Attached files
file | filename |
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S-1/A - FORM S-1/A - FIRST BANCORP /PR/ | g27866a1sv1za.htm |
EX-5.1 - EX-5.1 - FIRST BANCORP /PR/ | g27866a1exv5w1.htm |
EX-3.2 - EX-3.2 - FIRST BANCORP /PR/ | g27866a1exv3w2.htm |
EX-3.1 - EX-3.1 - FIRST BANCORP /PR/ | g27866a1exv3w1.htm |
EX-99.1 - EX-99.1 - FIRST BANCORP /PR/ | g27866a1exv99w1.htm |
EX-99.4 - EX-99.4 - FIRST BANCORP /PR/ | g27866a1exv99w4.htm |
EX-4.11 - EX-4.11 - FIRST BANCORP /PR/ | g27866a1exv4w11.htm |
EX-99.5 - EX-99.5 - FIRST BANCORP /PR/ | g27866a1exv99w5.htm |
EX-23.1 - EX-23.1 - FIRST BANCORP /PR/ | g27866a1exv23w1.htm |
EX-99.7 - EX-99.7 - FIRST BANCORP /PR/ | g27866a1exv99w7.htm |
EX-4.12 - EX-4.12 - FIRST BANCORP /PR/ | g27866a1exv4w12.htm |
EX-99.6 - EX-99.6 - FIRST BANCORP /PR/ | g27866a1exv99w6.htm |
EX-99.2 - EX-99.2 - FIRST BANCORP /PR/ | g27866a1exv99w2.htm |
EX-99.3 - EX-99.3 - FIRST BANCORP /PR/ | g27866a1exv99w3.htm |
EX-10.25 - EX-10.25 - FIRST BANCORP /PR/ | g27866a1exv10w25.htm |
EX-10.28 - EX-10.28 - FIRST BANCORP /PR/ | g27866a1exv10w28.htm |
Exhibit 99.8
Information For Substitute Form W-9 |
IMPORTANT
NOTICE
INSTRUCTIONS FOR CERTIFICATION OF TAXPAYER IDENTIFICATION NUMBER
INSTRUCTIONS FOR CERTIFICATION OF TAXPAYER IDENTIFICATION NUMBER
Purpose
of Form
A person who is required to file an information return with the
IRS must obtain your correct taxpayer identification number
(TIN) to report, for example, income paid to you, real estate
transactions, mortgage interest you paid, acquisition or
abandonment of secured property, cancellation of debt, or
contributions you made to an IRA.
Use
Form W-9
only if you are a U.S. person (including a resident alien),
to provide your correct TIN to the person requesting it (the
requester) and, when applicable, to:
1. Certify that the TIN you are giving is correct (or you
are waiting for a number to be issued),
2. Certify that you are not subject to backup
withholding, or
3. Claim exemption from backup withholding if you are a
U.S. exempt payee. If applicable, you are also certifying
that as a U.S. person, your allocable share of any
partnership income from a U.S. trade or business is not
subject to the withholding tax on foreign partners share
of effectively connected income.
Note. If a requester gives you a form other than
Form W-9
to request your TIN, you must use the requesters form if
it is substantially similar to this
Form W-9.
Definition of a U.S. person. For federal tax
purposes, you are considered a U.S. person if you are:
An individual who is a U.S. citizen or
U.S. resident alien,
A partnership, corporation, company, or association
created or organized in the United States or under the laws of
the United States,
An estate (other than a foreign estate), or
A domestic trust (as defined in Regulations
section 301.7701-7).
Special rules for partnerships. Partnerships that
conduct a trade or business in the United States are generally
required to pay a withholding tax on any foreign partners
share of income from such business. Further, in certain cases
where a
Form W-9
has not been received, a partnership is required to presume that
a partner is a foreign person, and pay the withholding tax.
Therefore, if you are a U.S. person that is a partner in a
partnership conducting a trade or business in the United States,
provide
Form W-9
to the partnership to establish your U.S. status and avoid
withholding on your share of partnership income.
