PARTNERSHIP DETAILS FORM

Size: px
Start display at page:

Download "PARTNERSHIP DETAILS FORM"

Transcription

1 FOR USE IN SINGAPORE PARTNERSHIP DETAILS FORM IMPORTANT: ALL SECTIONS MUST BE COMPLETED Name of proposed new entity (if known) Name of applicant partnership Form of applicant partnership Partnership Limited liability partnership Limited partnership Other, provide details Date of formation Identification number (if applicable) Jurisdiction of formation VAT number or equivalent (if applicable) If formed under a UK jurisdiction, an LLP will be required under Part 21A of the Companies Act 2006 to maintain a Persons with Significant Control ("PSC") Register. Certain declarations will also need to be made to the UK registry. Ocorian will be requesting all salient confirmation from relevant owners and controllers, to enable us to satisfy this requirement. Separate UK legal advice should be taken by any prospective owners and controllers if they require any further clarification. Trading name (if applicable) Name of general partner (if applicable) If undertaking a regulated activity, name of regulator

2 2 Registered office address Mailing address(if different from registered office) Principal place of business (if different from registered office) Telephone number(s) for principal place of business: (including country code) Website address Details of any existing relationship(s) with Ocorian Nature of business activities (including the jurisdictions these are undertaken) ENTITY SELF-CERTIFICATION FOR FOREIGN TAX COMPLIANCE Following the introduction of the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) regulations we are required to collect certain information about each client for the purpose of identifying reportable accounts and ensuring, where necessary, that reporting is undertaken on a timely basis to the relevant tax authority. Please note that we will have to treat you as reportable if you do not complete, sign and return the selfcertification form. PART 1 - FATCA CLASSIFICATION If you are a Registered Financial Institution, please tick one of the boxes below: Participating Foreign Financial Institution Registered Deemed Compliant Foreign Financial Institution Reporting Model 1 Foreign Financial Institution Reporting Model 2 Foreign Financial Institution Please provide your Global Identification Number (GIIN): If you are a Financial Institution but unable to provide a GIIN, please tick one of the boxes below: The entity is a Model 1 FI and has not yet obtained a GIIN but intends to do so The entity is a Sponsored FI and has not yet obtained a GIIN but is sponsored by another entity that has registered Sponsoring Entity's name: GIIN: The entity is a Documented Trust 's name: GIIN: Certified Deemed Compliant Foreign Financial Institution Owner Documented Foreign Financial Institution Exempt Beneficial Owner

3 3 If you are not a Financial Institution, please confirm your status below: Passive Non Financial Foreign Entity Active Non Financial Foreign Entity US Institution Other: If you have confirmed that the Entity is a Passive Non-Financial Foreign Entity please provide details of the Controlling Persons by completing Part 3 of this form. PART 2 - CRS CLASSIFICATION Please provide your CRS classification by ticking the corresponding box(es) below. Please note, an Entity's CRS classification may not necessarily be the same as its classification for US FATCA purposes. If the Entity is a Financial Institution please tick this box and specify the type of Financial Institution below: Depository Institution Custodial Institution Investment Entity - within the meaning of Section VIII, A.6(a) of the CRS 'Managed' Investment Entity - within the meaning of Section VIII, A.6(b) of the CRS Specified Insurance Company If you have ticked the box for 'Managed' Investment Entity and the entity is resident in a Non- Participating Jurisdiction the Entity will be treated as a Passive Non-Financial Institution therefore please provide details of the Controlling Persons by completing Part 3 of this form. Non-Reporting CRS Financial Institution. Please specify the type below: Governmental Entity International Organisation Central Bank Broad Participation Retirement Fund Narrow Participation Retirement Fund Pension Fund of a Governmental Entity, International Organisation or Central Bank Exempt Collective Investment Vehicle Documented Trust Qualified Credit Card Issuer Other Entity defined under domestic law as low risk of being used to evade tax. Please specify the type: If the Entity is an Active Non-Financial Entity please tick this box If the Entity is a Passive Non-Financial Entity please tick this box If you have confirmed that the Entity is a Passive Non-Financial Entity please provide details of the Controlling Persons by completing Part 3 of this form (copy as required for further entries). PART 3 - CONTROLLING PERSONS Entities that are Passive NFFEs must complete this section to set out all their Controlling Persons 1

4 4 Legal Person Ownership Means Senior Managing Official Legal Arrangement - Settlor Legal Person Ownership Means Senior Managing Official Legal Arrangement - Settlor Legal Person Ownership Means Senior Managing Official Legal Arrangement - Settlor Legal Person Ownership Means Senior Managing Official Legal Arrangement - Settlor 1 The term Controlling Person means the natural persons who exercise control over an entity. For companies and similar legal persons, it depends on the ownership of the structure of the company and will include any person owning 25 per cent or more of the company (or legal person).

5 5 VERIFICATION DOCUMENTS Please note that the documents listed are required by Ocorian to verify the identity of the partnership. To meet regulatory requirements and/or to fully understand any relationship or transaction, Ocorian may need to request further information or documentation. If documents are not provided in a language easily understood in the Ocorian jurisdiction provide certified true translations. Ocorian can provide details on request. Please tick beside each required document to confirm that you have attached a copy: Partnerships which are regulated in Singapore or within an equivalent** jurisdiction: certified* copy of the regulatory licence or details of where this can be obtained online certified* list of partners and other signatories who are authorised to issue instructions or have ultimate effective control over the capital or assets of the partnership. All other partnerships: Please note that equivalent documents, extracts from registers or details of where the information can be sourced online are also acceptable. certified* list of partners and/or signatories who are authorised to issue instructions or have ultimate effective control over the capital or assets of the partnership. Alternatively, if a Singapore registered partnership, a profile obtained from ACRA's database certified* copy of the Certificate of Registration (if applicable and if not available online). Alternatively, if a Singapore registered partnership, a profile obtained from ACRA's database certified* copy of the latest Report and Accounts (audited if available) certified* copy of the Partnership Agreement to include any and all restatements completed "Company Details Form" for the general partner completed "Individual Details Form" for all directors of the general partner involved in the 'transaction' completed "Company Details Form" for each corporate partner holding an interest of 25% or more completed "Individual Details Form" for each individual partner and any other persons with a material controlling interest of 25% or more completed "Trust Details Form" where a trustee holds an interest of 25% or more In the case of a Singapore registered partnership, no Details Forms are required for entities holding an interest of 25% or more completed "Confirmation of Source of Funds Form" for each person providing funds structure chart dated and signed by an officer of the general partner Other than the parties mentioned above, will any other person natural or otherwise have a material controlling interest in the new entity or in the relationship with Ocorian, i.e. bank signatories, proxy holders? Yes No If 'yes' provide details of the names, means of control below and complete a Details Form for each.

