entity. Notwithstanding the foregoing, either Party may treat an entity as not a related entity if the two entities are not members of the same affiliated group, as defined in Section 1471(e)(2) of the Code.Specified U.S. Person means a U.S. Person other than:(a) a corporation the stock of which is regularly traded on established securities markets;(b) any corporation that is a member of the same expanded affiliated group;(c) the United States or any wholly owned agency or instrumentality thereof;(d) any State of the United States, any U.S. Territory, any political subdivision or wholly owned agency or instrumentality of any one or more of the foregoing;
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract. Non-Financial Entity or NFE means any Entity that is not a Financial Institution. Non-Participating Jurisdiction means a jurisdiction that is not a Participating Jurisdiction. 43 Measures (a) to (b) are not alternative options, but are cascading measures, with each to be used where the previous measure has been applied and has not identified a beneficial owner.44 A controlling ownership interest depends on the ownership structure of the company. It may be based on a threshold, e.g. any person owning more than a certain percentage of the company (e.g. 25%).Non-Reporting Financial Institution means any Financial Institution that is:(a) a Governmental Entity, International Organisation or Central Bank, other than with respect to a payment that is derived from an obligation held in connection with a commercial financial activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or Depository Institution;(b) a Broad Participation Retirement Fund; a Narrow Participation Retirement Fund; a Pension Fund of a Governmental Entity, International Organisation or Central Bank; or a Qualified Credit Card Issuer;(c) any other Entity that presents a low risk of being used to evade tax, has substantially similar characteristics to any of the Entities described in subparagraphs B(1)(a) and (b), and is defined in domestic law as a Non-Reporting Financial Institution, provided that the status of such Entity as a Non-Reporting Financial Institution does not frustrate the purposes of the Common Reporting Standard;(d) an Exempt Collective Investment Vehicle; or
Specified Insurance Company means any entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to
Specified Insurance Company has the meaning set forth in §1.1471-1(b)(119).
Specified Insurance Company means any insurance company (or the holding company of such insurance company) that issues (or writes) or is obliged to make payments in respect of a Cash Value Insurance Contract or an Annuity Contract.o arrangement:
Specified Insurance Company means any insurance company (or the holding company of such insurance company) that issues (or writes) or is obligedmtaoke payments in respect of a Cash Value Insurance Contract or an Annuity Contracstee also Section 11 below.o arrangement:
Specified Insurance Company means any Entity that is an insurance company (or the holding company of an insurance company) that issues, or is obligated to make payments with respect to, a Cash Value Insurance Contract or an Annuity Contract. Foreign Financial Institution (FFI) means a Financial Institution that is not a U.S Entity.Deemed-Compliant FFIs are those specified in Annex II of the Intergovernmental Agreement between the Republic of Cyprus and the United States.