TREATIES AND OTHER INTERNATIONAL ACTS SERIES 15-1105

________________________________________________________________________

TAXATION

Foreign Account Tax Compliance 

Agreement Between the 

UNITED STATES OF AMERICA

and AZERBAIJAN

Signed at Baku September 9, 2015 

with

Annexes
 NOTE BY THE DEPARTMENT OF STATE

 Pursuant to Public Law 89—497, approved July 8, 1966

(80 Stat. 271; 1 U.S.C. 113)—

“. . .the Treaties and Other International Acts Series issued

under the authority of the Secretary of State shall be competent

evidence . . . of the treaties, international agreements other than

treaties, and proclamations by the President of such treaties and

international agreements other than treaties, as the case may be, 

therein contained, in all the courts of law and equity and of maritime

jurisdiction, and in all the tribunals and public offices of the

United States, and of the several States, without any further proof

or authentication thereof.”
 AZERBAIJAN 

 

 Taxation: Foreign Account Tax Compliance 

 Agreement signed at Baku September 9, 2015;

 Entered into force November 5, 2015.

 With annexes.
Agreement between the Government of the United States of America and the Government 

of the Republic of Azerbaijan to Improve International Tax Compliance and to Implement 

FATCA 

Whereas, the Government of the United States of America and the Government of the Republic 

of Azerbaijan (each, a "Party," and together, the "Parties") desire to conclude an agreement to 

improve international tax compliance through mutual assistance in tax matters based on an 

effective infrastructure for the automatic exchange of information; 

Whereas, the Convention on Mutual Administrative Assistance in Tax Matters, done at 

Strasbourg on 25 January 1988 (the "Convention") authorizes the exchange of information for 

tax purposes, including on an automatic basis (hereinafter "Convention" refers to the 

Convention and any amendments thereto that are in force for both Parties.) 

Whereas, the United States of America enacted provisions commonly known as the Foreign 

Account Tax Compliance Act ("F ATCA"), which introduce a reporting regime for financial 

institutions with respect to certain accounts; 

Whereas, the Government of the Republic of Azerbaijan is supportive of the underlying policy 

goal of FATCA to improve tax compliance; 

Whereas, FATCAhas raised a number of issues, including that Republic of Azerbaijan financial 

institutions may not be able to comply with certain aspects ofF ATCA due to domestic legal 

impediments; 

Whereas, the Government of the United States of America collects information regarding certain 

accounts maintained by U.S. financial institutions held by residents of the Republic of 

Azerbaijan and is committed to exchanging such information with the Government of the 

Republic of Azerbaijan and pursuing equivalent levels of exchange, provided that the appropriate 

safeguards and infrastructure for an effective exchange relationship are in place; 

Whereas, an intergovernmental approach to FATCA implementation would address legal 

impediments and reduce burdens for Republic of Azerbaijan financial institutions; 

Whereas, the Parties desire to conclude an agreement to improve international tax compliance 

and provide for the implementation of FATCA based on domestic reporting and reciprocal 

automatic exchange pursuant to the Convention, and subject to the confidentiality and other 

protections provided for therein, including the provisions limiting the use of the information 

exchanged under the Convention; 

Now, therefore, the Parties have agreed as follows: 

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Article 1 

Def'mitions 

1. For purposes of this agreement and any annexes thereto ("Agreement"), the following 

terms shall have the meanings set forth below: 

a) The term "United States" means the United States of America, including the 

States thereof, but does not include the U.S. Territories. Any reference to a 

"State" ofthe United States includes the District of Columbia. 

b) The term "U.S. Territory" means American Samoa, the Commonwealth ofthe 

Northern Mariana Islands, Guam, the Commonwealth of Puerto Rico, or the U.S. 

Virgin Islands. 

c) The term "IRS" means the U.S. Internal Revenue Service. 

d) The term "Republic of Azerbaijan" means the Republic of Azerbaijan. 

e) The term "Partner Jurisdiction" means a jurisdiction that has in effect an 

agreement with the United States to facilitate the implementation ofFATCA. The 

IRS shall publish a list identifying all Partner Jurisdictions. 

f) The term "Competent Authority" means: 

(1) in the case of the United States, the Secretary of the Treasury or his 

delegate; and 

(2) in the case of the Republic of Azerbaijan, the Ministry of Taxes of the 

Republic of Azerbaijan. 

g) The term "Financial Institution" means a Custodial Institution, a Depository 

Institution, an Investment Entity, or a Specified Insurance Company. 

h) The term "Custodial Institution" means any Entity that holds, as a substantial 

portion of its business, financial assets for the account of others. An entity holds 

financial assets for the account of others as a substantial portion of its business if 

the entity's gross income attributable to the holding of financial assets and related 

financial services equals or exceeds 20 percent of the entity's gross income during 

the shorter of: (i) the three-year period that ends on December 31 (or the fmal day 

of a non-calendar year accounting period) prior to the year in which the 

determination is being made; or (ii) the period during which the entity has been in 

existence. 

i) The term "Depository Institution" means any Entity that accepts deposits in the 

ordinary course of a banking or similar business. 

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j) The term "Investment Entity" means any Entity that conducts as a business (or 

is managed by an entity that conducts as a business) one or more of the following 

activities or operations for or on behalf of a customer: 

(1) trading in money market instruments (cheques, bills, certificates of 

deposit, derivatives, etc.); foreign exchange; exchange, interest rate and 

index instruments; transferable securities; or commodity futures trading; 

(2) individual and collective portfolio management; or 

(3) otherwise investing, administering, or managing funds or money on behalf 

of other persons. 

This subparagraph 1 G) shall be interpreted in a manner consistent with similar 

language set forth in the definition of "financial institution" in the Financial 

Action Task Force Recommendations. 

k) The term "Specified Insurance Company" means any Entity that is an insurance 

company (or the holding company of an insurance company) that issues, or is 

obligated to make payments with respect to, a Cash Value Insurance Contract or 

an Annuity Contract. 

1) The term "Republic of Azerbaijan Financial Institution" means (i) any 

Financial Institution resident in the Republic of Azerbaijan, but excluding any 

branch of such Financial Institution that is located outside the Republic of 

Azerbaijan, and (ii) any branch of a Financial Institution not resident in the 

Republic of Azerbaijan, if such branch is located in the Republic of Azerbaijan. 

m) The term "Partner Jurisdiction Financial Institution" means (i) any Financial 

Institution established in a Partner Jurisdiction, but excluding any branch of such 

Financial Institution that is located outside the Partner Jurisdiction, and (ii) any 

branch of a Financial Institution not established in the Partner Jurisdiction, if such 

branch is located in the Partner Jurisdiction. 

n) The term "Reporting Financial Institution" means a Reporting Republic of 

Azerbaijan Financial Institution or a Reporting U.S. Financial Institution, as the 

context requires. 

o) The term "Reporting Republic of Azerbaijan Financial Institution" means any 

Republic of Azerbaijan Financial Institution that is not a Non-Reporting Republic 

of Azerbaijan Financial Institution. 

p) The term "Reporting U.S. Financial Institution" means (i) any Financial 

Institution that is resident in the United States, but excluding any branch of such 

Financial Institution that is located outside the United States, and (ii) any branch 

of a Financial Institution not resident in the United States, if such branch is 

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located in the United States, provided that the Financial Institution or branch has 

control, receipt, or custody of income with respect to which information is 

required to be exchanged under subparagraph (2)(b) of Article 2 of this 

Agreement. 

q) The term "Non-Reporting Republi(: of Azerbaijan Finan(:ial Institution" 

means any Republic of Azerbaijan Financial Institution, or other Entity resident in 

the Republic of Azerbaijan, that is described in Annex II as a Non-Reporting 

Republic of Azerbaijan Financial Institution or that otherwise qualifies as a 

deemed-compliant FFI or an exempt beneficial owner under relevant U.S. 

Treasury Regulations in effect on the date of signature of this Agreement. 

r) The term "Nonparti(:ipating Finan(:ial Institution" means a nonparticipating 

FFI, as that term is defined in relevant U.S. Treasury Regulations, but does not 

include a Republic of Azerbaijan Financial Institution or other Partner Jurisdiction 

Financial Institution other than a Financial Institution treated as a 

Nonparticipating Financial Institution pursuant to subparagraph 2(b) of Article 5 

of this Agreement or the corresponding provision in an agreement between the 

United States and a Partner Jurisdiction. 

s) The term "Finan(:iaiA(:(:OUnt" means an account maintained by a Financial 

Institution, and includes: 

(1) in the case of an Entity that is a Financial Institution solely because it is an 

Investment Entity, any equity or debt interest (other than interests that are 

regularly traded on an established securities market) in the Financial 

Institution; 

(2) in the case of a Financial Institution not described in subparagraph I ( s )(I) 

of this Article, any equity or debt interest in the Financial Institution (other 

than interests that are regularly traded on an established securities market), 

if (i) the value of the debt or equity interest is determined, directly or 

indirectly, primarily by reference to assets that give rise to U.S. Source 

Withholdable Payments, and (ii) the class of interests was established with 

a purpose of avoiding reporting in accordance with this Agreement; and 

(3) any Cash Value Insurance Contract and any Annuity Contract issued or 

maintained by a Financial Institution, other than a noninvestment-linked, 

nontransferable immediate life annuity that is issued to an individual and 

monetizes a pension or disability benefit provided under an account that is 

excluded from the definition of Financial Account in Annex II. 

Notwithstanding the foregoing, the term "Financial Account" does not include 

any account that is excluded from the definition of Financial Account in Annex II. 

For purposes of this Agreement, interests are "regularly traded" if there is a 

meaningful volume of trading with respect to the interests on an ongoing basis, 

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and an "established securities market" means an exchange that is officially 

recognized and supervised by a governmental authority in which the market is 

located and that has a meaningful annual value of shares traded on the 

exchange. For purposes of this subparagraph I(s), an interest in a Financial 

Institution is not "regularly traded" and shall be treated as a Financial Account if 

the holder of the interest (other than a Financial Institution acting as an 

intermediary) is registered on the books of such Financial Institution. The 

preceding sentence will not apply to interests first registered on the books of such 

Financial Institution prior to July I, 20I4, and with respect to interests first 

registered on the books of such Financial Institution on or after July I, 20 I4, a 

Financial Institution is not required to apply the preceding sentence prior to 

January I, 20I6. 

t) The term "Depository Account" includes any commercial, checking, savings, 

time, or thrift account, or an account that is evidenced by a certificate of deposit, 

thrift certificate, investment certificate, certificate of indebtedness, or other 

similar instrument maintained by a Financial Institution in the ordinary course of 

a banking or similar business. A Depository Account also includes an amount 

held by an insurance company pursuant to a guaranteed investment contract or 

similar agreement to pay or credit interest thereon. 

u) The term "Custodial Account" means an account (other than an Insurance 

Contract or Annuity Contract) for the benefit of another person that holds any 

financial instrument or contract held for investment (including, but not limited to, 

a share or stock in a corporation, a note, bond, debenture, or other evidence of 

indebtedness, a currency or commodity transaction, a credit default swap, a swap 

based upon a nonfinancial index, a notional principal contract, an Insurance 

Contract or Annuity Contract, and any option or other derivative instrument). 

v) The term "Equity Interest" means, in the case of a partnership that is a Financial 

Institution, either a capital or profits interest in the partnership. In the case of a 

trust that is a Financial Institution, an Equity Interest is considered to be held by 

any person treated as a settlor or beneficiary of all or a portion of the trust, or any 

other natural person exercising ultimate effective control over the trust. A 

Specified U.S. Person shall be treated as being a beneficiary of a foreign trust if 

such Specified U.S. Person has the right to receive directly or indirectly (for 

example, through a nominee) a mandatory distribution or may receive, directly or 

indirectly, a discretionary distribution from the trust. 