6 6 CERTIFICATION FOR FOREIGN TAX COMPLIANCE I/We declare that the information provided on this form, to the best of my/our knowledge and belief, is correct and complete. I/We agree to submit a new form within 30 days if any certification made on this form becomes incorrect. Where legally obliged to do so, I/We hereby consent to the recipient sharing this information with the relevant tax authority. GENERAL DECLARATION The information given in this form and that contained in any attachments and supporting documents supplied is complete and accurate and we confirm that in completing this form we are acting as a principal and not as an agent or intermediary on behalf of others and are properly authorised to complete and sign this form on behalf of the partnership. The Partnership has never been declared bankrupt or similar in any part of the world, nor has it been involved with a company that has been the subject of a compulsory or insolvent liquidation or a judicial enquiry; it has never been convicted of an offence, censured, disciplined, publicly criticised or adversely commented upon or subject to any ongoing regulatory or legal action which may have an adverse impact on its reputation, character, financial integrity and reliability. The Partnership has never been involved in any activities connected directly or indirectly with drugs trafficking, terrorism, tax fraud or money laundering. The Partnership is compliant with its tax filing and reporting obligations. In addition, we consent to the disclosure of this information and any cover letter and attachments Ocorian Limited and other service companies owned by Ocorian and to third party intermediaries who are engaged to provide any services, government departments and regulatory authorities (including those relating to taxation laws and regulations of relevant jurisdictions). We will inform Ocorian as soon as possible of any changes provided in this form and of any changes to the circumstances that impact on this declaration. Authorised Signatory: Authorised Signatory: Date: Date: *CERTIFICATION REQUIREMENTS When providing any copy documents these must be certified by a third party who is subject to professional rules of conduct. Suitable certifiers are determined by local legislators and can therefore vary in each Ocorian jurisdiction. Examples include: a lawyer, notary public, actuary or accountant who is a member of a relevant professional body a member of the judiciary or a senior civil servant a serving police or customs officer an officer of an embassy, consulate or high commission of the country or territory of issue of documentary evidence of identity an individual who is a member of a professional body that sets and enforces ethical standards a director, officer or manager of a regulated financial services business in an equivalent** jurisdiction. Please ensure the required wording for the certification is copied onto the photocopy that is certified as follows; "I certify that I have seen the original document and that this extract of that document is an accurate copy. [Signature of certifier] [Name in block capitals] [Professional capacity] [Organisation] [Address] [Telephone number] [Date]"

7 **EQUIVALENT JURISDICTIONS BY OCORIAN OFFICE Argentina 1 Cayman Islands 6 Hong Kong Aruba 2 China 1 Hungary 5 Australia Croatia 13 Iceland Austria Cyprus 7 India 9 Bahamas 3 Czech Republic 8 Ireland Bahrain 4 Denmark Isle of Man 12 Barbados 4 Estonia 5 Israel 4 Bermuda 3 Finland Italy Belgium France Japan Brazil 1 Germany Jersey Bulgaria 5 Gibraltar 12 Latvia 5 BVI 4 Greece Liechtenstein 10 Canada Guernsey 12 Lithuania 5 *Excluding Aruba, Bonaire, Curaçao, Saba, Sint Eustatius & Sint Maarten 1 status in UK, Ireland, Singapore & Cayman 2 status in UK, Ireland & Singapore 3 status in Mauritius & Cayman only 4 status in Cayman only 5 Does not have equivalent status in Mauritius & Cayman 6 status in Jersey, Mauritius & Cayman only 7 Does not have equivalent status in Cayman 8 status in Jersey, UK, Ireland, Singapore & Lux only 9 Does not have equivalent status in Jersey, Cayman & Lux 10 Does not have equivalent status in Mauritius 11 status in Mauritius only 12 Does not have equivalent status in Lux 13 status in Lux only 14 Does not have equivalent status in Cayman or Lux 15 status in UK, Ireland, Singapore & Lux 16 status in UK, Ireland, Cayman, Singapore & Lux Luxembourg Malta Mexico 16 Netherlands* New Zealand Norway Panama 4 Poland 8 Portugal Republic of Korea 15 Romania 8 Russia 11 Singapore 7 Slovakia 8 Slovenia 8 South Africa 14 Spain Sweden Switzerland Turkey 16 United Arab Emirates 4 United Kingdom United States ADDITIONAL INFORMATION

COMPANY DETAILS FORM

COMPANY DETAILS FORM FOR USE IN MAURITIUS COMPANY DETAILS FORM IMPORTANT: ALL SECTIONS MUST BE COMPLETED Name of proposed new entity: (if known) Name of applicant company: Company type: (please tick one box) Quoted on a stock

More information

COMPANY DETAILS FORM

COMPANY DETAILS FORM FOR USE IN JERSEY COMPANY DETAILS FORM IMPORTANT: ALL SECTIONS MUST BE COMPLETED Name of proposed new entity: (if known) Name of applicant company: Company type: (please tick one box) Quoted on a stock

