| Option B | :4!c//1!a | (Qualifier)(Flag) |
Order |
M/O |
Qualifier |
R/N |
CR |
Options |
Qualifier Description |
1 |
M |
NPCC |
N |
|
B |
Notional Principal Contracts Flag |
This qualified generic field specifies:
NPCC |
Notional Principal Contracts Flag |
Indicates that the beneficial owner will provide a statement that identifies those notional principal contracts from which the income is not effectively connected with the conduct of a trade or business in the US and the beneficial owner agrees to update. |
Flag must contain the following code :
N |
No |
No. |
Y |
Yes |
Yes. |