Nonreporting IGA FFI

FATCA

§1.1471-1(b)(83)

Nonreporting IGA FFI. The term nonreporting IGA FFI means an FFI that is a resident of, or located or established in, a Model 1 or Model 2 IGA jurisdiction, as the context requires, and that meets the requirements of one of the following–

(i) A nonreporting financial institution described in Annex II of the Model 1 IGA;

(ii) A nonreporting financial institution described in Annex II of the Model 2 IGA;

(iii) A registered deemed-compliant FFI described in §1.1471-5(f)(1)(i)(A) through (F);

 (iv) A certified deemed-compliant FFI described in §1.1471-5(f)(2)(i) through (v); or

(v) An exempt beneficial owner described in §1.1471-6.

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