w) The term "Insurance Contract" means a contract (other than an Annuity 

Contract) under which the issuer agrees to pay an amount upon the occurrence of 

a specified contingency involving mortality, morbidity, accident, liability, or 

property risk. 

x) The term "Annuity Contract" means a contract under which the issuer agrees to 

make payments for a period of time determined in whole or in part by reference to 

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the life expectancy of one or more individuals. The term also includes a contract 

that is considered to be an Annuity Contract in accordance with the law, 

regulation, or practice of the jurisdiction in which the contract was issued, and 

under which the issuer agrees to make payments for a term of years. 

y) The term "Cash Value Insuranc:e Contract" means an Insurance Contract (other 

than an indemnity reinsurance contract between two insurance companies) that 

has a Cash Value greater than $50,000. 

z) The term "Cash Value" means the greater of (i) the amount that the policyholder 

is entitled to receive upon surrender or termination of the contract (determined 

without reduction for any surrender charge or policy loan), and (ii) the amount the 

policyholder can borrow under or with regard to the contract. Notwithstanding 

the foregoing, the term "Cash Value" does not include an amount payable under 

an Insurance Contract as: 

(1) a personal injury or sickness benefit or other benefit providing 

indemnification of an economic loss incurred upon the occurrence of the 

event insured against; 

(2) a refund to the policyholder of a previously paid premium under an 

Insurance Contract (other than under a life insurance contract) due to 

policy cancellation or termination, decrease in risk exposure during the 

effective period of the Insurance Contract, or arising from a 

redetermination of the premium due to correction of posting or other 

similar error; or 

(3) a policyholder dividend based upon the underwriting experience of the 

contract or group involved. 

aa) The term "Reportable Ac:c:ount" means a U.S. Reportable Account or a Republic 

of Azerbaijan Reportable Account, as the context requires. 

bb) The term "Republic: of Azerbaijan Reportable Ac:c:ount" means a Financial 

Account maintained by a Reporting U.S. Financial Institution if: (i) in the case of 

a Depository Account, the account is held by an individual resident in the 

Republic of Azerbaijan and more than $10 of interest is paid to such account in 

any given calendar year; or (ii) in the case of a Financial Account other than a 

Depository Account, the Account Holder is a resident of the Republic of 

Azerbaijan, including an Entity that certifies that it is resident in the Republic of 

Azerbaijan for tax purposes, with respect to which U.S. source income that is 

subject to reporting under chapter 3 of subtitle A or chapter 61 of subtitle F of the 

U.S. Internal Revenue Code is paid or credited. 

cc) The term "U.S. Reportable Ac:c:ount" means a Financial Account maintained by 

a Reporting Republic of Azerbaijan Financial Institution and held by one or more 

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Specified U.S. Persons or by a Non-U.S. Entity with one or more Controlling 

Persons that is a Specified U.S. Person. Notwithstanding the foregoing, an 

account shall not be treated as a U.S. Reportable Account if such account is not 

identified as a U.S. Reportable Account after application of the due diligence 

procedures in Annex I. 

dd) The term "Account Holder" means the person listed or identified as the holder of 

a Financial Account by the Financial Institution that maintains the account. A 

person, other than a Financial Institution, holding a Financial Account for the 

benefit or account of another person as agent, custodian, nominee, signatory, 

investment advisor, or intermediary, is not treated as holding the account for 

purposes of this Agreement, and such other person is treated as holding the 

account. For purposes of the immediately preceding sentence, the term "Financial 

Institution" does not include a Financial Institution organized or incorporated in a 

U.S. Territory. In the case of a Cash Value Insurance Contract or an Annuity 

Contract, the Account Holder is any person entitled to access the Cash Value or 

change the beneficiary of the contract. If no person can access the Cash Value or 

change the beneficiary, the Account Holder is any person named as the owner in 

the contract and any person with a vested entitlement to payment under the terms 

ofthe contract. Upon the maturity of a Cash Value Insurance Contract or an 

Annuity Contract, each person entitled to receive a payment under the contract is 

treated as an Account Holder. 

ee) The term "U.S. Person" means a U.S. citizen or resident individual, a partnership 

or corporation organized in the United States or under the laws of the United 

States or any State thereof, a trust if (i) a court within the United States would 

have authority under applicable law to render orders or judgments concerning 

substantially all issues regarding administration of the trust, and (ii) one or more 

U.S. persons have the authority to control all substantial decisions of the trust, or 

an estate of a decedent that is a citizen or resident of the United States. This 

subparagraph l(ee) shall be interpreted in accordance with the U.S. Internal 

Revenue Code. 

fl) The term "Specified U.S. Person" means a U.S. Person, other than: (i) a 

corporation the stock of which is regularly traded on one or more established 

securities markets; (ii) any corporation that is a member of the same expanded 

affiliated group, as defined in section 147l(e)(2) ofthe U.S. Internal Revenue 

Code, as a corporation described in clause (i); (iii) the United States or any wholly 

owned agency or instrumentality thereof; (iv) any State of the United States, any 

U.S. Territory, any political subdivision of any ofthe foregoing, or any wholly 

owned agency or instrumentality of any one or more of the foregoing; (v) any 

organization exempt from taxation under section 50l(a) ofthe U.S. Internal 

Revenue Code or an individual retirement plan as defmed in section 770l(a)(37) 

of the U.S. Internal Revenue Code; (vi) any bank as defined in section 581 of the 

U.S. Internal Revenue Code; (vii) any real estate investment trust as defined in 

section 856 of the U.S. Internal Revenue Code; (viii) any regulated investment 

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company as defined in section 851 of the U.S. Internal Revenue Code or any 

entity registered with the U.S. Securities and Exchange Commission under the 

Investment Company Act of 1940 (15 U.S.C. 80a-64); (ix) any common trust fund 

as defined in section 584(a) of the U.S. Internal Revenue Code; (x) any trust that 

is exempt from tax under section 664(c) of the U.S. Internal Revenue Code or that 

is described in section 4947(a)(1) ofthe U.S. Internal Revenue Code; (xi) a dealer 

in securities, commodities, or derivative financial instruments (including notional 

principal contracts, futures, forwards, and options) that is registered as such under 

the laws of the United States or any State; (xii) a broker as defined in section 

6045(c) of the U.S. Internal Revenue Code; or (xiii) any tax-exempt trust under a 

plan that is described in section 403(b) or section 457(g) of the U.S. Internal 

Revenue Code. 

gg) The term "Entity" means a legal person or a legal arrangement such as a trust. 

hh) The term "Non-U.S. Entity" means an Entity that is not a U.S. Person. 

ii) The term "U.S. Source Withholdable Payment" means any payment of interest 

(including any original issue discount), dividends, rents, salaries, wages, 

premiums, annuities, compensations, remunerations, emoluments, and other fixed 

or determinable annual or periodical gains, profits, and income, if such payment is 

from sources within the United States. Notwithstanding the foregoing, a U.S. 

Source Withholdable Payment does not include any payment that is not treated as 

a withholdable payment in relevant U.S. Treasury Regulations. 

jj) An Entity is a "Related Entity" of another Entity if either Entity controls the 

other Entity, or the two Entities are under common control. For this purpose 

control includes direct or indirect ownership of more than 50 percent of the vote 

or value in an Entity. Notwithstanding the foregoing, the Republic of Azerbaijan 

may treat an Entity as not a Related Entity of another Entity if the two Entities are 

not members of the same expanded affiliated group as defined in section 

147l(e)(2) ofthe U.S. Internal Revenue Code. 

kk) The term "U.S. TIN" means a U.S. federal taxpayer identifying number. 

11) The term "Republic of Azerbaijan TIN" means a Republic of Azerbaijan 

taxpayer identifying number. 

mm) The term "Controlling Persons" means the natural persons who exercise control 

over an Entity. In the case of a trust, such term means the settlor, the trustees, the 

protector (if any), the beneficiaries or class of beneficiaries, and any other natural 

person exercising ultimate effective control over the trust, and in the case of a 

legal arrangement other than a trust, such term means persons in equivalent or 

similar positions. The term "Controlling Persons" shall be interpreted in a 

manner consistent with the Financial Action Task Force Recommendations. 

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2. Any term not otherwise defined in this Agreement shall, unless the context otherwise 

requires or the Competent Authorities agree to a common meaning (as permitted by domestic 

law), have the meaning that it has at that time under the law of the Party applying this 

Agreement, any meaning under the applicable tax laws of that Party prevailing over a meaning 

given to the term under other laws of that Party. 

Article 2 

Obligations to Obtain and Exchange Information with Respect to Reportable Accounts 

1. Subject to the provisions of Article 3 of this Agreement, each Party shall obtain the 

information specified in paragraph 2 of this Article with respect to all Reportable Accounts and 

shall annually exchange this information with the other Party on an automatic basis pursuant to 

the provisions of the Convention. 

2. The information to be obtained and exchanged is: 

a) In the case of the Republic of Azerbaijan with respect to each U.S. Reportable 

Account of each Reporting Republic of Azerbaijan Financial Institution: 

(1) the name, address, and U.S. TIN of each Specified U.S. Person that is an 

Account Holder of such account and, in the case of a Non-U.S. Entity that, 

after application of the due diligence procedures set forth in Annex I, is 

identified as having one or more Controlling Persons that is a Specified 

U.S. Person, the name, address, and U.S. TIN (if any) of such entity and 

each such Specified U.S. Person; 

(2) the account number (or functional equivalent in the absence of an account 

number); 

(3) the name and identifying number of the Reporting Republic of Azerbaijan 

Financial Institution; 

(4) the account balance or value (including, in the case of a Cash Value 

Insurance Contract or Annuity Contract, the Cash Value or surrender 

value) as of the end of the relevant calendar year or other appropriate 

reporting period or, if the account was closed during such year, 

immediately before closure; 

(5) in the case of any Custodial Account: 

(A) the total gross amount of interest, the total gross amount of 

dividends, and the total gross amount of other income generated 

with respect to the assets held in the account, in each case paid or 

credited to the account (or with respect to the account) during the 

calendar year or other appropriate reporting period; and 

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(B) the total gross proceeds from the sale or redemption of property 

paid or credited to the account during the calendar year or other 

appropriate reporting period with respect to which the Reporting 

Republic of Azerbaijan Financial Institution acted as a custodian, 

broker, nominee, or otherwise as an agent for the Account Holder; 

(6) in the case of any Depository Account, the total gross amount of interest 

paid or credited to the account during the calendar year or other 

appropriate reporting period; and 

(7) in the case of any account not described in subparagraph 2(a)(5) or 2(a)(6) 

of this Article, the total gross amount paid or credited to the Account 

Holder with respect to the account during the calendar year or other 

appropriate reporting period with respect to which the Reporting Republic 

of Azerbaijan Financial Institution is the obligor or debtor, including the 

aggregate amount of any redemption payments made to the Account 

Holder during the calendar year or other appropriate reporting period. 

b) In the case of the United States, with respect to each Republic of Azerbaijan 

Reportable Account of each Reporting U.S. Financial Institution: 

(1) the name, address, and Republic of Azerbaijan TIN of any person that is a 

resident ofthe Republic of Azerbaijan and is an Account Holder ofthe 

account; 

(2) the account number (or the functional equivalent in the absence of an 

account number); 

(3) the name and identifying number of the Reporting U.S. Financial 

Institution; 

( 4) the gross amount of interest paid on a Depository Account; 

(5) the gross amount of U.S. source dividends paid or credited to the account; 

and 

(6) the gross amount of other U.S. source income paid or credited to the 

account, to the extent subject to reporting under chapter 3 of subtitle A or 

chapter 61 of subtitle F ofthe U.S. Internal Revenue Code. 

Article3 

Time and Manner of Exchange of Information 

I. For purposes of the exchange obligation in Article 2 of this Agreement, the amount and 

characterization of payments made with respect to a U.S. Reportable Account may be determined 

in accordance with the principles of the tax laws of the Republic of Azerbaijan, and the amount 

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and characterization of payments made with respect to a Republic of Azerbaijan Reportable 

Account may be determined in accordance with principles of U.S. federal income tax law. 