The person who gives
Form W-9
to the partnership for purposes of establishing its
U.S. status and avoiding withholding on its allocable share
of net income from the partnership conducting a trade or
business in the United States is in the following cases:
The U.S. owner of a disregarded entity and not
the entity,
The U.S. grantor or other owner of a grantor
trust and not the trust, and
The U.S. trust (other than a grantor trust) and
not the beneficiaries of the trust.
Foreign person. If you are a foreign person, do not
use
Form W-9.
Instead, use the appropriate
Form W-8
(see Publication 515, Withholding of Tax on Nonresident Aliens
and Foreign Entities).
Nonresident alien who becomes a resident alien.
Generally, only a nonresident alien individual may use the terms
of a tax treaty to reduce or eliminate U.S. tax on certain
types of income. However, most tax treaties contain a provision
known as a saving clause. Exceptions specified in
the saving clause may permit an exemption from tax to continue
for certain types of income even after the payee has otherwise
become a U.S. resident alien for tax purposes.
If you are a U.S. resident alien who is relying on an
exception contained in the saving clause of a tax treaty to
claim an exemption from U.S. tax on certain types of
income, you must attach a statement to
Form W-9
that specifies the following five items:
1. The treaty country. Generally, this must be the same
treaty under which you claimed exemption from tax as a
nonresident alien.
2. The treaty article addressing the income.
3. The article number (or location) in the tax treaty that
contains the saving clause and its exceptions.
4. The type and amount of income that qualifies for the
exemption from tax.
5. Sufficient facts to justify the exemption from tax under
the terms of the treaty article.
What is backup withholding? Persons making certain
payments to you must under certain conditions withhold and pay
to the IRS a percentage of such payments. This is called
backup withholding. Payments that may be subject to
backup withholding include interest, tax-exempt interest,
dividends, broker and barter exchange transactions, rents,
royalties, nonemployee pay, and certain payments from fishing
boat operators. Real estate transactions are not subject to
backup withholding.
You will not be subject to backup withholding on payments you
receive if you give the requester your correct TIN, make the
proper certifications, and report all your taxable interest and
dividends on your tax return.
Payments
you receive will be subject to backup withholding if:
1. You do not furnish your TIN to the requester,
2. You do not certify your TIN when required (see the
Part II instructions on page for details),
3. The IRS tells the requester that you furnished an
incorrect TIN,
4. The IRS tells you that you are subject to backup
withholding because you did not report all your interest and
dividends on your tax return (for reportable interest and
dividends only), or
5. You do not certify to the requester that you are not
subject to backup withholding under 4 above (for reportable
interest and dividend accounts opened after 1983 only).
Certain payees and payments are exempt from backup withholding.
See the instructions below and the separate Instructions for the
Requester of
Form W-9.
Also see Special rules for partnerships on page 1.
Penalties
Failure to furnish TIN. If you fail to furnish your
correct TIN to a requester, you are subject to a penalty of $50
for each such failure unless your failure is due to reasonable
cause and not to willful neglect.
Civil penalty for false information with respect to
withholding. If you make a false statement with no
reasonable basis that results in no backup withholding, you are
subject to a $500 penalty.
Criminal penalty for falsifying
information. Willfully falsifying certifications or
affirmations may subject you to criminal penalties including
fines and/or
imprisonment.
Misuse of TINs. If the requester discloses or uses
TINs in violation of federal law, the requester may be subject
to civil and criminal penalties.
Specific
Instructions
Name
If you are an individual, you must generally enter the name
shown on your income tax return. However, if you have changed
your last name, for instance, due to marriage without informing
the Social Security Administration of the name change, enter
your first name, the last name shown on your social security
card, and your new last name.
If the account is in joint names, list first, and then circle,
the name of the person or entity whose number you entered in
Part I of the form.
Sole proprietor. Enter your individual name as shown
on your income tax return on the Name line. You may
enter your business, trade, or doing business as
(DBA) name on the Business name/disregarded entity
name line.
