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FormW8BENE(February 2014)Certificate of Status of Beneficial Owner for
United States Tax Withholding and Reporting (Entities)I I
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An participating ffi is a Foreign Financial Institution that has agreed to comply with the reporting requirements under the Foreign Account Tax Compliance Act (FATCA).
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Any Foreign Financial Institution that falls under the definition of an participating ffi as outlined by FATCA is required to file.
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The purpose of an participating ffi is to facilitate the exchange of information between foreign financial institutions and the IRS to prevent tax evasion.
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