2. For purposes of the exchange obligation in Article 2 of this Agreement, the information 

exchanged shall identify the currency in which each relevant amount is denominated. 

3. With respect to paragraph 2 of Article 2 of this Agreement, information is to be obtained 

and exchanged with respect to 2014 and all subsequent years, except that: 

a) In the case ofthe Republic of Azerbaijan: 

(1) the information to be obtained and exchanged with respect to 2014 is only 

the information described in subparagraphs 2(a)(l) through 2(a)(4) of 

Article 2 of this Agreement; 

(2) the information to be obtained and exchanged with respect to 2015 is the 

information described in subparagraphs 2(a)(l) through 2(a)(7) of Article 

2 of this Agreement, except for gross proceeds described in subparagraph 

2(a)(5)(B) of Article 2 of this Agreement; and 

(3) the information to be obtained and exchanged with respect to 2016 and 

subsequent years is the information described in subparagraphs 2(a)(1) 

through 2(a)(7) of Article 2 of this Agreement; 

b) In the case of the United States, the information to be obtained and exchanged 

with respect to 2014 and subsequent years is all of the information identified in 

subparagraph 2(b) of Article 2 of this Agreement. 

4. Notwithstanding paragraph 3 of this Article, with respect to each Reportable Account that 

is maintained by a Reporting Financial Institution as of June 30, 2014, and subject to paragraph 3 

of Article 6 of this Agreement, the Parties are not required to obtain and include in the exchanged 

information the Republic of Azerbaijan TIN or the U.S. TIN, as applicable, of any relevant 

person if such taxpayer identifying number is not in the records of the Reporting Financial 

Institution. In such a case, the Parties shall obtain and include in the exchanged information the 

date of birth of the relevant person, if the Reporting Financial Institution has such date of birth in 

its records. 

5. Subject to paragraphs 3 and 4 of this Article, the information described in Article 2 of this 

Agreement shall be exchanged within nine months after the end of the calendar year to which the 

information relates. 

6. The Competent Authorities of the Republic of Azerbaijan and the United States shall 

enter into an agreement or arrangement under the mutual agreement procedure provided for in 

Article 24 of the Convention, which shall: 

a) establish the procedures for the automatic exchange obligations described in 

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Article 2 of this Agreement; 

b) prescribe rules and procedures as may be necessary to implement Article 5 of this 

Agreement; and 

c) establish as necessary procedures for the exchange of the information reported 

under subparagraph 1 (b) of Article 4 of this Agreement. 

7. All information exchanged shall be subject to the confidentiality and other protections 

provided for in the Convention, including the provisions limiting the use of the information 

exchanged. 

8. Following entry into force of this Agreement, each Competent Authority shall provide 

written notification to the other Competent Authority when it is satisfied that the jurisdiction of 

the other Competent Authority has in place (i) appropriate safeguards to ensure that the 

information received pursuant to this Agreement shall remain confidential and be used solely for 

tax purposes, and (ii) the infrastructure for an effective exchange relationship (including 

established processes for ensuring timely, accurate, and confidential information exchanges, 

effective and reliable communications, and demonstrated capabilities to promptly resolve 

questions and concerns about exchanges or requests for exchanges and to administer the 

provisions of Article 5 of this Agreement). The Competent Authorities shall endeavor in good 

faith to meet, prior to September 2015, to establish that each jurisdiction has such safeguards and 

infrastructure in place. 

9. The obligations of the Parties to obtain and exchange information under Article 2 of this 

Agreement shall take effect on the date of the later of the written notifications described in 

paragraph 8 of this Article. Notwithstanding the foregoing, if the Republic of Azerbaijan 

Competent Authority is satisfied that the United States has the safeguards and infrastructure 

described in paragraph 8 of this Article in place, but additional time is necessary for the U.S. 

Competent Authority to establish that the Republic of Azerbaijan has such safeguards and 

infrastructure in place, the obligation of the Republic of Azerbaijan to obtain and exchange 

information under Article 2 of this Agreement shall take effect on the date of the written 

notification provided by the Republic of Azerbaijan Competent Authority to the U.S. Competent 

Authority pursuant to paragraph 8 of this Article. 

10. This Agreement shall terminate 12 months following entry into force if Article 2 ofthis 

Agreement is not in effect for either Party pursuant to paragraph 9 of this Article by that date. 

Article 4 

Application ofFATCA to Republic of Azerbaijan Financial Institutions 

1. Treatment of Reporting Republic of Azerbaijan Financial Institutions. Each 

Reporting Republic of Azerbaijan Financial Institution shall be treated as complying with, and 

not subject to withholding under, section 1471 of the U.S. Internal Revenue Code if the Republic 

of Azerbaijan complies with its obligations under Articles 2 and 3 of this Agreement with respect 

to such Reporting Republic of Azerbaijan Financial Institution, and the Reporting Republic of 

Azerbaijan Financial Institution: 

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a) identifies U.S. Reportable Accounts and reports annually to the Republic of 

Azerbaijan Competent Authority the information required to be reported in 

subparagraph 2(a) of Article 2 of this Agreement in the time and manner 

described in Article 3 of this Agreement; 

b) for each of2015 and 2016, reports annually to the Republic of Azerbaijan 

Competent Authority the name of each Nonparticipating Financial Institution to 

which it has made payments and the aggregate amount of such payments; 

c) complies with the applicable registration requirements on the IRS F ATCA 

registration website; 

d) to the extent that a Reporting Republic of Azerbaijan Financial Institution is (i) 

acting as a qualified intermediary (for purposes of section 1441 of the U.S. 

Internal Revenue Code) that has elected to assume primary withholding 

responsibility under chapter 3 of subtitle A of the U.S. Internal Revenue Code, (ii) 

a foreign partnership that has elected to act as a withholding foreign partnership 

(for purposes of both sections 1441 and 1471 of the U.S. Internal Revenue Code), 

or (iii) a foreign trust that has elected to act as a withholding foreign trust (for 

purposes ofboth sections 1441 and 1471 ofthe U.S. Internal Revenue Code), 

withholds 30 percent of any U.S. Source Withholdable Payment to any 

Nonparticipating Financial Institution; and 

e) in the case of a Reporting Republic of Azerbaijan Financial Institution that is not 

described in subparagraph 1 (d) of this Article and that makes a payment of, or 

acts as an intermediary with respect to, a U.S. Source Withholdable Payment to 

any Nonparticipating Financial Institution, the Reporting Republic of Azerbaijan 

Financial Institution provides to any immediate payor of such U.S. Source 

Withholdable Payment the information required for withholding and reporting to 

occur with respect to such payment. 

Notwithstanding the foregoing, a Reporting Republic of Azerbaijan Financial Institution with 

respect to which the conditions of this paragraph 1 are not satisfied shall not be subject to 

withholding under section 1471 of the U.S. Internal Revenue Code unless such Reporting 

Republic of Azerbaijan Financial Institution is treated by the IRS as a Nonparticipating Financial 

Institution pursuant to subparagraph 2(b) of Article 5 of this Agreement. 

2. Suspension of Rules Relating to Recalcitrant Accounts. The United States shall not 

require a Reporting Republic of Azerbaijan Financial Institution to withhold tax under section 

1471 or 1472 of the U.S. Internal Revenue Code with respect to an account held by a recalcitrant 

account holder (as defined in section 1471(d)(6) of the U.S. Internal Revenue Code), or to close 

such account, ifthe U.S. Competent Authority receives the information set forth in subparagraph 

2(a) of Article 2 of this Agreement, subject to the provisions of Article 3 of this Agreement, with 

respect to such account. 

13 
3. Specific Treatment of the Republic of Azerbaijan Retirement Plans. The United 

States shall treat as deemed-compliant FFis or exempt beneficial owners, as appropriate, for 

purposes of sections 1471 and 1472 ofthe U.S. Internal Revenue Code, the Republic of 

Azerbaijan retirement plans described in Annex II. For this purpose, a Republic of Azerbaijan 

retirement plan includes an Entity established or located in, and regulated by, the Republic of 

Azerbaijan, or a predetermined contractual or legal arrangement, operated to provide pension or 

retirement benefits or earn income for providing such benefits under the laws of the Republic of 

Azerbaijan and regulated with respect to contributions, distributions, reporting, sponsorship, and 

taxation. 

4. Identification and Treatment of Other Deemed-Compliant FFis and Exempt 

Beneficial Owners. The United States shall treat each Non-Reporting Republic of Azerbaijan 

Financial Institution as a deemed-compliant FFI or as an exempt beneficial owner, as 

appropriate, for purposes of section 1471 ofthe U.S. Internal Revenue Code. 

5. Special Rules Regarding Related Entities and Branches That Are Nonparticipating 

Financial Institutions. If a Republic of Azerbaijan Financial Institution, that otherwise meets 

the requirements described in paragraph 1 of this Article or is described in paragraph 3 or 4 of 

this Article, has a Related Entity or branch that operates in a jurisdiction that prevents such 

Related Entity or branch from fulfilling the requirements of a participating FFI or deemedcompliant FFI for purposes of section 1471 ofthe U.S. Internal Revenue Code or has a Related 

Entity or branch that is treated as a Nonparticipating Financial Institution solely due to the 

expiration of the transitional rule for limited FFis and limited branches under relevant U.S. 

Treasury Regulations, such Republic of Azerbaijan Financial Institution shall continue to be in 

compliance with the terms of this Agreement and shall continue to be treated as a deemedcompliant FFI or exempt beneficial owner, as appropriate, for purposes of section 14 71 of the 

U.S. Internal Revenue Code, provided that: 

a) the Republic of Azerbaijan Financial Institution treats each such Related Entity or 

branch as a separate Nonparticipating Financial Institution for purposes of all the 

reporting and withholding requirements of this Agreement and each such Related 

Entity or branch identifies itself to withholding agents as a Nonparticipating 

Financial Institution; 

b) each such Related Entity or branch identifies its U.S. accounts and reports the 

information with respect to those accounts as required under section 14 71 of the 

U.S. Internal Revenue Code to the extent permitted under the relevant laws 

pertaining to the Related Entity or branch; and 

c) such Related Entity or branch does not specifically solicit U.S. accounts held by 

persons that are not resident in the jurisdiction where such Related Entity or 

branch is located or accounts held by Nonparticipating Financial Institutions that 

are not established in the jurisdiction where such Related Entity or branch is 

located, and such Related Entity or branch is not used by the Republic of 

Azerbaijan Financial Institution or any other Related Entity to circumvent the 

obligations under this Agreement or under section 1471 of the U.S. Internal 

14 
Revenue Code, as appropriate. 

6. Coordination of Timing. Notwithstanding paragraphs 3 and 5 of Article 3 of this 

Agreement: 

a) the Republic of Azerbaijan shall not be obligated to obtain and exchange 

information with respect to a calendar year that is prior to the calendar year with 

respect to which similar information is required to be reported to the IRS by 

participating FFis pursuant to relevant U.S. Treasury Regulations; 

b) the Republic of Azerbaijan shall not be obligated to begin exchanging information 

prior to the date by which participating FFis are required to report similar 

information to the IRS under relevant U.S. Treasury Regulations; 

c) the United States shall not be obligated to obtain and exchange information with 

respect to a calendar year that is prior to the first calendar year with respect to 

which the Republic of Azerbaijan is required to obtain and exchange information; 

and 

d) the United States shall not be obligated to begin exchanging information prior to 

the date by which the Republic of Azerbaijan is required to begin exchanging 

information. 

7. Coordination of Definitions with U.S. Treasury Regulations. Notwithstanding Article 

1 of this Agreement and the definitions provided in the Annexes to this Agreement, in 

implementing this Agreement, the Republic of Azerbaijan may use, and may permit the Republic 

of Azerbaijan Financial Institutions to use, a definition in relevant U.S. Treasury Regulations in 

lieu of a corresponding definition in this Agreement, provided that such application would not 

frustrate the purposes of this Agreement. 