More information

TRUST AND SETTLEMENT DETAILS FORM

TRUST AND SETTLEMENT DETAILS FORM FOR USE IN CAYMAN, DUBLIN AND JERSEY TRUST AND SETTLEMENT DETAILS FORM IMPORTANT: ALL SECTIONS MUST BE COMPLETED Name of proposed new entity: (if known) Name of trust: Date trust established: Proper law

More information

Tax certification for Entities FATCA and CRS

Tax certification for Entities FATCA and CRS Schroder Investment Management Australia Limited Level 20, Angel Place 123 Pitt Street Sydney, NSW 2000 www.schroders.com.au AFSL 226473 ABN 22 000 443 274 Tax certification for Entities FATCA and CRS

More information

UPDATE. COMMON REPORTING STANDARD IN THE CAYMAN ISLANDS. What is CRS? Participating Jurisdictions

UPDATE.   COMMON REPORTING STANDARD IN THE CAYMAN ISLANDS. What is CRS? Participating Jurisdictions www.kensington-trust.com UPDATE COMMON REPORTING STANDARD IN THE CAYMAN ISLANDS The Cayman Islands Tax Information Authority (International Tax Compliance) (Common Reporting Standard) Regulations, 2015

More information

When will CbC reports need to be filled?

When will CbC reports need to be filled? Who will be subject to CbCR? Country by Country Reporting (CbCR) applies to multinational companies (MNCs) with a combined revenue of euros 750 million or more When will CbC reports need to be filled?

More information

THE COMMON REPORTING STANDARD ("CRS") UPDATE FOR OCORIAN CLIENTS

THE COMMON REPORTING STANDARD (CRS) UPDATE FOR OCORIAN CLIENTS JERSEY BRIEFING November 2015 THE COMMON REPORTING STANDARD ("CRS") UPDATE FOR OCORIAN CLIENTS At present 93 countries will implement CRS over a two year period commencing 1 January 2016. The CRS initiative

More information

Registration of Foreign Limited Partnerships in the Cayman Islands

Registration of Foreign Limited Partnerships in the Cayman Islands Registration of Foreign Limited Partnerships in the Cayman Islands Preface This publication has been prepared for the assistance of those who are considering registration of a foreign limited partnership

More information

TAXATION (IMPLEMENTATION) (CONVENTION ON MUTUAL ADMINISTRATIVE ASSISTANCE IN TAX MATTERS) (AMENDMENT OF REGULATIONS No. 3) (JERSEY) ORDER 2017

TAXATION (IMPLEMENTATION) (CONVENTION ON MUTUAL ADMINISTRATIVE ASSISTANCE IN TAX MATTERS) (AMENDMENT OF REGULATIONS No. 3) (JERSEY) ORDER 2017 Taxation (Implementation) (Convention on Mutual Regulations No. 3) (Jersey) Order 2017 Article 1 TAXATION (IMPLEMENTATION) (CONVENTION ON MUTUAL ADMINISTRATIVE ASSISTANCE IN TAX MATTERS) (AMENDMENT OF

More information

- Act Nr. XXXVII of 2013 on certain regulation connected with the international administrative cooperation on tax and other public burdens.

- Act Nr. XXXVII of 2013 on certain regulation connected with the international administrative cooperation on tax and other public burdens. Dear Customer, The Hungarian Parliament introduced the Common Reporting Standards, CRS on the automatic financial data exchange with the effect of 01.01.2016. The aim of the regulation is to hinder the

More information

Rev. Proc Implementation of Nonresident Alien Deposit Interest Regulations

Rev. Proc Implementation of Nonresident Alien Deposit Interest Regulations Rev. Proc. 2012-24 Implementation of Nonresident Alien Deposit Interest Regulations SECTION 1. PURPOSE Sections 1.6049-4(b)(5) and 1.6049-8 of the Income Tax Regulations, as revised by TD 9584, require

More information

IRS Reporting Rules. Reference Guide. serving the people who serve the world

IRS Reporting Rules. Reference Guide. serving the people who serve the world IRS Reporting Rules Reference Guide serving the people who serve the world The United States has and continues to maintain a policy of not taxing the deposit interest earned by United States (US) nonresidents

More information

SAINT CHRISTOPHER AND NEVIS STATUTORY RULES AND ORDERS. No. 32 of 2016

SAINT CHRISTOPHER AND NEVIS STATUTORY RULES AND ORDERS. No. 32 of 2016 1 SAINT CHRISTOPHER AND NEVIS STATUTORY RULES AND ORDERS No. 32 of 2016 Common Reporting Standard (Automatic Exchange of Financial Account Information) Regulations The Minister, in exercise of the powers

More information

FACT SHEET. Automatic exchange of information (AEOI)

FACT SHEET. Automatic exchange of information (AEOI) FACT SHEET Automatic exchange of information (AEOI) In a joint statement, a number of countries, including all major financial centres and Liechtenstein, have announced that they will introduce the new

More information

AUTOMATIC EXCHANGE OF INFORMATION (AEOI)

AUTOMATIC EXCHANGE OF INFORMATION (AEOI) AUTOMATIC EXCHANGE OF INFORMATION (AEOI) As the world becomes increasingly globalised, money can be transferred from one jurisdiction to another with ease. While this may help to facilitate trade and boost

More information

RECM GLOBAL FUND LIMITED Registration Number: SUBSCRIPTION AGREEMENT

RECM GLOBAL FUND LIMITED Registration Number: SUBSCRIPTION AGREEMENT RECM GLOBAL FUND LIMITED Registration Number: 44273 Registered Office: Ground Floor, Dorey Court, Admiral Park, St Peter Port, Guernsey, GY1 2HT Mailing Address: P.O. Box 156, Dorey Court, Admiral Park,

More information

CRS Form for Tax Residency Self Certification For Individuals, Joint Accounts (CRS I)

