Participating FFI group

FATCA

The term participating FFI group means an expanded affiliated group that includes one or more participating FFIs and meets the requirements of §1.1471-4(e)(1). The term participating FFI group also means an expanded affiliated group in which one or more members of the group is a reporting Model 1 FFI and each member of the group that is an FFI is a registered deemed-compliant FFI, nonreporting IGA FFI, limited FFI, or retirement fund described in §1.1471-6(f).

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