Article 5 

Collaboration on Compliance and Enforcement 

1. Minor and Administrative Errors. A Competent Authority shall notify the Competent 

Authority ofthe other Party when the first-mentioned Competent Authority has reason to believe 

that administrative errors or other minor errors may have led to incorrect or incomplete 

information reporting or resulted in other infringements of this Agreement. The Competent 

Authority of such other Party shall apply its domestic law (including applicable penalties) to 

obtain corrected and/or complete information or to resolve other infringements of this 

Agreement. 

2. Significant Non-Compliance. 

a) A Competent Authority shall notify the Competent Authority of the other Party 

when the first-mentioned Competent Authority has determined that there is 

significant non-compliance with the obligations under this Agreement with 

15 
respect to a Reporting Financial Institution in the other jurisdiction. The 

Competent Authority of such other Party shall apply its domestic law (including 

applicable penalties) to address the significant non-compliance described in the 

notice. 

b) If, in the case of a Reporting Republic of Azerbaijan Financial Institution, such 

enforcement actions do not resolve the non-compliance within a period of 18 

months after notification of significant non-compliance is first provided, the 

United States shall treat the Reporting Republic of Azerbaijan Financial 

Institution as a Nonparticipating Financial Institution pursuant to this 

subparagraph 2(b ). 

3. Reliance on Third Partv Service Providers. Each Party may allow Reporting Financial 

Institutions to use third party service providers to fulfill the obligations imposed on such 

Reporting Financial Institutions by a Party, as contemplated in this Agreement, but these 

obligations shall remain the responsibility of the Reporting Financial Institutions. 

4. Prevention of Avoidance. The Parties shall implement as necessary requirements to 

prevent Financial Institutions from adopting practices intended to circumvent the reporting 

required under this Agreement. 

Article 6 

Mutual Commitment to Continue to Enhance the Effectiveness of Information Exchange 

and Transparency 

1. Reciprocitv. The Government of the United States acknowledges the need to achieve 

equivalent levels of reciprocal automatic information exchange with the Republic of Azerbaijan. 

The Government of the United States is committed to further improve transparency and enhance 

the exchange relationship with the Republic of Azerbaijan by pursuing the adoption of 

regulations and advocating and supporting relevant legislation to achieve such equivalent levels 

of reciprocal automatic information exchange. 

2. Treatment of Passthru Payments and Gross Proceeds. The Parties are committed to 

work together, along with Partner Jurisdictions, to develop a practical and effective alternative 

approach to achieve the policy objectives of foreign passthru payment and gross proceeds 

withholding that minimizes burden. 

3. Documentation of Accounts Maintained as of June 30, 2014. With respect to 

Reportable Accounts maintained by a Reporting Financial Institution as of June 30, 2014: 

a) The United States commits to establish, by January 1, 2017, for reporting with 

respect to 2017 and subsequent years, rules requiring Reporting U.S. Financial 

Institutions to obtain and report the Republic of Azerbaijan TIN of each Account 

Holder of a Republic of Azerbaijan Reportable Account as required pursuant to 

subparagraph 2(b )(1) of Article 2 of this Agreement; and 

16 
b) the Republic of Azerbaijan commits to establish, by January 1, 2017, for reporting 

with respect to 2017 and subsequent years, rules requiring Reporting Republic of 

Azerbaijan Financial Institutions to obtain the U.S. TIN of each Specified U.S. 

Person as required pursuant to subparagraph 2(a)(1) of Article 2 of this 

Agreement. 

Article 7 

Consistency in the Application ofFATCA to Partner Jurisdictions 

1. The Republic of Azerbaijan shall be granted the benefit of any more favorable terms 

under Article 4 or Annex I of this Agreement relating to the application ofF ATCA to Republic 

of Azerbaijan Financial Institutions afforded to another Partner Jurisdiction under a signed 

bilateral agreement pursuant to which the other Partner Jurisdiction commits to undertake the 

same obligations as the Republic of Azerbaijan described in Articles 2 and 3 of this Agreement, 

and subject to the same terms and conditions as described therein and in Articles 5 through 9 of 

this Agreement. 

2. The United States shall notify the Republic of Azerbaijan of any such more favorable 

terms, and such more favorable terms shall apply automatically under this Agreement as if such 

terms were specified in this Agreement and effective as of the date of signing of the agreement 

incorporating the more favorable terms, unless the Republic of Azerbaijan declines in writing the 

application thereof. 

ArticleS 

Consultations and Amendments 

1. In case any difficulties in the implementation of this Agreement arise, either Party may 

request consultations to develop appropriate measures to ensure the fulfillment of this 

Agreement. 

2. This Agreement may be amended by written mutual agreement of the Parties. Unless 

otherwise agreed upon, such an amendment shall enter into force through the same procedures as 

set forth in paragraph 1 of Article 1 0 of this Agreement. 

Article 9 

Annexes 

The Annexes form an integral part of this Agreement. 

Article 10 

Term of Agreement 

1. This Agreement shall enter into force on the date of the Republic of Azerbaijan's written 

notification to the United States that the Republic of Azerbaijan has completed its necessary 

internal procedures for entry into force of this Agreement. 

17 
2. Either Party may terminate this Agreement by giving notice of termination in writing to 

the other Party. Such termination shall become effective on the first day of the month following 

the expiration of a period of 12 months after the date of the notice of termination. 

3. The Parties shall, prior to December 31, 2016, consult in good faith to amend this 

Agreement as necessary to reflect progress on the commitments set forth in Article 6 of this 

Agreement. 

In witness whereof, the undersigned, being duly authorized thereto by their respective 

Governments, have signed this Agreement. 

Done at [.B:,rv ], in duplicate, in the English and Azerbaijani languages, both texts being equally 

authentic, this~ day of~ 20~. 

FOR THE GOVERNMENT OF 

THE UNITED STATES OF AMERICA: 

FORTHEGOVERNMENTOFTHE 

REPUBLIC OF AZERBAIJ~ 

(llc::l~v/,. 

18 
ANNEX I 

DUE DILIGENCE OBLIGATIONS FOR IDENTIFYING AND REPORTING ON U.S. 

REPORTABLE ACCOUNTS AND ON PAYMENTS TO CERTAIN NONPARTICIPATING 

FINANCIAL INSTITUTIONS 

I. General. 

A. The Republic of Azerbaijan shall require that Reporting Republic of Azerbaijan Financial 

Institutions apply the due diligence procedures contained in this Annex I to identify U.S. 

Reportable Accounts and accounts held by Nonparticipating Financial Institutions. 

B. For purposes of the Agreement, 

1. All dollar amounts are in U.S. dollars and shall be read to include the equivalent in 

other currencies. 

2. Except as otherwise provided herein, the balance or value of an account shall be 

determined as of the last day of the calendar year or other appropriate reporting period. 

3. Where a balance or value threshold is to be determined as of June 30, 2014 under 

this Annex I, the relevant balance or value shall be determined as of that day or the last 

day of the reporting period ending immediately before June 30,2014, and where a 

balance or value threshold is to be determined as of the last day of a calendar year under 

this Annex I, the relevant balance or value shall be determined as of the last day of the 

calendar year or other appropriate reporting period. 

4. Subject to subparagraph E(l) of section II of this Annex I, an account shall be 

treated as a U.S. Reportable Account beginning as of the date it is identified as such 

pursuant to the due diligence procedures in this Annex I. 

5. Unless otherwise provided, information with respect to a U.S. Reportable Account 

shall be reported annually in the calendar year following the year to which the 

information relates. 

C. As an alternative to the procedures described in each section ofthis Annex I, the Republic 

of Azerbaijan may permit Reporting Republic of Azerbaijan Financial Institutions to rely on the 

procedures described in relevant U.S. Treasury Regulations to establish whether an account is a 

U.S. Reportable Account or an account held by a Nonparticipating Financial Institution. The 

Republic of Azerbaijan may permit Reporting Republic of Azerbaijan Financial Institutions to 

make such election separately for each section of this Annex I either with respect to all relevant 

Financial Accounts or, separately, with respect to any clearly identified group of such accounts 

(such as by line of business or the location of where the account is maintained). 

II. Preexisting Individual Accounts. The following rules and procedures apply for purposes of 

identifying U.S. Reportable Accounts among Preexisting Accounts held by individuals ("Preexisting 

Individual Accounts"). 

1 
A. Accounts Not Required to Be Reviewed, Identified, or Reported. Unless the 

Reporting Republic of Azerbaijan Financial Institution elects otherwise, either with respect to all 

Preexisting Individual Accounts or, separately, with respect to any clearly identified group of 

such accounts, where the implementing rules in the Republic of Azerbaijan provide for such an 

election, the following Preexisting Individual Accounts are not required to be reviewed, 

identified, or reported as U.S. Reportable Accounts: 

1. Subject to subparagraph E(2) ofthis section, a Preexisting Individual Account 

with a balance or value that does not exceed $50,000 as of June 30, 2014. 

2. Subject to subparagraph E(2) of this section, a Preexisting Individual Account that 

is a Cash Value Insurance Contract or an Annuity Contract with a balance or value of 

$250,000 or less as of June 30, 2014. 

3. A Preexisting Individual Account that is a Cash Value Insurance Contract or an 

Annuity Contract, provided the law or regulations of the Republic of Azerbaijan or the 

United States effectively prevent the sale of such a Cash Value Insurance Contract or an 

Annuity Contract to U.S. residents (e.g., if the relevant Financial Institution does not have 

the required registration under U.S. law, and the law ofthe Republic of Azerbaijan 

requires reporting or withholding with respect to insurance products held by residents of 

the Republic of Azerbaijan). 

4. A Depository Account with a balance of $50,000 or less. 

B. Review Procedures for Preexisting Individual Accounts With a Balance or Value as 

of June 30,2014. that Exceeds $50,000 ($250,000 for a Cash Value Insurance Contract or 

Annuity Contract), But Does Not Exceed $1,000,000 ("Lower Value Accounts"). 

1. Electronic Record Search. The Reporting Republic of Azerbaijan Financial 

Institution must review electronically searchable data maintained by the Reporting 

Republic of Azerbaijan Financial Institution for any of the following U.S. indicia: 

a) Identification of the Account Holder as a U.S. citizen or resident; 

b) Unambiguous indication of a U.S. place ofbirth; 

c) Current U.S. mailing or residence address (including a U.S. post office 

box); 

d) Current U.S. telephone number; 

e) Standing instructions to transfer funds to an account maintained in the 

United States; 

f) Currently effective power of attorney or signatory authority granted to a 

person with a U.S. address; or 

2 
g) An "in-care-of' or "hold mail" address that is the sole address the 

Reporting Republic of Azerbaijan Financial Institution has on file for the Account 

Holder. In the case of a Preexisting Individual Account that is a Lower Value 

Account, an "in-care-of' address outside the United States or "hold mail" address 

shall not be treated as U.S. indicia. 

2. If none of the U.S. indicia listed in subparagraph B(l) of this section are 

discovered in the electronic search, then no further action is required until there is a 

change in circumstances that results in one or more U.S. indicia being associated with the 

account, or the account becomes a High Value Account described in paragraph D of this 

section. 

3. If any of the U.S. indicia listed in subparagraph B(l) of this section are discovered 

in the electronic search, or if there is a change in circumstances that results in one or more 

U.S. indicia being associated with the account, then the Reporting Republic of Azerbaijan 

Financial Institution must treat the account as a U.S. Reportable Account unless it elects 

to apply subparagraph B(4) ofthis section and one ofthe exceptions in such subparagraph 

applies with respect to that account. 