CRS Form for Tax Residency Self Certification For Individuals, Joint Accounts (CRS I) For Individuals, Joint Accounts (CRS I) Please read these instructions carefully before completing the form Chapter XIIA of Income Tax Rules, 2002 and Regulations based on the OECD Common Reporting Standard

More information

Approach to Employment Injury (EI) compensation benefits in the EU and OECD

Approach to Employment Injury (EI) compensation benefits in the EU and OECD Approach to (EI) compensation benefits in the EU and OECD The benefits of protection can be divided in three main groups. The cash benefits include disability pensions, survivor's pensions and other short-

More information

Summary of key findings

Summary of key findings 1 VAT/GST treatment of cross-border services: 2017 survey Supplies of e-services to consumers (B2C) (see footnote 1) Supplies of e-services to businesses (B2B) 1(a). Is a non-resident 1(b). If there is

More information

TAXATION (IMPLEMENTATION) (INTERNATIONAL TAX COMPLIANCE) (COMMON REPORTING STANDARD) (JERSEY) REGULATIONS 2015

TAXATION (IMPLEMENTATION) (INTERNATIONAL TAX COMPLIANCE) (COMMON REPORTING STANDARD) (JERSEY) REGULATIONS 2015 Arrangement TAXATION (IMPLEMENTATION) (INTERNATIONAL TAX COMPLIANCE) (COMMON REPORTING STANDARD) (JERSEY) REGULATIONS 2015 Arrangement Regulation 1 Interpretation... 3 2 Meaning of relevant date and relevant

More information

FACT SHEET. Automatic exchange of information (AEOI)

FACT SHEET. Automatic exchange of information (AEOI) FACT SHEET Automatic exchange of information (AEOI) In a joint statement, a number of countries, including all major financial centres and Liechtenstein, have announced that they will introduce the new

More information

OECD Common Reporting Standard Getting into the Detail STEP / GAT

OECD Common Reporting Standard Getting into the Detail STEP / GAT OECD Common Reporting Standard Getting into the Detail STEP / GAT Jo Huxtable Martin Popplewell 11 February 2016 Agenda Introduction CRS and the wider regulatory environment CRS latest developments and

More information

STANDARD FOR AUTOMATIC EXCHANGE OF FINANCIAL ACCOUNT INFORMATION. Philip Kerfs, OECD

STANDARD FOR AUTOMATIC EXCHANGE OF FINANCIAL ACCOUNT INFORMATION. Philip Kerfs, OECD STANDARD FOR AUTOMATIC EXCHANGE OF FINANCIAL ACCOUNT INFORMATION Philip Kerfs, OECD Overview Background, context and timeline The Standard: basic approach and key features Next steps: implementing the

More information

Convention on Mutual Administrative Assistance in Tax Matters as amended by the 2010 Protocol

Convention on Mutual Administrative Assistance in Tax Matters as amended by the 2010 Protocol European Treaty Series - No. 127 Convention on Mutual Administrative Assistance in Tax Matters as amended by the 2010 Protocol Strasbourg, 1.VI.2011 Annex B Competent authorities (*) States From A to F

More information

FATCA Update May 2014

FATCA Update May 2014 www.pwc.com The Basics Foreign Account Tax Compliance Act Purpose of Prevent and detect offshore tax evasion by US citizens Increased information reporting Enforced by withholding tax Effective begins

More information

Argentina Tax amnesty: the day after

Argentina Tax amnesty: the day after Argentina Tax amnesty: the day after Walter C. Keiniger December 2016 YES to amnesty: exchange of Information DTTs (Art. 26 OECD Model) Provisions or agreements signed by Argentina Bilateral Agreements

More information

Intercontinental Trust Ltd COMMON REPORTING STANDARD

Intercontinental Trust Ltd COMMON REPORTING STANDARD Intercontinental Trust Ltd COMMON REPORTING STANDARD 1 Conspectus The OECD, working in collaboration with G20 and in close co-operation with the EU, has developed a global standard for automatic exchange

More information

Attorneys at Law. 11th Annual International Estate Planning Institute New York City, 12 & 13 March 2015

Attorneys at Law. 11th Annual International Estate Planning Institute New York City, 12 & 13 March 2015 FATCA Implementation Attorneys at Law 11th Annual International Estate Planning Institute New York City, 12 & 13 March 2015 Presenters: Anthony Cetta: Citi Trust Wealth Planner, Citigroup (New York, NY)

More information

PENTA CLO 2 B.V. (the "Issuer")

PENTA CLO 2 B.V. (the Issuer) THIS NOTICE CONTAINS IMPORTANT INFORMATION OF INTEREST TO THE REGISTERED AND BENEFICIAL OWNERS OF THE NOTES (AS DEFINED BELOW). IF APPLICABLE, ALL DEPOSITARIES, CUSTODIANS AND OTHER INTERMEDIARIES RECEIVING

More information

Sole Proprietorship Partnership Society / Association / Incorporated Building Owners / Mutual Aid Committee

Sole Proprietorship Partnership Society / Association / Incorporated Building Owners / Mutual Aid Committee Hong To serve you with maximum efficiency, please refer to the details of the checklist and requirements guide below to open an account. Account Opening Checklist and Guide Standard Chartered is required

More information

Reporting practices for domestic and total debt securities

Reporting practices for domestic and total debt securities Last updated: 27 November 2017 Reporting practices for domestic and total debt securities While the BIS debt securities statistics are in principle harmonised with the recommendations in the Handbook on

More information

Global Forum on Transparency and Exchange of Information for Tax Purposes. Statement of Outcomes

Global Forum on Transparency and Exchange of Information for Tax Purposes. Statement of Outcomes Global Forum on Transparency and Exchange of Information for Tax Purposes Statement of Outcomes 1. On 25-26 October 2011, over 250 delegates from 84 jurisdictions and 9 international organisations and

More information

Foreign Account Tax Compliance Act (FATCA)