Partnership, C Corporation, or S Corporation. Enter
the entitys name on the Name line and any
business, trade, or doing business as (DBA) name on
the Business name/disregarded entity name line.
Disregarded entity. Enter the owners name on
the Name line. The name of the entity entered on the
Name line should never be a disregarded entity. The
name on the Name line must be the name shown on the
income tax return on which the income will be reported. For
example, if a foreign LLC that is treated as a disregarded
entity for U.S. federal tax purposes has a domestic owner,
the domestic owners name is required to be provided on the
Name line. If the direct owner of the entity is also
a disregarded entity, enter the first owner that is not
disregarded for federal tax purposes. Enter the disregarded
entitys name on the Business name/disregarded entity
name line. If the owner of the disregarded entity is a
foreign person, you must complete an appropriate
Form W-8.
Note. Check the appropriate box for the federal tax
classification of the person whose name is entered on the
Name line (Individual/sole proprietor, Partnership,
C Corporation, S Corporation, Trust/estate).
Limited Liability Company (LLC). If the person
identified on the Name line is an LLC, check the
Limited liability company box only and enter the
appropriate code for the tax classification in the space
provided. If you are an LLC that is treated as a partnership for
federal tax purposes, enter P for partnership. If
you are an LLC that has filed a Form 8832 or a
Form 2553 to be taxed as a corporation, enter C
for C corporation or S for S corporation. If
you are an LLC that is disregarded as an entity separate from
its owner under Regulation
section 301.7701-3
(except for employment and excise tax), do not check the LLC box
unless the owner of the LLC (required to be identified on the
Name line) is another LLC that is not disregarded
for federal tax purposes. If the LLC is disregarded as an entity
separate from its owner, enter the appropriate tax
classification of the owner identified on the Name
line.
Other entities. Enter your business name as shown on
required federal tax documents on the Name line.
This name should match the name shown on the charter or other
legal document creating the entity. You may enter any business,
trade, or DBA name on the Business name/disregarded
entity name line.
Exempt
Payee
If you are exempt from backup withholding, enter your name as
described above and check the appropriate box for your status,
then check the Exempt payee box in the line
following the Business name/disregarded entity name,
sign and date the form.
Generally, individuals (including sole proprietors) are not
exempt from backup withholding. Corporations are exempt from
backup withholding for certain payments, such as interest and
dividends.
Note. If you are exempt from backup withholding, you
should still complete this form to avoid possible erroneous
backup withholding.
The following payees are exempt from backup withholding:
1. An organization exempt from tax under
section 501(a), any IRA, or a custodial account under
section 403(b)(7) if the account satisfies the requirements
of section 401(f)(2),
2. The United States or any of its agencies or
instrumentalities,
3. A state, the District of Columbia, a possession of the
United States, or any of their political subdivisions or
instrumentalities,
4. A foreign government or any of its political
subdivisions, agencies, or instrumentalities, or
5. An international organization or any of its agencies or
instrumentalities.
Other payees that may be exempt from backup withholding include:
6. A corporation,
July 2011 | Cat. No. 10231X | Form W-9 |
7. A foreign central bank of issue,
8. A dealer in securities or commodities required to
register in the United States, the District of Columbia, or a
possession of the United States,
9. A futures commission merchant registered with the
Commodity Futures Trading Commission,
10. A real estate investment trust,
11. An entity registered at all times during the tax year
under the Investment Company Act of 1940,
12. A common trust fund operated by a bank under
section 584(a),
13. A financial institution,
14. A middleman known in the investment community as a
nominee or custodian, or
15. A trust exempt from tax under section 664 or
described in section 4947.
The following chart shows types of payments that may be exempt
from backup withholding. The chart applies to the exempt payees
listed above, 1 through 15.
