WHFIT definition

WHFIT. A “Widely Held Fixed Investment Trust” as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions.
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WHFIT means "widely held fixed investment trust", as that term is defined in Treasury Regulations § 1.671-5(b)(22) or successor provisions.
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WHFIT. A "Widely Held Fixed Investment Xxxxt" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury Regulations section 1.671-5, as amended.
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Examples of WHFIT in a sentence

  • The arrangement under which the RCR Notes will be created is a WHFIT that is an NMWHFIT.

  • For purposes of this paragraph (c)(2)(iv), a payment (other than a final scheduled payment) that completely retires a debt instrument (including a mortgage held by a WHMT) or a pro-rata prepayment on a debt instrument (see § 1.1275–2(f)(2)) held by a WHFIT must be reported as a full or partial sale or disposition of the debt instrument.

  • In general, in cases in which reporting is required for a WHFIT under both this section and subpart B, part III, subchapter A, chap- ter 61 of the Internal Revenue Code (Sections 6041 through 6050S) (Informa- tion Reporting Sections), the reporting rules for WHFITs under this section must be applied.

  • Period of time during which a request- ing person may request WHFIT informa- tion.

  • The trustee must report information re- garding sales and dispositions of WHFIT assets as required in this para- graph (c)(2)(iv).

  • Thus, in the case of a WHFIT that receives a payment of income from which an ex- pense (or expenses) has been deducted, the trustee, in calculating the income to be reported under paragraph (c)(2)(ii) of this section, must report the income earned on the trusts assets unreduced by the deducted expense or expenses and separately report the de- ducted expense or expenses.

  • The items of the WHFIT attributable to a TIH who is not a United States person must be re- ported, and amounts must be withheld, as provided under subtitle A, chapter 3 of the Internal Revenue Code (sections 1441 through 1464) and the regulations thereunder and not reported under this paragraph (d).(2) Information to be reported—(i) De- termining amounts to be provided on Forms 1099.

  • Lopez; Regina Wallace-Jones; Jaime Fontes; Rafael Alvarado; Patrick Heisinger; Rachel HorstSubject: Observations on the reviewed OPA ordinance (As revised Dec 4th 2021 "12_4_21-Revision")Date: Monday, December 6, 2021 12:59:10 AM Members of the city of EPA council and city staff, I read the updated document several times to the best level of my understanding.

  • The law is named after Maria da Penha Maia, whose ex-husband attempted to kill her twice, causing her to become paraplegic.

  • See, for example, paragraph (f)(2)(ii)(A)(4) of this section which requires a middleman to request additional information from the trust- ee when the total amount of WHFIT distributions attributable to a TIH equals zero or less.(2) Use of information provided by trust- ees under the safe harbor for NMWHFITs—(i) In general.


More Definitions of WHFIT

WHFIT. : means a “Widely Held Fixed Investment Trust” as that term is defined in Treasury Regulation Section 1.671-5(b)
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WHFIT. A "Widelx Xxxd Fixed Investment Trust" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. "WHFIT Regulations" Treasury Regulations section 1.671-5, as amended. "Written Order to Authenticate" A written order of the Depositor directing the Securities Administrator to execute, authenticate and deliver the Certificates.
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WHFIT means a "Widely Held Fixed Investment Trust" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. "WHFIT Regulations" shall mean Treasury Regulations section 1.671-5, as amended. The Paying Agent, in its discretion, will report required WHFIT information using either the cash or accrual method, except to the extent the WHFIT Regulations specifically require a different method. The Paying Agent will be under no obligation to determine whether any Certificateholder uses the cash or accrual method. The Paying Agent will make available WHFIT information to Certificateholders annually. In addition, the Paying Agent will not be responsible or liable for providing subsequently amended, revised or updated information to any Certificateholder, unless requested by the certificate holder. The Paying Agent shall not be liable for failure to meet the reporting requirements of the WHFIT Regulations nor for any penalties thereunder if such failure is due to: (i) the lack of reasonably necessary information being provided to the Paying Agent (and not otherwise in its possession), or (ii) incomplete, inaccurate or untimely information being provided to the Paying Agent. Each owner of a class of securities representing, in whole or in part, beneficial ownership of an interest in a WHFIT, by acceptance of its interest in such class of securities, will be deemed to have agreed to provide the Paying Agent with information regarding any sale of such securities, including the price, amount of proceeds and date of sale. To the extent required by the WHFIT Regulations, the Paying Agent will use reasonable efforts to publish on an appropriate website the CUSIPs for the certificates that represent ownership of a WHFIT. The CUSIPs so published will represent the Rule 144A CUSIPs. The Paying Agent will not publish any associated Reg S CUSIPs. The Paying Agent will make reasonable good faith efforts to keep the website accurate and updated to the extent CUSIPs have been received. Absent the receipt of a CUSIP, the Paying Agent will use a reasonable identifier number in lieu of a CUSIP. The Paying Agent will not be liable for investor reporting delays that result from the receipt of inaccurate or untimely CUSIP information. The Paying Agent shall be entitled to additional reasonable compensation for changes in reporting required in respect of the WHFIT Regulations that arise as a result of a change in the WHFIT Regulations or a change in interp...
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WHFIT. A "Widely Held Fixed Investment Trust" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions. WHFIT Regulations: Treasury Regulations section 1.671-5, as amended. Wells Fargo: Wells Fargo Bank, N.A., a national banking association, anx xxx successxxx xn interest.
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WHFIT has the meaning set forth in Section 12.5.
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WHFIT means a "Widely Held Fixed Inxxxxxent Trust" as that term is defined in Treasury Regulations section 1.671-5(b)(22) or successor provisions.
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Related to WHFIT

  • Compliant status achieved pursuant to this paragraph shall continue until NYISO takes the requested PAR tap, or the Parties agree that NYISO not taking the requested PAR tap is no longer preventing PJM from taking the PAR tap(s) (if any) PJM needs to achieve compliance at the JK interface. If PJM cannot take a required tap at a Waldwick PAR because the change would result in an actual or post-contingency overload on either or both of the JK lines, or on any of the Waldwick PARs, and the overload cannot be addressed through NYISO taking taps at ABC or Ramapo, then PJM will be considered “Compliant” at the JK interface until the condition is resolved. PJM will be responsible for demonstrating both the occurrence and duration of the condition.

  • Source is defined in Section 6.2.

  • Satellite Manufacturer means, with respect to any Satellite, the prime contractor and manufacturer of such Satellite.