Foreign Account Tax Compliance Act (FATCA) Foreign Account Tax Compliance Act (FATCA) Andrea Garcia Castelao November 18, 2013 Foreign Account Tax Compliance Act (FATCA) 0 2013 Deloitte Tax LLP FATCA Update Final FATCA regulations were released

More information

Webinar: Common Reporting Standard. Game Plan for Compliance December 10, 2015

Webinar: Common Reporting Standard. Game Plan for Compliance December 10, 2015 Webinar: Common Reporting Standard Game Plan for Compliance December 10, 2015 Presenters Moderator: Sara Pereda Director DMS Offshore Investment Services Roman Ipfling Director DMS International Tax Compliance

More information

Convention on Mutual Administrative Assistance in Tax Matters

Convention on Mutual Administrative Assistance in Tax Matters Convention on Mutual Administrative Assistance in Tax Matters Strasbourg, 25.I.1988 Annex B Competent authorities (*) European Treaty Series - No. 127 States From A to F Albania Argentina Australia Austria

More information

TAX TRANSPARENCY THE NEW GLOBAL REPORTING STANDARD

TAX TRANSPARENCY THE NEW GLOBAL REPORTING STANDARD TAX TRANSPARENCY THE NEW GLOBAL REPORTING STANDARD 2 TAX TRANSPARENCY THE NEW GLOBAL REPORTING STANDARD A COMMON REPORTING STANDARD ACROSS THE WORLD The goalposts in international tax reporting are moving

More information

Double tax considerations on certain personal retirement scheme benefits

Double tax considerations on certain personal retirement scheme benefits www.pwc.com/mt The elimination of double taxation on benefits paid out of certain Maltese personal retirement schemes February 2016 Double tax considerations on certain personal retirement scheme benefits

More information

MEXICO - INTERNATIONAL TAX UPDATE -

MEXICO - INTERNATIONAL TAX UPDATE - TTN Conference May 2017 MEXICO - INTERNATIONAL TAX UPDATE - Arturo G. Brook Main Taxes Income Tax Value Added Tax Others Agenda DTTs and TIEAs FATCA (IGA) and CRS Choice of Vehicles Income Tax - General

More information

Guide to Treatment of Withholding Tax Rates. January 2018

Guide to Treatment of Withholding Tax Rates. January 2018 Guide to Treatment of Withholding Tax Rates Contents 1. Introduction 1 1.1. Aims of the Guide 1 1.2. Withholding Tax Definition 1 1.3. Double Taxation Treaties 1 1.4. Information Sources 1 1.5. Guide Upkeep

More information

A guide to FACTA and the new Common Reporting Standard. For advisers use only.

A guide to FACTA and the new Common Reporting Standard. For advisers use only. A guide to FACTA and the new Common Reporting Standard For advisers use only. Contents 01 Introduction 01 Background 02 How are we complying with FACTA in the UK? 02 How are we complying with FACTA in

More information

TAXATION OF TRUSTS IN ISRAEL. An Opportunity For Foreign Residents. Dr. Avi Nov

TAXATION OF TRUSTS IN ISRAEL. An Opportunity For Foreign Residents. Dr. Avi Nov TAXATION OF TRUSTS IN ISRAEL An Opportunity For Foreign Residents Dr. Avi Nov Short Bio Dr. Avi Nov is an Israeli lawyer who represents taxpayers, individuals and entities. Areas of Practice: Tax Law,

More information

CRS Self-Certification Form for Controlling Persons

CRS Self-Certification Form for Controlling Persons Instructions Please read these instructions carefully before completing the form. Citi offices located in countries that have adopted the Common Reporting Standard (CRS) are required to collect certain

More information

COSTAS TSIELEPIS & CO LTD

COSTAS TSIELEPIS & CO LTD COSTAS TSIELEPIS & CO LTD TAX UPDATE Authored By: ALEXIS TSIELEPIS, Director, Head of Taxation VOLUME 5, ISSUE 2 knowledge Facts, information and skills acquired through experience or education; the theoretical

More information

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%)

Double Tax Treaties. Necessity of Declaration on Tax Beneficial Ownership In case of capital gains tax. DTA Country Withholding Tax Rates (%) Double Tax Treaties DTA Country Withholding Tax Rates (%) Albania 0 0 5/10 1 No No No Armenia 5/10 9 0 5/10 1 Yes 2 No Yes Australia 10 0 15 No No No Austria 0 0 10 No No No Azerbaijan 8 0 8 Yes No Yes

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 3/7/2018 Imports by Volume (Gallons per Country) YTD YTD Country 01/2017 01/2018 % Change 2017 2018 % Change MEXICO 54,235,419 58,937,856 8.7 % 54,235,419 58,937,856 8.7 % NETHERLANDS 12,265,935 10,356,183

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 5/4/2016 Imports by Volume (Gallons per Country) YTD YTD Country 03/2015 03/2016 % Change 2015 2016 % Change MEXICO 53,821,885 60,813,992 13.0 % 143,313,133 167,568,280 16.9 % NETHERLANDS 11,031,990 12,362,256

More information

Organisation de Coopération et de Développement Économiques Organisation for Economic Co-operation and Development

Organisation de Coopération et de Développement Économiques Organisation for Economic Co-operation and Development Unclassified English/French Unclassified Organisation de Coopération et de Développement Économiques Organisation for Economic Co-operation and Development 25-Sep-2009 English/French COUNCIL Council DECISION

More information

a closer look GLOBAL TAX WEEKLY ISSUE 249 AUGUST 17, 2017

a closer look GLOBAL TAX WEEKLY ISSUE 249 AUGUST 17, 2017 GLOBAL TAX WEEKLY a closer look ISSUE 249 AUGUST 17, 2017 SUBJECTS TRANSFER PRICING INTELLECTUAL PROPERTY VAT, GST AND SALES TAX CORPORATE TAXATION INDIVIDUAL TAXATION REAL ESTATE AND PROPERTY TAXES INTERNATIONAL

