IEIM402020 | Reportable Information: Address

Reportable Information: Address

Individual Account Holders

Where the Reportable Person [see IEIM402010] is an individual who is an Account Holder [see IEIM402000] or is a Controlling Person of a Passive NFE [see IEIM404040], the address to be reported is the individual’s current residence address. If the Financial Institution does not hold this address in its records then it should report the mailing address it has on file for that person.

In general, an ‘in-care-of’ address or a post office box is not a residence address. A post office box that forms part of an address that also includes details such as a street, apartment or suite number or a rural route such that a place of residence can be clearly identified can be accepted as a residence address. In special circumstances such as that of military personnel an ‘in-care-of’ address may constitute a residence address.

Entity Account Holders

Where the Reportable Person Is an entity the address to be reported is the address that the Financial Institution holds on file for that entity.