4. Notwithstanding a fmding of U.S. indicia under subparagraph B(l) of this section, 

a Reporting Republic of Azerbaijan Financial Institution is not required to treat an 

account as a U.S. Reportable Account if: 

a) Where the Account Holder information unambiguously indicates a U.S. 

place of birth, the Reporting Republic of Azerbaijan Financial Institution obtains, 

or has previously reviewed and maintains a record of: 

(1) A self-certification that the Account Holder is neither a U.S. citizen 

nor a U.S. resident for tax purposes (which may be on an IRS Form W-8 or 

other similar agreed form); 

(2) A non-U.S. passport or other government-issued identification 

evidencing the Account Holder's citizenship or nationality in a country 

other than the United States; and 

(3) A copy of the Account Holder's Certificate of Loss ofNationality 

of the United States or a reasonable explanation of: 

(a) The reason the Account Holder does not have such a 

certificate despite relinquishing U.S. citizenship; or 

(b) The reason the Account Holder did not obtain U.S. 

citizenship at birth. 

b) Where the Account Holder information contains a cu"ent U.S. mailing or 

residence address, or one or more U.S. telephone numbers that are the only 

telephone numbers associated with the account, the Reporting Republic of 

3 
Azerbaijan Financial Institution obtains, or has previously reviewed and maintains 

a record of: 

(1) A self-certification that the Account Holder is neither a U.S. citizen 

nor a U.S. resident for tax purposes (which may be on an IRS Form W-8 or 

other similar agreed form); and 

(2) Documentary evidence, as defined in paragraph D of section VI of 

this Annex I, establishing the Account Holder's non-U.S. status. 

c) Where the Account Holder information contains standing instructions to 

transfer funds to an account maintained in the United States, the Reporting 

Republic of Azerbaijan Financial Institution obtains, or has previously reviewed 

and maintains a record of: 

(1) A self-certification that the Account Holder is neither a U.S. citizen 

nor a U.S. resident for tax purposes (which may be on an IRS Form W-8 or 

other similar agreed form); and 

(2) Documentary evidence, as defined in paragraph D of section VI of 

this Annex I, establishing the Account Holder's non-U.S. status. 

d) Where the Account Holder information contains a currently effective 

power of attorney or signatory authority granted to a person with a U.S. address, 

has an "in-care-or address or "hold mail" address that is the sole address 

identified for the Account Holder, or has one or more U.S. telephone numbers 

(if a non-U.S. telephone number is also associated with the account), the 

Reporting Republic of Azerbaijan Financial Institution obtains, or has previously 

reviewed and maintains a record of: 

(1) A self-certification that the Account Holder is neither a U.S. citizen 

nor a U.S. resident for tax purposes (which may be on an IRS Form W-8 or 

other similar agreed form); or 

(2) Documentary evidence, as defined in paragraph D of section VI of 

this Annex I, establishing the Account Holder's non-U.S. status. 

C. Additional Procedures Applicable to Preexisting Individual Accounts That Are 

Lower Value Accounts. 

1. Review of Preexisting Individual Accounts that are Lower Value Accounts for 

U.S. indicia must be completed by June 30, 2016. 

2. If there is a change of circumstances with respect to a Preexisting Individual 

Account that is a Lower Value Account that results in one or more U.S. indicia described 

in subparagraph B{l) ofthis section being associated with the account, then the Reporting 

Republic of Azerbaijan Financial Institution must treat the account as a U.S. Reportable 

Account unless subparagraph B(4) of this section applies. 

4 
3. Except for Depository Accounts described in subparagraph A(4) of this section, 

any Preexisting Individual Account that has been identified as a U.S. Reportable Account 

under this section shall be treated as a U.S. Reportable Account in all subsequent years, 

unless the Account Holder ceases to be a Specified U.S. Person. 

D. Enhanced Review Procedures for Preexisting Individual Accounts With a Balance or 

Value That Exceeds $1,000,000 as of June 30,2014, or December 31 of2015 or Any 

Subsequent Year ("High Value Accounts"). 

I. Electronic Record Search. The Reporting Republic of Azerbaijan Financial 

Institution must review electronically searchable data maintained by the Reporting 

Republic of Azerbaijan Financial Institution for any ofthe U.S. indicia described in 

subparagraph B(l) of this section. 

2. Paper Record Search. If the Reporting Republic of Azerbaijan Financial 

Institution's electronically searchable databases include fields for, and capture all of the 

information described in, subparagraph D(3) of this section, then no further paper record 

search is required. If the electronic databases do not capture all of this information, then 

with respect to a High Value Account, the Reporting Republic of Azerbaijan Financial 

Institution must also review the current customer master file and, to the extent not 

contained in the current customer master file, the following documents associated with the 

account and obtained by the Reporting Republic of Azerbaijan Financial Institution within 

the last five years for any of the U.S. indicia described in subparagraph B(l) of this 

section: 

a) The most recent documentary evidence collected with respect to the 

account; 

b) The most recent account opening contract or documentation; 

c) The most recent documentation obtained by the Reporting Republic of 

Azerbaijan Financial Institution pursuant to AMLIKYC Procedures or for other 

regulatory purposes; 

d) Any power of attorney or signature authority forms currently in effect; and 

e) Any standing instructions to transfer funds currently in effect. 

3. Exception Where Databases Contain Sufficient Information. A Reporting 

Republic of Azerbaijan Financial Institution is not required to perform the paper record 

search described in subparagraph D(2) ofthis section if the Reporting Republic of 

Azerbaijan Financial Institution's electronically searchable information includes the 

following: 

a) The Account Holder's nationality or residence status; 

5 
b) The Account Holder's residence address and mailing address currently on 

file with the Reporting Republic of Azerbaijan Financial Institution; 

c) The Account Holder's telephone number( s) currently on file, if any, with 

the Reporting Republic of Azerbaijan Financial Institution; 

d) Whether there are standing instructions to transfer funds in the account to 

another account (including an account at another branch of the Reporting Republic 

of Azerbaijan Financial Institution or another Financial Institution); 

e) Whether there is a current "in-care-of' address or "hold mail" address for 

the Account Holder; and 

f) Whether there is any power of attorney or signatory authority for the 

account. 

4. Relationship Manager Inquiry for Actual Knowledge. In addition to the 

electronic and paper record searches described above, the Reporting Republic of 

Azerbaijan Financial Institution must treat as a U.S. Reportable Account any High Value 

Account assigned to a relationship manager (including any Financial Accounts aggregated 

with such High Value Account) if the relationship manager has actual knowledge that the 

Account Holder is a Specified U.S. Person. 

5. Effect of Finding U.S. Indicia. 

a) If none ofthe U.S. indicia listed in subparagraph B(l) ofthis section are 

discovered in the enhanced review of High Value Accounts described above, and 

the account is not identified as held by a Specified U.S. Person in subparagraph 

D(4) of this section, then no further action is required until there is a change in 

circumstances that results in one or more U.S. indicia being associated with the 

account. 

b) If any of the U.S. indicia listed in subparagraph B(l) of this section are 

discovered in the enhanced review of High Value Accounts described above, or if 

there is a subsequent change in circumstances that results in one or more U.S. 

indicia being associated with the account, then the Reporting Republic of 

Azerbaijan Financial Institution must treat the account as a U.S. Reportable 

Account unless it elects to apply subparagraph B(4) of this section and one of the 

exceptions in such subparagraph applies with respect to that account. 

c) Except for Depository Accounts described in subparagraph A(4) of this 

section, any Preexisting Individual Account that has been identified as a U.S. 

Reportable Account under this section shall be treated as a U.S. Reportable 

Account in all subsequent years, unless the Account Holder ceases to be a 

Specified U.S. Person. 

E. Additional Procedures Applicable to High Value Accounts. 

6 
1. If a Preexisting Individual Account is a High Value Account as of June 30, 2014, 

the Reporting Republic of Azerbaijan Financial Institution must complete the enhanced 

review procedures described in paragraph D of this section with respect to such account 

by June 30, 2015. If based on this review such account is identified as a U.S. Reportable 

Account on or before December 31,2014, the Reporting Republic of Azerbaijan Financial 

Institution must report the required information about such account with respect to 2014 

in the first report on the account and on an annual basis thereafter. In the case of an 

account identified as a U.S. Reportable Account after December 31,2014 and on or 

before June 30,2015, the Reporting Republic of Azerbaijan Financial Institution is not 

required to report information about such account with respect to 2014, but must report 

information about the account on an annual basis thereafter. 

2. If a Preexisting Individual Account is not a High Value Account as of June 30, 

2014, but becomes a High Value Account as of the last day of2015 or any subsequent 

calendar year, the Reporting Republic of Azerbaijan Financial Institution must complete 

the enhanced review procedures described in paragraph D of this section with respect to 

such account within six months after the last day of the calendar year in which the 

account becomes a High Value Account. If based on this review such account is identified 

as a U.S. Reportable Account, the Reporting Republic of Azerbaijan Financial Institution 

must report the required information about such account with respect to the year in which 

it is identified as a U.S. Reportable Account and subsequent years on an annual basis, 

unless the Account Holder ceases to be a Specified U.S. Person. 

3. Once a Reporting Republic of Azerbaijan Financial Institution applies the 

enhanced review procedures described in paragraph D of this section to a High Value 

Account, the Reporting Republic of Azerbaijan Financial Institution is not required to reapply such procedures, other than the relationship manager inquiry described in 

subparagraph D( 4) of this section, to the same High Value Account in any subsequent 

year. 

4. If there is a change of circumstances with respect to a High Value Account that 

results in one or more U.S. indicia described in subparagraph B(l) of this section being 

associated with the account, then the Reporting Republic of Azerbaijan Financial 

Institution must treat the account as a U.S. Reportable Account unless it elects to apply 

subparagraph B(4) ofthis section and one ofthe exceptions in such subparagraph applies 

with respect to that account. 

5. A Reporting Republic of Azerbaijan Financial Institution must implement 

procedures to ensure that a relationship manager identifies any change in circumstances of 

an account. For example, if a relationship manager is notified that the Account Holder 

has a new mailing address in the United States, the Reporting Republic of Azerbaijan 

Financial Institution is required to treat the new address as a change in circumstances and, 

if it elects to apply subparagraph B(4) ofthis section, is required to obtain the appropriate 

documentation from the Account Holder. 

F. Preexisting Individual Accounts That Have Been Documented for Certain Other 

Purposes. A Reporting Republic of Azerbaijan Financial Institution that has previously obtained 

documentation from an Account Holder to establish the Account Holder's status as neither a U.S. 

7 
citizen nor a U.S. resident in order to meet its obligations under a qualified intermediary, 

withholding foreign partnership, or withholding foreign trust agreement with the IRS, or to fulfill 

its obligations under chapter 61 of Title 26 of the United States Code, is not required to perform 

the procedures described in subparagraph B(l) of this section with respect to Lower Value 

Accounts or subparagraphs D(1) through D(3) of this section with respect to High Value 

Accounts. 

III. New Individual Accounts. The following rules and procedures apply for purposes of identifying 

U.S. Reportable Accounts among Financial Accounts held by individuals and opened on or after July 1, 

2014 (''New Individual Accounts"). 

A. Accounts Not Required to Be Reviewed, Identified, or Reported. Unless the Reporting 

Republic of Azerbaijan Financial Institution elects otherwise, either with respect to all New 

Individual Accounts or, separately, with respect to any clearly identified group of such accounts, 

where the implementing rules in the Republic of Azerbaijan provide for such an election, the 

following New Individual Accounts are not required to be reviewed, identified, or reported as 

U.S. Reportable Accounts: 

1. A Depository Account unless the account balance exceeds $50,000 at the end of 

any calendar year or other appropriate reporting period. 

2. A Cash Value Insurance Contract unless the Cash Value exceeds $50,000 at the 

end of any calendar year or other appropriate reporting period. 