More information

APA & MAP COUNTRY GUIDE 2017 DENMARK

APA & MAP COUNTRY GUIDE 2017 DENMARK APA & MAP COUNTRY GUIDE 2017 DENMARK Managing uncertainty in the new tax environment DENMARK KEY FEATURES Competent authority Danish Tax Office ( SKAT ) APA provisions/ guidance Types of APAs available

More information

Continuing obligations of a Cayman Islands exempted limited partnership closed-ended fund

Continuing obligations of a Cayman Islands exempted limited partnership closed-ended fund Legal Guide Continuing obligations of a Cayman Islands exempted limited partnership closed-ended fund Part A Investment fund obligations Note in particular that penalties frequently apply for late filings

More information

55/2005 and 78/2005 Convention on automatic exchange of information

55/2005 and 78/2005 Convention on automatic exchange of information INCOME TAX TREATIES AND AGREEMENTS ON THE TAXATION OF INCOME FROM SAV- INGS (IN FORCE, SIGNED, INITIALLED OR IN NEGOTIATING PROCESS, SITUATION ON 25th April 2018) Country Year of conclusion Number in the

More information

ANTI-MONEY LAUNDERING SUPPLEMENT

ANTI-MONEY LAUNDERING SUPPLEMENT ANTI-MONEY LAUNDERING SUPPLEMENT A. IDENTIFICATION INFORMATION FOR [SUBSCRIBER NAME] I INDIVIDUALS: Please complete Appendix 1. If the investment is to be registered under more than one person s name,

More information

FATCA: The final regulations have landed let the games begin

FATCA: The final regulations have landed let the games begin FATCA: The final regulations have landed let the games begin By Anthony Quinn In January the United States Treasury Department released the final regulations relating to the U.S. Foreign Account Tax Compliance

More information

Source of wealth guidelines

Source of wealth guidelines For use in Singapore only Source of wealth guidelines Our application forms contain a section called source of wealth which needs to be completed to give us information on where the income your client

More information

Foreign Account Tax Compliance Act (FATCA)

Foreign Account Tax Compliance Act (FATCA) Foreign Account Tax Compliance Act (FATCA) Impact Assessment on the Financial Services (Banking and Insurance) sectors and businesses in Trinidad and Tobago Presentation by the Bankers Association of Trinidad

More information

GENERAL ANTI AVOIDANCE RULE RECENT CASE LAW IN ARGENTINA

GENERAL ANTI AVOIDANCE RULE RECENT CASE LAW IN ARGENTINA GENERAL ANTI AVOIDANCE RULE RECENT CASE LAW IN ARGENTINA Leandro M. Passarella Passarella Abogados TTN Conferences Latin America 2014 Buenos Aires November 17, 2014 Background Past structures Case Law

More information

CRS Self-Certification Form for Entities

CRS Self-Certification Form for Entities Instructions Please read these instructions carefully before completing this form. Citi offices located in countries that have adopted the Common Reporting Standard (CRS) are required to collect certain

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 4/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 02/2017 02/2018 % Change 2017 2018 % Change MEXICO 53,961,589 55,268,981 2.4 % 108,197,008 114,206,836 5.6 % NETHERLANDS 12,804,152 11,235,029

More information

% 38, % 40, % 2,611 2,

% 38, % 40, % 2,611 2, 3 DECEMBER 6 OPEN ENDED Number of Net Value of Number of Total Value Total Value Net New Date Authorised/Registered Schemes Registered of Sales of Repurchases Investment Schemes ( mn) Holders ( mn) ( mn)

More information

FATCA, an American law applied starting July 1 st, 2014 to fight offshore tax evasion by US Taxpayers

FATCA, an American law applied starting July 1 st, 2014 to fight offshore tax evasion by US Taxpayers Communication on June 19 th 2014 last update: July 23 rd 2018 FATCA, an American law applied starting July 1 st, 2014 to fight offshore tax evasion by US Taxpayers Goal and legal framework of FATCA The

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 10/5/2017 Imports by Volume (Gallons per Country) YTD YTD Country 08/2016 08/2017 % Change 2016 2017 % Change MEXICO 51,349,849 67,180,788 30.8 % 475,806,632 503,129,061 5.7 % NETHERLANDS 12,756,776 12,954,789

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 7/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 05/2017 05/2018 % Change 2017 2018 % Change MEXICO 71,166,360 74,896,922 5.2 % 302,626,505 328,397,135 8.5 % NETHERLANDS 12,039,171 13,341,929

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 1/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 11/2016 11/2017 % Change 2016 2017 % Change MEXICO 50,994,409 48,959,909 (4.0)% 631,442,105 657,851,150 4.2 % NETHERLANDS 9,378,351 11,903,919

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 11/2/2018 Imports by Volume (Gallons per Country) YTD YTD Country 09/2017 09/2018 % Change 2017 2018 % Change MEXICO 49,299,573 57,635,840 16.9 % 552,428,635 601,679,687 8.9 % NETHERLANDS 11,656,759 13,024,144

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 12/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 10/2017 10/2018 % Change 2017 2018 % Change MEXICO 56,462,606 60,951,402 8.0 % 608,891,240 662,631,088 8.8 % NETHERLANDS 11,381,432 10,220,226

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 10/5/2018 Imports by Volume (Gallons per Country) YTD YTD Country 08/2017 08/2018 % Change 2017 2018 % Change MEXICO 67,180,788 71,483,563 6.4 % 503,129,061 544,043,847 8.1 % NETHERLANDS 12,954,789 12,582,508

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 2/6/2019 Imports by Volume (Gallons per Country) YTD YTD Country 11/2017 11/2018 % Change 2017 2018 % Change MEXICO 48,959,909 54,285,392 10.9 % 657,851,150 716,916,480 9.0 % NETHERLANDS 11,903,919 10,024,814

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 3/6/2019 Imports by Volume (Gallons per Country) YTD YTD Country 12/2017 12/2018 % Change 2017 2018 % Change MEXICO 54,169,734 56,505,154 4.3 % 712,020,884 773,421,634 8.6 % NETHERLANDS 11,037,475 8,403,018

More information

Q&A. 1. Q: Why did the company feel the need to move to Ireland?

