Income Tax (International Tax Compliance Agreements) (United States of America) Regulations 2020
Table of Contents
Enacting Formula
Part 1 PRELIMINARY
1 Citation and commencement
2 Implementation of Agreement
3 General definitions
4 Meanings of "financial institution" and "reporting Singaporean financial institution"
5 Meaning of "custodial institution"
6 Meaning of "depository institution"
7 Meaning of "investment entity"
8 Meaning of "specified insurance company"
Part 2 OBLIGATIONS IN RELATION TO FINANCIAL ACCOUNTS
9 Identification obligation
10 Reporting obligation
Part 3 OBLIGATIONS IN RELATION TO PAYMENTS TO NON‑PARTICIPATING FINANCIAL INSTITUTION
11 Identification and disclosure obligations
Part 4 NON‑REPORTING SINGAPOREAN FINANCIAL INSTITUTIONS, EXEMPT BENEFICIAL OWNERS AND EXCLUDED ACCOUNTS
12 Non‑reporting Singaporean financial institutions and exempt beneficial owners
13 Accounts that are not U.S. reportable accounts
THE SCHEDULE Agreement between the Government of the Republic of Singapore and the Government of the United States of America to Improve International Tax Compliance and to Implement FATCA