B. Other New Individual Accounts. With respect to New Individual Accounts not 

described in paragraph A of this section, upon account opening (or within 90 days after the end of 

the calendar year in which the account ceases to be described in paragraph A of this section), the 

Reporting Republic of Azerbaijan Financial Institution must obtain a self-certification, which 

may be part of the account opening documentation, that allows the Reporting Republic of 

Azerbaijan Financial Institution to determine whether the Account Holder is resident in the 

United States for tax purposes (for this purpose, a U.S. citizen is considered to be resident in the 

United States for tax purposes, even if the Account Holder is also a tax resident of another 

jurisdiction) and confirm the reasonableness of such self-certification based on the information 

obtained by the Reporting Republic of Azerbaijan Financial Institution in connection with the 

opening of the account, including any documentation collected pursuant to AMLIKYC 

Procedures. 

1. If the self-certification establishes that the Account Holder is resident in the 

United States for tax purposes, the Reporting Republic of Azerbaijan Financial Institution 

must treat the account as a U.S. Reportable Account and obtain a self-certification that 

includes the Account Holder's U.S. TIN (which may be an IRS Form W-9 or other similar 

agreed form). 

2. If there is a change of circumstances with respect to a New Individual Account 

that causes the Reporting Republic of Azerbaijan Financial Institution to know, or have 

reason to know, that the original self-certification is incorrect or unreliable, the Reporting 

Republic of Azerbaijan Financial Institution cannot rely on the original self-certification 

and must obtain a valid self-certification that establishes whether the Account Holder is a 

8 
U.S. citizen or resident for U.S. tax purposes. If the Reporting Republic of Azerbaijan 

Financial Institution is unable to obtain a valid self-certification, the Reporting Republic 

of Azerbaijan Financial Institution must treat the account as a U.S. Reportable Account. 

IV. Preexisting Entity Accounts. The following rules and procedures apply for purposes of 

identifying U.S. Reportable Accounts and accounts held by Nonparticipating Financial Institutions 

among Preexisting Accounts held by Entities ("Preexisting Entity Accounts"). 

A. Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the 

Reporting Republic of Azerbaijan Financial Institution elects otherwise, either with respect to all 

Preexisting Entity Accounts or, separately, with respect to any clearly identified group of such 

accounts, where the implementing rules in the Republic of Azerbaijan provide for such an 

election, a Preexisting Entity Account with an account balance or value that does not exceed 

$250,000 as of June 30,2014, is not required to be reviewed, identified, or reported as a U.S. 

Reportable Account until the account balance or value exceeds $1,000,000. 

B. Entity Accounts Subject to Review. A Preexisting Entity Account that has an account 

balance or value that exceeds $250,000 as of June 30, 2014, and a Preexisting Entity Account that 

does not exceed $250,000 as of June 30,2014 but the account balance or value of which exceeds 

$1,000,000 as of the last day of2015 or any subsequent calendar year, must be reviewed in 

accordance with the procedures set forth in paragraph D of this section. 

C. Entity Accounts With Respect to Which Reporting Is Required. With respect to 

Preexisting Entity Accounts described in paragraph B of this section, only accounts that are held 

by one or more Entities that are Specified U.S. Persons, or by Passive NFFEs with one or more 

Controlling Persons who are U.S. citizens or residents, shall be treated as U.S. Reportable 

Accounts. In addition, accounts held by Nonparticipating Financial Institutions shall be treated as 

accounts for which aggregate payments as described in subparagraph 1 (b) of Article 4 of the 

Agreement are reported to the Republic of Azerbaijan Competent Authority. 

D. Review Procedures for Identifying Entity Accounts With Respect to Which 

Reporting Is Required. For Preexisting Entity Accounts described in paragraph B of this 

section, the Reporting Republic of Azerbaijan Financial Institution must apply the following 

review procedures to determine whether the account is held by one or more Specified U.S. 

Persons, by Passive NFFEs with one or more Controlling Persons who are U.S. citizens or 

residents, or by Nonparticipating Financial Institutions: 

1. Determine Whether the Entity Is a Specified U.S. Person. 

a) Review information maintained for regulatory or customer relationship 

purposes (including information collected pursuant to AML/K.YC Procedures) to 

determine whether the information indicates that the Account Holder is a U.S. 

Person. For this purpose, information indicating that the Account Holder is a U.S. 

Person includes a U.S. place of incorporation or organization, or a U.S. address. 

b) If the information indicates that the Account Holder is a U.S. Person, the 

Reporting Republic of Azerbaijan Financial Institution must treat the account as a 

U.S. Reportable Account unless it obtains a self-certification from the Account 

9 
Holder (which may be on an IRS Form W-8 or W-9, or a similar agreed form), or 

reasonably determines based on information in its possession or that is publicly 

available, that the Account Holder is not a Specified U.S. Person. 

2. Determine Whether a Non-U.S. Entity Is a Financial Institution. 

a) Review information maintained for regulatory or customer relationship 

purposes (including information collected pursuant to AMLIKYC Procedures) to 

determine whether the information indicates that the Account Holder is a Financial 

Institution. 

b) If the information indicates that the Account Holder is a Financial 

Institution, or the Reporting Republic of Azerbaijan Financial Institution verifies 

the Account Holder's Global Intermediary Identification Number on the published 

IRS FFI list, then the account is not a U.S. Reportable Account. 

3. Determine Whether a Financial Institution Is a Nonparticipating Financial 

Institution Payments to Which Are Subject to Agmgate Reporting Under 

Subparagraph l(b) of Article 4 of the Agreement. 

a) Subject to subparagraph D(3)(b) of this section, a Reporting Republic of 

Azerbaijan Financial Institution may determine that the Account Holder is a 

Republic of Azerbaijan Financial Institution or other Partner Jurisdiction Financial 

Institution if the Reporting Republic of Azerbaijan Financial Institution reasonably 

determines that the Account Holder has such status on the basis of the Account 

Holder's Global Intermediary Identification Number on the published IRS FFI list 

or other information that is publicly available or in the possession ofthe Reporting 

Republic of Azerbaijan Financial Institution, as applicable. In such case, no 

further review, identification, or reporting is required with respect to the account. 

b) If the Account Holder is a Republic of Azerbaijan Financial Institution or 

other Partner Jurisdiction Financial Institution treated by the IRS as a 

Nonparticipating Financial Institution, then the account is not a U.S. Reportable 

Account, but payments to the Account Holder must be reported as contemplated in 

subparagraph 1 (b) of Article 4 of the Agreement. 

c) If the Account Holder is not a Republic of Azerbaijan Financial Institution 

or other Partner Jurisdiction Financial Institution, then the Reporting Republic of 

Azerbaijan Financial Institution must treat the Account Holder as a 

Nonparticipating Financial Institution payments to which are reportable under 

subparagraph 1 (b) of Article 4 of the Agreement, unless the Reporting Republic of 

Azerbaijan Financial Institution: 

(1) Obtains a self-certification (which may be on an IRS Form W-8 or 

similar agreed form) from the Account Holder that it is a certified deemedcompliant FFI, or an exempt beneficial owner, as those terms are defined 

in relevant U.S. Treasury Regulations; or 

10 
(2) In the case of a participating FFI or registered deemed-compliant 

FFI, verifies the Account Holder's Global Intermediary Identification 

Number on the published IRS FFI list. 

4. Determine Whether an Account Held by an NFFE Is a U.S. Reportable 

Account. With respect to an Account Holder of a Preexisting Entity Account that is not 

identified as either a U.S. Person or a Financial Institution, the Reporting Republic of 

Azerbaijan Financial Institution must identify (i) whether the Account Holder has 

Controlling Persons, (ii) whether the Account Holder is a Passive NFFE, and (iii) whether 

any of the Controlling Persons of the Account Holder is a U.S. citizen or resident. In 

making these determinations the Reporting Republic of Azerbaijan Financial Institution 

must follow the guidance in subparagraphs D(4)(a) through D(4)(d) of this section in the 

order most appropriate under the circumstances. 

a) For purposes of determining the Controlling Persons of an Account 

Holder, a Reporting Republic of Azerbaijan Financial Institution may rely on 

information collected and maintained pursuant to AML/KYC Procedures. 

b) For purposes of determining whether the Account Holder is a Passive 

NFFE, the Reporting Republic of Azerbaijan Financial Institution must obtain a 

self-certification (which may be on an IRS Form W-8 or W-9, or on a similar 

agreed form) from the Account Holder to establish its status, unless it has 

information in its possession or that is publicly available, based on which it can 

reasonably determine that the Account Holder is an Active NFFE. 

c) For purposes of determining whether a Controlling Person of a Passive 

NFFE is a U.S. citizen or resident for tax purposes, a Reporting Republic of 

Azerbaijan Financial Institution may rely on: 

(1) Information collected and maintained pursuant to AML/KYC 

Procedures in the case of a Preexisting Entity Account held by one or more 

NFFEs with an account balance or value that does not exceed $1,000,000; 

or 

(2) A self-certification (which may be on an IRS Form W-8 or W-9, or 

on a similar agreed form) from the Account Holder or such Controlling 

Person in the case of a Preexisting Entity Account held by one or more 

NFFEs with an account balance or value that exceeds $1,000,000. 

d) If any Controlling Person of a Passive NFFE is a U.S. citizen or resident, 

the account shall be treated as a U.S. Reportable Account. 

E. Timing of Review and Additional Procedures Applicable to Preexisting Entity 

Accounts. 

1. Review of Preexisting Entity Accounts with an account balance or value that 

exceeds $250,000 as of June 30, 2014 must be completed by June 30, 2016. 

11 
2. Review of Preexisting Entity Accounts with an account balance or value that does 

not exceed $250,000 as of June 30, 2014, but exceeds $1,000,000 as of December 31 of 

2015 or any subsequent year, must be completed within six months after the last day of 

the calendar year in which the account balance or value exceeds $1,000,000. 

3. If there is a change of circumstances with respect to a Preexisting Entity Account 

that causes the Reporting Republic of Azerbaijan Financial Institution to know, or have 

reason to know, that the self-certification or other documentation associated with an 

account is incorrect or unreliable, the Reporting Republic of Azerbaijan Financial 

Institution must redetermine the status of the account in accordance with the procedures 

set forth in paragraph D of this section. 

V. New Entity Accounts. The following rules and procedures apply for purposes of identifying 

U.S. Reportable Accounts and accounts held by Nonparticipating Financial Institutions among Financial 

Accounts held by Entities and opened on or after July 1, 2014 (''New Entity Accounts"). 

A. Entity Accounts Not Required to Be Reviewed, Identified or Reported. Unless the 

Reporting Republic of Azerbaijan Financial Institution elects otherwise, either with respect to all 

New Entity Accounts or, separately, with respect to any clearly identified group of such accounts, 

where the implementing rules in the Republic of Azerbaijan provide for such election, a credit 

card account or a revolving credit facility treated as a New Entity Account is not required to be 

reviewed, identified, or reported, provided that the Reporting Republic of Azerbaijan Financial 

Institution maintaining such account implements policies and procedures to prevent an account 

balance owed to the Account Holder that exceeds $50,000. 

B. Other New Entity Accounts. With respect to New Entity Accounts not described in 

paragraph A of this section, the Reporting Republic of Azerbaijan Financial Institution must 

determine whether the Account Holder is: (i) a Specified U.S. Person; (ii) a Republic of 

Azerbaijan Financial Institution or other Partner Jurisdiction Financial Institution; (iii) a 

participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, as those terms are 

defined in relevant U.S. Treasury Regulations; or (iv) an Active NFFE or Passive NFFE. 

1. Subject to subparagraph B(2) of this section, a Reporting Republic of Azerbaijan 

Financial Institution may determine that the Account Holder is an Active NFFE, a 

Republic of Azerbaijan Financial Institution, or other Partner Jurisdiction Financial 

Institution if the Reporting Republic of Azerbaijan Financial Institution reasonably 

determines that the Account Holder has such status on the basis of the Account Holder's 

Global Intermediary Identification Number or other information that is publicly available 

or in the possession of the Reporting Republic of Azerbaijan Financial Institution, as 

applicable. 