Q&A. 1. Q: Why did the company feel the need to move to Ireland? Q&A 1. Q: Why did the company feel the need to move to Ireland? A: As we continue to grow the international portion of our business, we believe that moving to a member state of the European Union (EU)

More information

FATCA Update: Final Regulations, IGAs and their Impact on Trusts and Trust Companies

FATCA Update: Final Regulations, IGAs and their Impact on Trusts and Trust Companies FATCA Update: Final Regulations, IGAs and their Impact on Trusts and Trust Companies June 2013 Background On March 18, 2010, President Obama signed the Hiring Incentives to Restore Employment Act of 2010

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 2/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 12/2016 12/2017 % Change 2016 2017 % Change MEXICO 50,839,282 54,169,734 6.6 % 682,281,387 712,020,884 4.4 % NETHERLANDS 10,630,799 11,037,475

More information

KPMG s Individual Income Tax and Social Security Rate Survey 2009 TAX

KPMG s Individual Income Tax and Social Security Rate Survey 2009 TAX KPMG s Individual Income Tax and Social Security Rate Survey 2009 TAX B KPMG s Individual Income Tax and Social Security Rate Survey 2009 KPMG s Individual Income Tax and Social Security Rate Survey 2009

More information

INTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING FOR SEAFARERS (STCW), 1978, AS AMENDED

INTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING FOR SEAFARERS (STCW), 1978, AS AMENDED E 4 ALBERT EMBANKMENT LONDON SE 7SR Telephone: +44 (0)20 7735 76 Fax: +44 (0)20 7587 320 MSC./Circ.64/Rev.5 7 June 205 INTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING

More information

Total Imports by Volume (Gallons per Country)

Total Imports by Volume (Gallons per Country) 6/6/2018 Imports by Volume (Gallons per Country) YTD YTD Country 04/2017 04/2018 % Change 2017 2018 % Change MEXICO 60,968,190 71,994,646 18.1 % 231,460,145 253,500,213 9.5 % NETHERLANDS 13,307,731 10,001,693

More information

Vinodh & Muthu. Tax Alert. Insight. Chartered Accountants. Country by Country Reporting & Master File

Vinodh & Muthu. Tax Alert. Insight. Chartered Accountants. Country by Country Reporting & Master File Vinodh & Muthu Chartered Accountants Tax Alert Country by Country Reporting & Master File Insight The Organisation for Economic Cooperation and Development ( OECD ) report on Action 13 of Base Erosion

More information

Alter Domus LUXEMBOURG

Alter Domus LUXEMBOURG WE RE WHERE YOU NEED US. Alter Domus is a fully integrated Fund and Corporate services provider, dedicated to international private equity & infrastructure houses, real estate firms, multinationals, private

More information

Argentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile

Argentina Bahamas Barbados Bermuda Bolivia Brazil British Virgin Islands Canada Cayman Islands Chile Americas Argentina (Banking and finance; Capital markets: Debt; Capital markets: Equity; M&A; Project Bahamas (Financial and corporate) Barbados (Financial and corporate) Bermuda (Financial and corporate)

More information

Spain France. England Netherlands. Wales Ukraine. Republic of Ireland Czech Republic. Romania Albania. Serbia Israel. FYR Macedonia Latvia

Spain France. England Netherlands. Wales Ukraine. Republic of Ireland Czech Republic. Romania Albania. Serbia Israel. FYR Macedonia Latvia Germany Belgium Portugal Spain France Switzerland Italy England Netherlands Iceland Poland Croatia Slovakia Russia Austria Wales Ukraine Sweden Bosnia-Herzegovina Republic of Ireland Czech Republic Turkey

More information

Tax Newsflash January 31, 2014

Tax Newsflash January 31, 2014 Tax Newsflash January 31, 2014 Luxembourg s New Double Tax Treaties As of 1 January 2014, Luxembourg further enlarged its double tax treaty network with the entry into force of the new double tax treaties

More information

Corrigendum. OECD Pensions Outlook 2012 DOI: ISBN (print) ISBN (PDF) OECD 2012

Corrigendum. OECD Pensions Outlook 2012 DOI:   ISBN (print) ISBN (PDF) OECD 2012 OECD Pensions Outlook 2012 DOI: http://dx.doi.org/9789264169401-en ISBN 978-92-64-16939-5 (print) ISBN 978-92-64-16940-1 (PDF) OECD 2012 Corrigendum Page 21: Figure 1.1. Average annual real net investment

More information

Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems. 5 October 2017

Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems. 5 October 2017 Open Day 2017 Clearstream execution-to-custody integration Valentin Nehls / Jan Willems 5 October 2017 Deutsche Börse Group 1 Settlement services: single point of access to cost-effective, low risk and

More information

INTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING FOR SEAFARERS (STCW), 1978, AS AMENDED

INTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING FOR SEAFARERS (STCW), 1978, AS AMENDED E 4 ALBERT EMBANKMENT LONDON SE1 7SR Telephone: +44 (0)20 7735 711 Fax: +44 (0)20 7587 3210 1 January 2019 INTERNATIONAL CONVENTION ON STANDARDS OF TRAINING, CERTIFICATION AND WATCHKEEPING FOR SEAFARERS

More information

STOXX EMERGING MARKETS INDICES. UNDERSTANDA RULES-BA EMERGING MARK TRANSPARENT SIMPLE

STOXX EMERGING MARKETS INDICES. UNDERSTANDA RULES-BA EMERGING MARK TRANSPARENT SIMPLE STOXX Limited STOXX EMERGING MARKETS INDICES. EMERGING MARK RULES-BA TRANSPARENT UNDERSTANDA SIMPLE MARKET CLASSIF INTRODUCTION. Many investors are seeking to embrace emerging market investments, because

