MT574W8BENO: (22) Field 17B: Flag

FORMAT

Option B :4!c//1!a (Qualifier)(Flag)

PRESENCE

Optional in optional subsequence B2

QUALIFIER

 

Order

M/O

Qualifier

R/N

CR

Options

Qualifier Description

1

O

UTIN

N

 

B

U.S. Tax Identification Flag

2

O

BOTB

N

 

B

Beneficial Owner Treaty Benefits

3

O

BOBD

N

 

B

Beneficial Owner Treaty Benefits for Dividends

4

O

BORE

N

 

B

Beneficial Owner Related Treaty Benefits

DEFINITION

This qualified generic field specifies:

BOBD

Beneficial Owner Treaty Benefits for Dividends

Indicates that the beneficial owner is not an individual, is claiming treaty benefits for dividends received from a foreign corporation or interest from a US trade or business of a foreign corporation, and meets qualified resident status.

BORE

Beneficial Owner Related Treaty Benefits

Indicates that the beneficial owner is related to the person obligated to pay the income within the meaning of section 267(b) or 707(b), and will file form 8833 if the amount subject to withholding received during a calendar year exceeds USD 500,000.

BOTB

Beneficial Owner Treaty Benefits

Indicates that the beneficial owner is not an individual, derives the income for which the treaty benefits are claimed and, if applicable, meets the requirements of the treaty article dealing with limitation on benefits.

UTIN

U.S. Tax Identification Flag

Indicates whether the US Tax identification number is stated.

CODES

Flag must contain the following code :

N

No

No.

Y

Yes

Yes.