2. If the Account Holder is a Republic of Azerbaijan Financial Institution or other 

Partner Jurisdiction Financial Institution treated by the IRS as a Nonparticipating 

Financial Institution, then the account is not a U.S. Reportable Account, but payments to 

the Account Holder must be reported as contemplated in subparagraph 1 (b) of Article 4 of 

the Agreement. 

12 
3. In all other cases, a Reporting Republic of Azerbaijan Financial Institution must 

obtain a self-certification from the Account Holder to establish the Account Holder's 

status. Based on the self-certification, the following rules apply: 

a) If the Account Holder is a Specified U.S. Person, the Reporting Republic 

of Azerbaijan Financial Institution must treat the account as aU .S. Reportable 

Account. 

b) If the Account Holder is a Passive NFFE, the Reporting Republic of 

Azerbaijan Financial Institution must identify the Controlling Persons as 

determined under AML/KYC Procedures, and must determine whether any such 

person is a U.S. citizen or resident on the basis of a self-certification from the 

Account Holder or such person. If any such person is a U.S. citizen or resident, the 

Reporting Republic of Azerbaijan Financial Institution must treat the account as a 

U.S. Reportable Account. 

c) If the Account Holder is: (i) a U.S. Person that is not a Specified U.S. 

Person; (ii) subject to subparagraph B(3)(d) of this section, a Republic of 

Azerbaijan Financial Institution or other Partner Jurisdiction Financial Institution; 

(iii) a participating FFI, a deemed-compliant FFI, or an exempt beneficial owner, 

as those terms are defmed in relevant U.S. Treasury Regulations; (iv) an Active 

NFFE; or (v) a Passive NFFE none of the Controlling Persons of which is a U.S. 

citizen or resident, then the account is not a U.S. Reportable Account, and no 

reporting is required with respect to the account. 

d) If the Account Holder is a Nonparticipating Financial Institution (including 

a Republic of Azerbaijan Financial Institution or other Partner Jurisdiction 

Financial Institution treated by the IRS as a Nonparticipating Financial 

Institution), then the account is not a U.S. Reportable Account, but payments to 

the Account Holder must be reported as contemplated in subparagraph I (b) of 

Article 4 of the Agreement. 

VI. Special Rules and Definitions. The following additional rules and definitions apply in 

implementing the due diligence procedures described above: 

A. Reliance on SeH-Certifications and Documentary Evidence. A Reporting Republic of 

Azerbaijan Financial Institution may not rely on a self-certification or documentary evidence if 

the Reporting Republic of Azerbaijan Financial Institution knows or has reason to know that the 

self-certification or documentary evidence is incorrect or unreliable. 

B. Definitions. The following definitions apply for purposes of this Annex I. 

1. AMUKYC Procedures. "AMLIKYC Procedures" means the customer due diligence 

procedures of a Reporting Republic of Azerbaijan Financial Institution pursuant to the 

anti-money laundering or similar requirements of the Republic of Azerbaijan to which 

such Reporting Republic of Azerbaijan Financial Institution is subject. 

13 
2. NFFE. An ''NFFE" means any Non-U.S. Entity that is not an FFI as defined in 

relevant U.S. Treasury Regulations or is an Entity described in subparagraph B(4)G) 

of this section, and also includes any Non-U.S. Entity that is established in the 

Republic of Azerbaijan or another Partner Jurisdiction and that is not a Financial 

Institution. 

3. Passive NFFE. A "Passive NFFE" means any NFFE that is not (i) an Active NFFE, 

or (ii) a withholding foreign partnership or withholding foreign trust pursuant to 

relevant U.S. Treasury Regulations. 

4. Active NFFE. An "Active NFFE" means any NFFE that meets any of the following 

criteria: 

a) Less than 50 percent of the NFFE's gross income for the preceding calendar 

year or other appropriate reporting period is passive income and less than 50 

percent of the assets held by the NFFE during the preceding calendar year or 

other appropriate reporting period are assets that produce or are held for the 

production of passive income; 

b) The stock of the NFFE is regularly traded on an established securities market 

or the NFFE is a Related Entity of an Entity the stock of which is regularly 

traded on an established securities market; 

c) The NFFE is organized in a U.S. Territory and all of the owners of the payee 

are bona fide residents of that U.S. Territory; 

d) The NFFE is a government (other than the U.S. government), a political 

subdivision of such government (which, for the avoidance of doubt, includes a 

state, province, county, or municipality), or a public body performing a 

function of such government or a political subdivision thereof, a government 

of a U.S. Territory, an international organization, a non-U.S. central bank of 

issue, or an Entity wholly owned by one or more of the foregoing; 

e) Substantially all of the activities of the NFFE consist of holding (in whole or 

in part) the outstanding stock of, or providing financing and services to, one or 

more subsidiaries that engage in trades or businesses other than the business of 

a Financial Institution, except that an entity shall not qualify for NFFE status if 

the entity functions (or holds itself out) as an investment fund, such as a 

private equity fund, venture capital fund, leveraged buyout fund, or any 

investment vehicle whose purpose is to acquire or fund companies and then 

hold interests in those companies as capital assets for investment purposes; 

f) The NFFE is not yet operating a business and has no prior operating history, 

but is investing capital into assets with the intent to operate a business other 

than that of a Financial Institution, provided that the NFFE shall not qualify 

for this exception after the date that is 24 months after the date of the initial 

organization of the NFFE; 

14 
g) The NFFE was not a Financial Institution in the past five years, and is in the 

process of liquidating its assets or is reorganizing with the intent to continue or 

recommence operations in a business other than that of a Financial Institution; 

h) The NFFE primarily engages in financing and hedging transactions with, or 

for, Related Entities that are not Financial Institutions, and does not provide 

financing or hedging services to any Entity that is not a Related Entity, 

provided that the group of any such Related Entities is primarily engaged in a 

business other than that of a Financial Institution; 

i) The NFFE is an "excepted NFFE" as described in relevant U.S. Treasury 

Regulations; or 

j) The NFFE meets all of the following requirements: 

i. It is established and operated in its jurisdiction of residence exclusively 

for religious, charitable, scientific, artistic, cultural, athletic, or 

educational purposes; or it is established and operated in its jurisdiction 

of residence and it is a professional organization, business league, 

chamber of commerce, labor organization, agricultural or horticultural 

organization, civic league or an organization operated exclusively for 

the promotion of social welfare; 

n. It is exempt from income tax in its jurisdiction of residence; 

iii. It has no shareholders or members who have a proprietary or beneficial 

interest in its income or assets; 

iv. The applicable laws ofthe NFFE'sjurisdiction of residence or the 

NFFE's formation documents do not permit any income or assets of the 

NFFE to be distributed to, or applied for the benefit of, a private person 

or non-charitable Entity other than pursuant to the conduct of the 

NFFE's charitable activities, or as payment of reasonable 

compensation for services rendered, or as payment representing the fair 

market value of property which the NFFE has purchased; and 

v. The applicable laws of the NFFE' s jurisdiction of residence or the 

NFFE's formation documents require that, upon the NFFE's 

liquidation or dissolution, all of its assets be distributed to a 

governmental entity or other non-profit organization, or escheat to the 

government of the NFFE' s jurisdiction of residence or any political 

subdivision thereof. 

5. Preexisting Account. A "Preexisting Account" means a Financial Account 

maintained by a Reporting Financial Institution as of June 30, 2014. 

C. Account Balance Aggregation and Currency Translation Rules. 

15 
1. Aggregation of Individual Accounts. For purposes of determining the aggregate 

balance or value of Financial Accounts held by an individual, a Reporting Republic of 

Azerbaijan Financial Institution is required to aggregate all Financial Accounts 

maintained by the Reporting Republic of Azerbaijan Financial Institution, or by a Related 

Entity, but only to the extent that the Reporting Republic of Azerbaijan Financial 

Institution's computerized systems link the Financial Accounts by reference to a data 

element such as client number or taxpayer identification number, and allow account 

balances or values to be aggregated. Each holder of a jointly held Financial Account shall 

be attributed the entire balance or value of the jointly held Financial Account for purposes 

of applying the aggregation requirements described in this paragraph 1. 

2. Aggregation of Entity Accounts. For purposes of determining the aggregate 

balance or value of Financial Accounts held by an Entity, a Reporting Republic of 

Azerbaijan Financial Institution is required to take into account all Financial Accounts 

that are maintained by the Reporting Republic of Azerbaijan Financial Institution, or by a 

Related Entity, but only to the extent that the Reporting Republic of Azerbaijan Financial 

Institution's computerized systems link the Financial Accounts by reference to a data 

element such as client number or taxpayer identification number, and allow account 

balances or values to be aggregated. 

3. Special Aggregation Rule Applicable to Relationship Managers. For purposes 

of determining the aggregate balance or value of Financial Accounts held by a person to 

determine whether a Financial Account is a High Value Account, a Reporting Republic of 

Azerbaijan Financial Institution is also required, in the case of any Financial Accounts 

that a relationship manager knows, or has reason to know, are directly or indirectly 

owned, controlled, or established (other than in a fiduciary capacity) by the same person, 

to aggregate all such accounts. 

4. Currency Translation Rule. For purposes of determining the balance or value of 

Financial Accounts denominated in a currency other than the U.S. dollar, a Reporting 

Republic of Azerbaijan Financial Institution must convert the U.S. dollar threshold 

amounts described in this Annex I into such currency using a published spot rate 

determined as of the last day of the calendar year preceding the year in which the 

Reporting Republic of Azerbaijan Financial Institution is determining the balance or 

value. 

D. Documentary Evidence. For purposes of this Annex I, acceptable documentary evidence 

includes any of the following: 

1. A certificate of residence issued by an authorized government body (for example, 

a government or agency thereof, or a municipality) of the jurisdiction in which the payee 

claims to be a resident. 

2. With respect to an individual, any valid identification issued by an authorized 

government body (for example, a government or agency thereof, or a municipality), that 

includes the individual's name and is typically used for identification purposes. 

16 
3. With respect to an Entity, any official documentation issued by an authorized 

government body (for example, a government or agency thereof, or a municipality) that 

includes the name of the Entity and either the address of its principal office in the 

jurisdiction (or U.S. Territory) in which it claims to be a resident or the jurisdiction (or 

U.S. Territory) in which the Entity was incorporated or organized. 

4. With respect to a Financial Account maintained in a jurisdiction with anti-money 

laundering rules that have been approved by the IRS in connection with a QI agreement 

(as described in relevant U.S. Treasury Regulations), any of the documents, other than a 

Form W-8 or W-9, referenced in the jurisdiction's attachment to the QI agreement for 

identifying individuals or Entities. 

5. Any financial statement, third-party credit report, bankruptcy filing, or U.S. 

Securities and Exchange Commission report. 

E. Alternative Procedures for Financial Accounts Held by Individual Beneficiaries of a 

Cash Value Insurance Contract. A Reporting Republic of Azerbaijan Financial Institution may 

presume that an individual beneficiary (other than the owner) of a Cash Value Insurance Contract 

receiving a death benefit is not a Specified U.S. Person and may treat such Financial Account as 

other than a U.S. Reportable Account unless the Reporting Republic of Azerbaijan Financial 

Institution has actual knowledge, or reason to know, that the beneficiary is a Specified U.S. 

Person. A Reporting Republic of Azerbaijan Financial Institution has reason to know that a 

beneficiary of a Cash Value Insurance Contract is a Specified U.S. Person ifthe information 

collected by the Reporting Republic of Azerbaijan Financial Institution and associated with the 

beneficiary contains U.S. indicia as described in subparagraph (B)(l) of section II of this Annex 

I. If a Reporting Republic of Azerbaijan Financial Institution has actual knowledge, or reason to 

know, that the beneficiary is a Specified U.S. Person, the Reporting Republic of Azerbaijan 

Financial Institution must follow the procedures in subparagraph B(3) of section II of this Annex 

I. 

