Exceptions

Exceptions means a payee that the withholding agent may treat as a NFFE that is a QI, WP, or WT. Additionally, the termexcepted NFFEmeans, with respect to the payment, a NFFE described in paragraphs (c)(1)(i) through (vii) of this section to the extent the withholding agent may treat the NFFE as the beneficial owner of the payment.

Source

26 CFR § 1.1472-1


Scoping language

None
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