4. Article

1. a)) identificē kontus, par kuriem jāsniedz ziņojumi ASV, un
2. a)) The term "United States" means the United
3. b)) The term "U.S. Territory" means American
4. b)) reizi gadā sniedz ziņojumus Latvijas kompetentajai iestādei
5. c)) The term "IRS" means the U.S. Internal
6. c)) nodrošina atbilstību piemērojamām reģistrācijas prasībām,
7. d)) The term "Latvia" means the Republic of
8. d)) ja Latvijas finanšu iestāde, kas sniedz ziņojumus, i)
9. e)) The term "Partner Jurisdiction" means a
10. f)) The term "Competent Authority" means:
11. (1)) in the case of the United States, the Secretary of the
12. (2)) in the case of Latvia, the Ministry of Finance or its
13. g)) The term "Financial Institution" means a
14. h)) The term "Custodial Institution" means any
15. i)) The term "Depository Institution" means
16. j)) The term "Investment Entity" means any
17. (1)) trading in money market instruments (cheques, bills,
18. (2)) individual and collective portfolio management; or
19. (3)) otherwise investing, administering, or managing funds or
20. k)) The term "Specified Insurance Company"
21. l)) The term "Latvian Financial Institution"
22. m)) The term "Partner Jurisdiction Financial
23. n)) The term "Reporting Financial Institution"
24. o)) The term "Reporting Latvian Financial
25. p)) The term "Reporting U.S. Financial
26. (1)) in the case of an Entity that is a Financial Institution
27. (2)) in the case of a Financial Institution not described in
28. (3)) any Cash Value Insurance Contract and any Annuity Contract
29. z)) The term "Cash Value" means the greater of
30. (1)) a personal injury or sickness benefit or other benefit
31. (2)) a refund to the policyholder of a previously paid premium
32. (3)) a policyholder dividend based upon the underwriting
33. a)) In the case of Latvia with respect to each U.S. Reportable
34. (1)) the name, address, and U.S. TIN of each Specified U.S.
35. (2)) the account number (or functional equivalent in the
36. (3)) the name and identifying number of the Reporting Latvian
37. (4)) the account balance or value (including, in the case of a
38. (5)) in the case of any Custodial Account:
39. (6)) in the case of any Depository Account, the total gross
40. (7)) in the case of any account not described in subparagraph
41. b)) In the case of the United States, with respect to each
42. (1)) the name, address, and Latvian TIN of any person that is a
43. (2)) the account number (or the functional equivalent in the
44. (3)) the name and identifying number of the Reporting U.S.
45. (4)) the gross amount of interest paid on a Depository
46. (5)) the gross amount of U.S. source dividends paid or credited
47. (6)) the gross amount of other U.S. source income paid or
48. a)) In the case of Latvia:
49. (1)) the information to be obtained and exchanged with respect
50. (2)) the information to be obtained and exchanged with respect
51. (3)) the information to be obtained and exchanged with respect
52. b)) In the case of the United States, the information to be
53. a)) establish the procedures for the automatic exchange
54. b)) prescribe rules and procedures as may be necessary to
55. c)) establish as necessary procedures for the exchange of the
56. a)) identifies U.S. Reportable Accounts and reports annually to
57. b)) for each of 2015 and 2016, reports annually to the Latvian
58. c)) complies with the applicable registration requirements on
59. d)) to the extent that a Reporting Latvian Financial
60. e)) in the case of a Reporting Latvian Financial Institution
61. a)) the Latvian Financial Institution treats each such Related
62. b)) each such Related Entity or branch identifies its U.S.
63. c)) such Related Entity or branch does not specifically solicit
64. a)) Latvia shall not be obligated to obtain and exchange
65. b)) Latvia shall not be obligated to begin exchanging
66. c)) the United States shall not be obligated to obtain and
67. d)) the United States shall not be obligated to begin
68. a)) A Competent Authority shall notify the Competent Authority
69. b)) If, in the case of a Reporting Latvian Financial
70. a)) The United States commits to establish, by January 1, 2017,
71. b)) Latvia commits to establish, by January 1, 2017, for
72. a)) Identification of the Account Holder as a U.S. citizen or
73. b)) Unambiguous indication of a U.S. place of birth;
74. c)) Current U.S. mailing or residence address (including a U.S.
