Example: tourism industry

Accounts Chapter

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Qualified Intermediary Agreement SECTION 1. PURPOSE

Qualified Intermediary Agreement SECTION 1. PURPOSE

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accounts. A QI that is a reporting Model 1 FFI or a registered deemed-compliant Model 1 IGA FFI will satisfy its requirement to withhold under section 1471(a) on withholdable payments made to accounts held by entities by withholding on accounts that the FFI …

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