Certified deemed-compliant FFI


§1.1471-5(f)(2). A certified deemed-compliant FFI means a FFI described in any of paragraphs (f)(2)(i) through (v) of this section that has certified as to its status as a deemed-compliant FFI by providing a withholding agent with the documentation described in §1.1471-3(d)(6) applicable to the relevant deemed-compliant category.

A certified deemed-compliant FFI also includes a non-reporting FFI under a Model 1 IGA and a non-reporting FFI treated as a certified deemed-compliant FFI under a Model 2 IGA. A certified deemed-compliant FFI is not required to register with the IRS.

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