More information

Update on Jurisdictions Treated as Having an IGA in Effect and on FATCA Financial Institution Registration

Update on Jurisdictions Treated as Having an IGA in Effect and on FATCA Financial Institution Registration Part IV Items of General Interest Update on Jurisdictions Treated as Having an IGA in Effect and on FATCA Financial Institution Registration Announcement 2014-17 Since the 2012 release of the Model 1 and

More information

GUERNSEY. Sections 75C and 75CC of the Income Tax (Guernsey) Law, 1975

GUERNSEY. Sections 75C and 75CC of the Income Tax (Guernsey) Law, 1975 GUERNSEY Sections 75C and 75CC of the Income Tax (Guernsey) Law, 1975 75C. Notices under section 75A and 75B: requests for information. 75CC. Implementation of approved international agreements by regulation.

More information

Non-XIS Return for 2016: Business not processed through Xchanging or via the Lloyd s Direct Reporting process

Non-XIS Return for 2016: Business not processed through Xchanging or via the Lloyd s Direct Reporting process market bulletin Ref: Y5045 Title Non-XIS Return for 2016: Business not processed through Xchanging or via the Lloyd s Direct Reporting process Purpose To arrange the collection of all premiums and claims

More information

Cayman Islands - FATCA and CRS Top tips & pitfalls to avoid in 2018

Cayman Islands - FATCA and CRS Top tips & pitfalls to avoid in 2018 Cayman Islands - FATCA and CRS Top tips & pitfalls to avoid in 018 In this article we share our tips for reporting success for a Cayman Investment Entity Financial Institution (FI) and common pitfalls

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - APRIL 2017 (PRELIMINARY DATA) In the period January - April 2017 Bulgarian exports to the EU increased by 8.6% 2016 and amounted to 10 418.6 Million BGN

More information

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA)

BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA) BULGARIAN TRADE WITH EU IN THE PERIOD JANUARY - MAY 2017 (PRELIMINARY DATA) In the period January - May 2017 Bulgarian exports to the EU increased by 10.8% 2016 and added up to 13 283.0 Million BGN (Annex,

More information

Global Tax Reset Transfer Pricing Documentation Summary. February 2018

Global Tax Reset Transfer Pricing Documentation Summary. February 2018 Global Tax Reset Transfer Pricing Summary February 2018 Global Tax Reset Transfer Pricing Summary Overview The Global Tax Reset Transfer Pricing Summary ( Guide ) compiles essential country-by-country

More information

TAX ALERT RESTRICTION OF THE TERRITORIAL SCOPE OF THE RELIBI REGIME MARCH

TAX ALERT RESTRICTION OF THE TERRITORIAL SCOPE OF THE RELIBI REGIME MARCH TAX ALERT RESTRICTION OF THE TERRITORIAL SCOPE OF THE RELIBI REGIME MARCH - 2017 ã 2017 I. INTRODUCTION : THE RELIBI REGIME The RELIBI ( Retenue à la source libératoire ) law of 23 December 2005 introduced

More information

The Global Tax Reset 2017 Audit Committee Symposium

The Global Tax Reset 2017 Audit Committee Symposium The Global Tax Reset Copyright 2017 Deloitte Development LLC. All rights reserved. 2017 Audit Committee Symposium Anticipate. Navigate. Focus. 1 The Global Tax Reset General context Multinational companies

More information

Information Leaflet No. 5

Information Leaflet No. 5 Information Leaflet No. 5 REGISTRATION OF EXTERNAL COMPANIES INFORMATION LEAFLET NO. 5 / May 2017 1. INTRODUCTION An external (foreign) limited company registered abroad may establish a branch in the State.

More information

FOREIGN ACTIVITY REPORT

FOREIGN ACTIVITY REPORT FOREIGN ACTIVITY REPORT SECOND QUARTER 2012 TABLE OF CONTENTS Table of Contents... i All Securities Transactions... 2 Highlights... 2 U.S. Transactions in Foreign Securities... 2 Foreign Transactions in

More information

Malta Country Profile

Malta Country Profile Malta Country Profile EU Tax Centre June 2017 Key tax factors for efficient cross-border business and investment involving Malta EU Member State Yes. Double Tax Treaties With: Albania Australia Austria

More information

Offshore financial centers in the Caribbean: How do U.S. banks benefit?

Offshore financial centers in the Caribbean: How do U.S. banks benefit? Offshore financial centers in the Caribbean: How do U.S. banks benefit? Michael Brei University Paris Ouest (France) & SALISES, UWI (Trinidad & Tobago) Motivation (I) - The decision of a country not to

More information

The current state of ICOs

The current state of ICOs The current state of ICOs A concise overview of ICO overall developments, regions, raised capital and the biggest projects Contents Preface... 2 1. Current ICO developments in Q1 2018... 3 1.1 Raised ICO

More information

FATCA: Developments & perspectives

FATCA: Developments & perspectives FATCA: Developments & perspectives Automatic Exchange of Information 22 May 2014 FATCA evolves into CRS a multilateral automatic exchange of information 2010 The Foreign Account Tax Compliance Act (FATCA)

More information

FATCA: THE 2014 HORIZON

FATCA: THE 2014 HORIZON FATCA: THE 2014 HORIZON Breakout Session 5C FIBA 2014 AML Compliance Conference February 21, 2014 Gabriel Caballero, Esq. Gunster, Yoakley & Stewart, P.A. 2 South Biscayne Boulevard Suite #3400 Miami,

More information

Global Business Barometer April 2008

Global Business Barometer April 2008 Global Business Barometer April 2008 The Global Business Barometer is a quarterly business-confidence index, conducted for The Economist by the Economist Intelligence Unit What are your expectations of

More information