1. An Andorran council manages a Panama foundation with bank account in Belize...
Out of scope In scope only if interest remitted into the EU In scope



  1. A UK bank makes an interest payment to a Turks and Caicos exempt company with a UK-resident sole owner and director…
Bank is Paying Agent Payment out of scope Bank reports payment to Paying Agent Upon Receipt



  1. Several contracting States exempt interest distributions from all funds if the debt claims of that fund are below 15%. Is this allowed?
Yes No If all these countries have elected the de minimis rule



  1. Who is responsible for applying savings tax if a Grenada trustee is policyholder of a Luxembourg life insurer and policy assets are in a Luxembourg bank?
Luxembourg bank Grenada Trustee Luxembourg insurer



  1. An EU-resident becomes entitled to assets equal to half the income secured eight years ago by a discretionary trust. How long must trustee keep track of remaining balance?
2 years 10 years No more



  1. A German national expatriate provides utility bills and housing rental contracts to his bank in France to confirm residency in Thailand. Is he a beneficial owner?
Yes No If opened account before 2004



  1. Is there a difference in savings tax treatment of a Jersey-managed discretionary trust whether it is revokable or irrevokable?
Yes No Only if settlor influences management



  1. A BVI company is listed in the directive annex as an untaxed entity for purposes of a paying agent upon receipt. If it is managed by a Singapore director, is it a Paying Agent Upon Receipt?
If it has EU-resident shareholder(s) Yes No



  1. Sharia prohibits debtors to pay interest. Is a Sharia compliant Sukuk bond, asserting it pays 4% per annum share of profits, regarded as interest?
Yes No Only for non-Muslims



  1. What is regarded as interest on a 100% capital protected product linked to the Euro Stoxx 50 index?
All income excluding equities derivatives All income including equity derivatives Only bond gains and accrued coupons



  1. An Austrian bank secures only one dollar interest from a Singapore bond fund distribution, for a German customer. Is this payment out of scope?
Yes No If Austria selected de minimis for funds



  1. Who is responsible for applying savings tax if a Montserrat trustee is policyholder of a Luxembourg life insurer and policy assets are in a Luxembourg bank?
Luxembourg bank Montserrat Trustee Luxembourg insurer