75. d)) Current U.S. telephone number;
76. e)) Standing instructions to transfer funds to an account
77. f)) Currently effective power of attorney or signatory
78. g)) An "in-care-of' or "hold mail" address
79. a)) Where the Account Holder information unambiguously
80. (1)) A self-certification that the Account Holder is neither a
81. (2)) A non-U.S. passport or other government-issued
82. (3)) A copy of the Account Holder's Certificate of Loss of
83. b)) Where the Account Holder information contains a current
84. (1)) A self-certification that the Account Holder is neither a
85. (2)) Documentary evidence, as defined in paragraph D of section
86. c)) Where the Account Holder information contains standing
87. (1)) A self-certification that the Account Holder is neither a
88. (2)) Documentary evidence, as defined in paragraph D of section
89. d)) Where the Account Holder information contains a currently
90. (1)) A self-certification that the Account Holder is neither a
91. (2)) Documentary evidence, as defined in paragraph D of section
92. a)) The most recent documentary evidence collected with respect
93. b)) The most recent account opening contract or
94. c)) The most recent documentation obtained by the Reporting
95. d)) Any power of attorney or signature authority forms
96. e)) Any standing instructions to transfer funds currently in
97. a)) The Account Holder's nationality or residence
98. b)) The Account Holder's residence address and mailing
99. c)) The Account Holder's telephone number(s) currently on
100. d)) Whether there are standing instructions to transfer funds
101. e)) Whether there is a current "in-care-of' address or
102. f)) Whether there is any power of attorney or signatory
103. a)) If none of the U.S. indicia listed in subparagraph B(l) of
104. b)) If any of the U.S. indicia listed in subparagraph B(l) of
105. c)) Except for Depository Accounts described in subparagraph
106. a)) Review information maintained for regulatory or customer
107. b)) If the information indicates that the Account Holder is a
108. a)) Review information maintained for regulatory or customer
109. b)) If the information indicates that the Account Holder is a
110. a)) Subject to subparagraph D(3)(b) of this section, a
111. b)) If the Account Holder is a Latvian Financial Institution or
112. c)) If the Account Holder is not a Latvian Financial
113. (1)) Obtains a self-certification (which may be on an IRS Form
114. (2)) In the case of a participating FFI or registered
115. a)) For purposes of determining the Controlling Persons of an
116. b)) For purposes of determining whether the Account Holder is a
117. c)) For purposes of determining whether a Controlling Person of
118. (1)) Information collected and maintained pursuant to AML/KYC
119. (2)) A self-certification (which may be on an IRS Form W-8 or
120. d)) If any Controlling Person of a Passive NFFE is a U.S.
121. a)) If the Account Holder is a Specified U.S. Person,
122. b)) If the Account Holder is a Passive NFFE, the
123. c)) If the Account Holder is: (i) a U.S. Person that is not a
124. d)) If the Account Holder is a Nonparticipating Financial
125. a)) Less than 50 percent of the NFFE's gross income for the
126. b)) The stock of the NFFE is regularly traded on an established
127. c)) The NFFE is organized in a U.S. Territory and all of the
128. d)) The NFFE is a government (other than the U.S. government),
129. e)) Substantially all of the activities of the NFFE consist of
130. f)) The NFFE is not yet operating a business and has no prior
131. g)) The NFFE was not a Financial Institution in the past five
132. h)) The NFFE primarily engages in financing and hedging
133. i)) The NFFE is an "excepted NFFE" as described in
134. j)) The NFFE meets all of the following requirements:
135. a)) The Entity is wholly owned and controlled by one or more
136. b)) The Entity's net earnings are credited to its own
137. a)) The fund is generally exempt from tax in Latvia on
138. b)) The fund receives at least 50 percent of its total
139. c)) Distributions or withdrawals from the fimd are allowed only
140. d)) Contributions (other than certain permitted make-up
141. a)) The sponsoring entity is authorized to act on behalf of the
142. b)) The sponsoring entity has registered as a sponsoring entity
143. c)) If the sponsoring entity identifies any U.S. Reportable
144. d)) The sponsoring entity agrees to perform, on behalf of the
145. e)) The sponsoring entity identifies the Financial Institution
146. f)) The sponsoring entity has not had its status as a sponsor
147. a)) The sponsoring entity has registered as a sponsoring entity
148. b)) The sponsoring entity agrees to perform, on behalf of the
149. c)) The sponsoring entity identifies the Financial Institution
150. d)) The sponsoring entity has not had its status as a sponsor
151. a)) An Investment Entity established in a Partner Jurisdiction
152. b)) An Investment Entity that is a qualified collective
153. a)) The account is subject to regulation as a personal
154. b)) The account is tax-favored (i.e., contributions to
155. c)) Annual information reporting is required to the relevant
156. d)) Withdrawals are conditioned on reaching a specified
157. e)) Annual contributions are limited to $50,000 or less,
158. a)) The account is subject to regulation as a savings vehicle
159. b)) The account is tax-favored (i.e., contributions to
160. c)) Withdrawals are conditioned on meeting specific criteria
161. d)) Annual contributions are limited to $50,000 or less,
162. a)) The account is funded solely with a down payment, earnest
163. b)) The account is established and used solely to secure the
164. c)) The assets of the account, including the income earned
165. d)) The account is not a margin or similar account established
166. e)) The account is not associated with a credit card