IF the payment is for . . . | THEN the payment is exempt for . . . | ||
Interest and dividend payments | All exempt payees except for 9 | ||
Broker transactions | Exempt payees 1 through 5 and 7 through 13. Also, C corporations. | ||
Barter exchange transactions and patronage dividends | Exempt payees 1 through 5 | ||
Payments over $600 required to be reported and direct sales over $5,000 1 | Generally, exempt payees 1 through 7 2 | ||
1 | See Form 1099-MISC, Miscellaneous Income, and its instructions. | |
2 | However, the following payments made to a corporation and reportable on Form 1099-MISC are not exempt from backup withholding: medical and health care payments, attorneys fees, gross proceeds paid to an attorney, and payments for services paid by a federal executive agency. |
Part I.
Taxpayer Identification Number (TIN)
Enter your TIN in the appropriate box. If you are a
resident alien and you do not have and are not eligible to get
an SSN, your TIN is your IRS individual taxpayer identification
number (ITIN). Enter it in the social security number box. If
you do not have an ITIN, see How to get a TIN below.
If you are a sole proprietor and you have an EIN, you may enter
either your SSN or EIN. However, the IRS prefers that you use
your SSN.
If you are a single-member LLC that is disregarded as an entity
separate from its owner (see Limited Liability Company
(LLC), enter the owners SSN (or EIN, if the owner has
one). Do not enter the disregarded entitys EIN. If the LLC
is classified as a corporation or partnership, enter the
entitys EIN.
Note. See the chart on the right side of page 2 for
further clarification of name and TIN combinations.
How to get a TIN. If you do not have a TIN, apply
for one immediately. To apply for an SSN, get
Form SS-5,
Application for a Social Security Card, from your local Social
Security Administration office or get this form online at
www.ssa.gov. You may also get this form by
calling
1-800-772-1213. Use
Form W-7,
Application for IRS Individual Taxpayer Identification Number,
to apply for an ITIN, or
Form SS-4,
Application for Employer Identification Number, to apply for an
EIN. You can apply for an EIN online by accessing the IRS
website at www.irs.gov/businesses and clicking on
Employer Identification Number (EIN) under Starting a Business.
You can get
Forms W-7
and SS-4 from the IRS by visiting IRS.gov or by
calling 1-800-TAX-FORM
(1-800-829-3676).
If you are asked to complete
Form W-9
but do not have a TIN, write Applied For in
the space for the TIN, sign and date the form, and give it to
the requester. For interest and dividend payments, and certain
payments made with respect to readily tradable instruments,
generally you will have 60 days to get a TIN and give it to
the requester before you are subject to backup withholding on
payments. The
60-day rule
does not apply to other types of payments. You will be subject
to backup withholding on all such payments until you provide
your TIN to the requester.
Note. Entering Applied For means
that you have already applied for a TIN or that you intend to
apply for one soon.
Caution: A disregarded domestic entity that has a
foreign owner must use the appropriate
Form W-8.
Part II.
Certification
To establish to the withholding agent that you are a
U.S. person, or resident alien, sign
Form W-9.
You may be requested to sign by the withholding agent even if
item 1, below, and items 4 and 5 indicate otherwise.
For a joint account, only the person whose TIN is shown in
Part I should sign (when required). In the case of a
disregarded entity, the person identified on the
Name line must sign. Exempt payees, see Exempt
Payee.
Signature requirements. Complete the certification
as indicated in items 1 through 5, below.
1. Interest, dividend, and barter exchange accounts
opened before 1984 and broker accounts considered active during
1983. You must give your correct TIN, but you do not have to
sign the certification.
2. Interest, dividend, broker, and barter exchange
accounts opened after 1983 and broker accounts considered
inactive during 1983. You must sign the certification or
backup withholding will apply. If you are subject to backup
withholding and you are merely providing your correct TIN to the
requester, you must cross out item 2 in the certification
before signing the form.
3. Real estate transactions. You must sign the
certification. You may cross out item 2 of the
certification.
