Requirement of reporting Clause Samples

Requirement of reporting. Except as provided in paragraph (f) of this sec- tion, every person that is an acquirer in a reportable policy sale during any calendar year must file a separate in- formation return with the Internal Revenue Service (IRS) in the form and manner as required by the IRS for each reportable policy sale payment recipi- ent, including any seller that is a re- portable policy sale payment recipient. Each return must include the following information with respect to the seller or other reportable policy sale pay- ment recipient to which the return re- lates: (1) The name, address, and taxpayer identification number (TIN) of the acquirer; (2) The name, address, and TIN of the seller or other reportable policy sale payment recipient to which the return relates; (3) The date of the reportable policy sale; (4) The name of the 6050Y(a) issuer of the life insurance contract acquired and the policy number of the life insur- ance contract; (5) The aggregate amount of report- able policy sale payments made, or to be made, to the seller or other report- able policy sale payment recipient to which the return relates with respect to the reportable policy sale; and (6) Any other information that is re- quired by the form or its instructions.
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Requirement of reporting. (1) In general. Except as provided in para- graph (c) of this section, every payor engaged in a trade or business who, in the course of that trade or business, makes payments aggregating $600 or more during a calendar year to an at- ▇▇▇▇▇▇ in connection with legal serv- ices (whether or not the services are performed for the payor) must file an information return for such payments. The information return must be filed on the form and in the manner required by the Commissioner. For the time and place for filing the form, see § 1.6041–6. For definitions of the terms under this section, see paragraph (d) of this sec- tion. The requirements of this para- graph (a)(1) apply whether or not— (i) A portion of a payment is kept by the attorney as compensation for legal services rendered; or (ii) Other information returns are re- quired with respect to some or all of a payment under other provisions of the Internal Revenue Code and the regula- tions thereunder.
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Related to Requirement of reporting

  • Child Abuse Reporting Requirement Grantee will: a. comply with child abuse and neglect reporting requirements in Texas Family Code Chapter 261. This section is in addition to and does not supersede any other legal obligation of the Grantee to report child abuse. b. develop, implement and enforce a written policy that includes at a minimum the System Agency’s Child Abuse Screening, Documenting, and Reporting Policy for Grantees/Providers and train all staff on reporting requirements. c. use the System Agency Child Abuse Reporting Form located at ▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇▇▇.▇▇.▇▇/Contact Us/report abuse.asp as required by the System Agency. d. retain reporting documentation on site and make it available for inspection by the System Agency.

  • Management Reporting (a) Provide periodic reports, in accordance with agreed upon frequency and content parameters, to the Funds. As reasonably requested by the Funds, the Transfer Agent shall furnish ad hoc reports to the Funds.

  • Child Abuse Reporting Requirements A. Grantees shall comply with child abuse and neglect reporting requirements in Texas Family Code Chapter 261. This section is in addition to and does not supersede any other legal obligation of the Grantee to report child abuse. B. Grantee shall use the Texas Abuse Hotline Website located at ▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇/Login/Default.aspx as required by the System Agency. Grantee shall retain reporting documentation on site and make it available for inspection by the System Agency.

  • CHILD ABUSE REPORTING CONTRACTOR hereby agrees to annually train all staff members, including volunteers, so that they are familiar with and agree to adhere to its own child and dependent adult abuse reporting obligations and procedures as specified in California Penal Code section 11164 et seq. and Education Code 44691. To protect the privacy rights of all parties involved (i.e., reporter, child and alleged abuser), reports will remain confidential as required by law and professional ethical mandates. A written statement acknowledging the legal requirements of such reporting and verification of staff adherence to such reporting shall be submitted to the LEA.

  • Reporting Compliance Grantee represents and warrants that it will submit timely, complete, and accurate reports in accordance with the grant and maintain appropriate backup documentation to support the reports.