4. Other payments. You must give your correct
TIN, but you do not have to sign the certification unless you
have been notified that you have previously given an incorrect
TIN. Other payments include payments made in the
course of the requesters trade or business for rents,
royalties, goods (other than bills for merchandise), medical and
health care services (including payments to corporations),
payments to a nonemployee for services, payments to certain
fishing boat crew members and fishermen, and gross proceeds paid
to attorneys (including payments to corporations).
5. Mortgage interest paid by you, acquisition or
abandonment of secured property, cancellation of debt, qualified
tuition program payments (under section 529), IRA,
Coverdell ESA, Archer MSA or HSA contributions or distributions,
and pension distributions. You must give your correct TIN,
but you do not have to sign the certification.
What Name
and Number To Give the Requester
For this type of account: | Give name and SSN of: | ||
1. Individual
|
The individual | ||
2. Two or more individuals (joint account)
|
The actual owner of the account or, if combined funds, the first individual on the account1 | ||
3. Custodian account of a minor (Uniform Gift to Minors Act)
|
The minor2 | ||
4. a. The usual revocable savings trust (grantor is
also trustee)
|
The grantor-trustee1 | ||
b. So-called trust account that is not a legal or valid
trust under state law
|
The actual owner1 | ||
5. Sole proprietorship or disregarded entity owned by an
individual
|
The owner3 | ||
6. Grantor trust filing under Optional Form 1099
Filing Method 1 (see Regulation section
1.671-4(b)(2)(i)(A))
|
The grantor4 | ||
For this type of account: | Give name and EIN of: | ||
7. Disregarded entity not owned by an individual
|
The owner | ||
8. A valid trust, estate, or pension trust
|
Legal entity4 | ||
9. Corporation or LLC electing corporate status on
Form 8832 or Form 2553
|
The corporation | ||
10. Association, club, religious, charitable, educational,
or other tax-exempt organization
|
The organization | ||
11. Partnership or multi-member LLC
|
The partnership | ||
12. A broker or registered nominee
|
The broker or nominee | ||
13. Account with the Department of Agriculture in the name
of a public entity (such as a state or local government, school
district, or prison) that receives agricultural program payments
|
The public entity | ||
14. Grantor trust filing under the Form 1041 Filing
Method or the Optional Form 1099 Filing Method 2 (see
Regulation section 1.671-4(b)(2)(i)(B))
|
The trust | ||
1 | List first and circle the name of the person whose number you furnish. If only one person on a joint account has an SSN, that persons number must be furnished. | |
2 | Circle the minors name and furnish the minors SSN. | |
3 | You must show your individual name and you may also enter your business or DBA name on the Business name/disregarded entity name line. You may use either your SSN or EIN (if you have one), but the IRS encourages you to use your SSN. | |
4 | List first and circle the name of the trust, estate, or pension trust. (Do not furnish the TIN of the personal representative or trustee unless the legal entity itself is not designated in the account title.) |
Note: If no name is circled when more than one name
is listed, the number will be considered to be that of the first
name listed. Also see Special rules for partnerships on
page 1.
Privacy Act
Notice
Section 6109 of the Internal Revenue Code requires
you to provide your correct TIN to persons (including federal
agencies) who are required to file information returns with the
IRS to report interest, dividends, or certain other income paid
to you; mortgage interest you paid; the acquisition or
abandonment of secured property; the cancellation of debt; or
contributions you made to an IRA, Archer MSA, or HSA. The person
collecting this form uses the information on the form to file
information returns with the IRS, reporting the above
information. Routine uses of this information include giving it
to the Department of Justice for civil and criminal litigation
and to cities, states, the District of Columbia, and
U.S. possessions for use in administering their laws. The
information also may be disclosed to other countries under a
treaty, to federal and state agencies to enforce civil and
criminal laws, or to federal law enforcement and intelligence
agencies to combat terrorism. You must provide your TIN whether
or not you are required to file a tax return. Under
section 3406, payers must generally withhold a percentage
of taxable interest, dividend, and certain other payments to a
payee who does not give a TIN to the payer. Certain penalties
may also apply for providing false or fraudulent information.
Form W-9 | Page 2 |