F. Reliance on Third Parties. Regardless of whether an election is made under paragraph C 

of section I of this Annex I, the Republic of Azerbaijan may permit Reporting Republic of 

Azerbaijan Financial Institutions to rely on due diligence procedures performed by third parties, 

to the extent provided in relevant U.S. Treasury Regulations. 

G. Alternative Procedures for New Accounts Opened Prior to Entry Into Force of this 

Agreement. 

1. Applicability. If the Republic of Azerbaijan has provided a written notice to the 

United States prior to entry into force of this Agreement that, as of July 1, 2014, the 

Republic of Azerbaijan lacked the legal authority to require Reporting Republic of 

Azerbaijan Financial Institutions either: (i) to require Account Holders of New Individual 

Accounts to provide the self-certification specified in section III ofthis Annex I, or (ii) to 

perform all the due diligence procedures related to New Entity Accounts specified in 

section V of this Annex I, then Reporting Republic of Azerbaijan Financial Institutions 

may apply the alternative procedures described in subparagraph 0(2) of this section, as 

applicable, to such New Accounts, in lieu of the procedures otherwise required under this 

Annex I. The alternative procedures described in subparagraph 0(2) ofthis section shall 

17 
be available only for those New Individual Accounts or New Entity Accounts, as 

applicable, opened prior to the earlier of: (i) the date the Republic of Azerbaijan has the 

ability to compel Reporting Republic of Azerbaijan Financial Institutions to comply with 

the due diligence procedures described in section III or section V of this Annex I, as 

applicable, which date the Republic of Azerbaijan shall inform the United States of in 

writing by the date of entry into force of this Agreement, or (ii) the date of entry into force 

of this Agreement. If the alternative procedures for New Entity Accounts opened on or 

after July 1, 2014, and before January 1, 2015, described in paragraph H of this section 

are applied with respect to all New Entity Accounts or a clearly identified group of such 

accounts, the alternative procedures described in this paragraph G may not be applied 

with respect to such New Entity Accounts. For all other New Accounts, Reporting 

Republic of Azerbaijan Financial Institutions must apply the due diligence procedures 

described in section III or section V of this Annex I, as applicable, to determine if the 

account is a U.S. Reportable Account or an account held by a Nonparticipating Financial 

Institution. 

2. Alternative Procedures. 

a) Within one year after the date of entry into force of this Agreement, 

Reporting Republic of Azerbaijan Financial Institutions must: (i) with respect to a 

New Individual Account described in subparagraph 0(1) of this section, request 

the self-certification specified in section III of this Annex I and confirm the 

reasonableness of such self-certification consistent with the procedures described 

in section III of this Annex I, and (ii) with respect to a New Entity Account 

described in subparagraph 0(1) ofthis section, perform the due diligence 

procedures specified in section V of this Annex I and request information as 

necessary to document the account, including any self-certification, required by 

section V of this Annex I. 

b) The Republic of Azerbaijan must report on any New Account that is 

identified pursuant to subparagraph G(2)(a) of this section as a U.S. Reportable 

Account or as an account held by a Nonparticipating Financial Institution, as 

applicable, by the date that is the later of: (i) September 30 next following the date 

that the account is identified as a U.S. Reportable Account or as an account held 

by a Nonparticipating Financial Institution, as applicable, or (ii) 90 days after the 

account is identified as a U.S. Reportable Account or as an account held by a 

Nonparticipating Financial Institution, as applicable. The information required to 

be reported with respect to such a New Account is any information that would 

have been reportable under this Agreement if the New Account had been 

identified as a U.S. Reportable Account or as an account held by a 

Nonparticipating Financial Institution, as applicable, as of the date the account 

was opened. 

c) By the date that is one year after the date of entry into force of this 

Agreement, Reporting Republic of Azerbaijan Financial Institutions must close 

any New Account described in subparagraph G(l) of this section for which it was 

unable to collect the required self-certification or other documentation pursuant to 

18 
the procedures described in subparagraph G(2)(a) of this section. In addition, by 

the date that is one year after the date of entry into force of this Agreement, 

Reporting Republic of Azerbaijan Financial Institutions must: (i) with respect to 

such closed accounts that prior to such closure were New Individual Accounts 

(without regard to whether such accounts were High Value Accounts), perform the 

due diligence procedures specified in paragraph D of section II of this Annex I, or 

(ii) with respect to such closed accounts that prior to such closure were New 

Entity Accounts, perform the due diligence procedures specified in section IV of 

this Annex I. 

d) The Republic of Azerbaijan must report on any closed account that is 

identified pursuant to subparagraph G(2)(c) of this section as a U.S. Reportable 

Account or as an account held by a Nonparticipating Financial Institution, as 

applicable, by the date that is the later of: (i) September 30 next following the date 

that the account is identified as a U.S. Reportable Account or as an account held 

by a Nonparticipating Financial Institution, as applicable, or (ii) 90 days after the 

account is identified as a U.S. Reportable Account or as an account held by a 

Nonparticipating Financial Institution, as applicable. The information required to 

be reported for such a closed account is any information that would have been 

reportable under this Agreement if the account had been identified as a U.S. 

Reportable Account or as an account held by a Nonparticipating Financial 

Institution, as applicable, as of the date the account was opened. 

H. Alternative Procedures for New Entitv Accounts Opened on or after July 1, 2014, 

and before January 1, 2015. For New Entity Accounts opened on or after July 1, 2014, and 

before January 1, 2015, either with respect to all New Entity Accounts or, separately, with respect 

to any clearly identified group of such accounts, the Republic of Azerbaijan may permit 

Reporting Republic of Azerbaijan Financial Institutions to treat such accounts as Preexisting 

Entity Accounts and apply the due diligence procedures related to Preexisting Entity Accounts 

specified in section IV of this Annex I in lieu of the due diligence procedures specified in section 

V of this Annex I. In this case, the due diligence procedures of section IV of this Annex I must 

be applied without regard to the account balance or value threshold specified in paragraph A of 

section IV of this Annex I. 

19 
ANNEX II 

The following Entities shall be treated as exempt beneficial owners or deemed-compliant FFls, as 

the case may be, and the following accounts are excluded from the definition of Financial Accounts. 

This Annex II may be modified by a mutual written decision entered into between the Competent 

Authorities of the Republic of Azerbaijan and the United States: (1) to include additional Entities 

and accounts that present a low risk ofbeing used by U.S. Persons to evade U.S. tax and that have 

similar characteristics to the Entities and accounts described in this Annex II as of the date of 

signature of the Agreement; or (2) to remove Entities and accounts that, due to changes in 

circumstances, no longer present a low risk of being used by U.S. Persons to evade U.S. tax. Any 

such addition or removal shall be effective on the date of signature of the mutual decision, unless 

otherwise provided therein. Procedures for reaching such a mutual decision may be included in the 

mutual agreement or arrangement described in paragraph 6 of Article 3 of the Agreement. 

I. Exempt Beneficial Owners other than Funds. The following Entities shall be treated as NonReporting Republic of Azerbaijan Financial Institutions and as exempt beneficial owners for 

purposes of sections 1471 and 1472 of the U.S. Internal Revenue Code, other than with respect 

to a payment that is derived from an obligation held in connection with a commercial financial 

activity of a type engaged in by a Specified Insurance Company, Custodial Institution, or 

Depository Institution. 

A. Governmental Entitv. The government of the Republic of Azerbaijan, any political 

subdivision of the Republic of Azerbaijan (which, for the avoidance of doubt, includes a 

state, province, county, or municipality), or any wholly owned agency or instrumentality of 

the Republic of Azerbaijan or any one or more of the foregoing (each, a "Republic of 

Azerbaijan Governmental Entity"). This category is comprised of the integral parts, 

controlled entities, and political subdivisions of the Republic of Azerbaijan. 

1. An integral part of the Republic of Azerbaijan means any person, organization, agency, 

bureau, fund, instrumentality, or other body, however designated, that constitutes a 

governing authority of the Republic of Azerbaijan. The net earnings of the governing 

authority must be credited to its own account or to other accounts of the Republic of 

Azerbaijan, with no portion inuring to the benefit of any private person. An integral part 

does not include any individual who is a sovereign, official, or administrator acting in a 

private or personal capacity. 

2. A controlled entity means an Entity that is separate in form from the Republic of 

Azerbaijan or that otherwise constitutes a separate juridical entity, provided that: 

a) The Entity is wholly owned and controlled by one or more the Republic of 

Azerbaijan Governmental Entities directly or through one or more controlled entities; 

b) The Entity's net earnings are credited to its own account or to the accounts of one or 

more Republic of Azerbaijan Governmental Entities, with no portion of its income 

inuring to the benefit of any private person; and 

1 
c) The Entity's assets vest in one or more Republic of Azerbaijan Governmental 

Entities upon dissolution. 

3. Income does not inme to the benefit of private persons if such persons are the intended 

beneficiaries of a governmental program, and the program activities are performed for 

the general public with respect to the common welfare or relate to the administration of 

some phase of government. Notwithstanding the foregoing, however, income is 

considered to inure to the benefit of private persons if the income is derived from the use 

of a governmental entity to conduct a commercial business, such as a commercial 

banking business, that provides financial services to private persons. 

B. International Organization. Any international organization or wholly owned agency or 

instrumentality thereof. This category includes any intergovernmental organization 

(including a supranational organization) (1) that is comprised primarily of non-U.S. 

governments; (2) that has in effect a headquarters agreement with the Republic of 

Azerbaijan; and (3) the income of which does not inme to the benefit of private persons. 

C. Central Bank. An institution that is by law or government sanction the principal authority, 

other than the government of the Republic of Azerbaijan itself, issuing instruments intended 

to circulate as currency. Such an institution may include an instrumentality that is separate 

from the government of the Republic of Azerbaijan, whether or not owned in whole or in 

part by the Republic of Azerbaijan. 

II. Funds that Qualify as Exempt Beneficial Owners. The following Entities shall be treated as 

Non-Reporting Republic of Azerbaijan Financial Institutions and as exempt beneficial owners 

for purposes of sections 1471 and 1472 ofthe U.S. Internal Revenue Code. 

A. Broad Participation Retirement Fund. A fund established in the Republic of Azerbaijan 

to provide retirement, disability, or death benefits, or any combination thereof, to 

beneficiaries that are current or former employees (or persons designated by such 

employees) of one or more employers in consideration for services rendered, provided that 

the fund: 

1. Does not have a single beneficiary with a right to more than five percent of the fund's 

assets; 

2. Is subject to government regulation and provides annual information reporting about its 

beneficiaries to the relevant tax authorities in the Republic of Azerbaijan; and 

3. Satisfies at least one of the following requirements: 

a) The fund is generally exempt from tax in the Republic of Azerbaijan on investment 

income under the laws of the Republic of Azerbaijan due to its status as a retirement 

or pension plan; 

b) The fund receives at least 50 percent of its total contributions (other than transfers of 

assets from other plans described in paragraphs A through C of this section or from 

2 
retirement and pension accounts described in subparagraph A(1) of section V ofthis 

Annex II) from the sponsoring employers; 

c) Distributions or withdrawals from the fund are allowed only upon the occurrence of 

specified events related to retirement, disability, or death (except rollover 

distributions to other retirement funds described in paragraphs A through C of this 

section or retirement and pension accounts described in subparagraph A(l) of section 

V of this Annex II), or penalties apply to distributions or withdrawals made before 

such specified events; or 

d) Contributions (other than certain permitted make-up contributions) by employees to 

the fund are limited by reference to earned income of the employee or may not 

exceed $50,000 annually, applying the rules set forth in Annex I for account 

aggregation and currency translation. 

B. Narrow Participation Retirement Fund. A fund established in the Republic of Azerbaijan 

to provide retirement, disability, or death benefits to beneficiaries that are current or former 

employees (or persons designated by such employees) of one or more employers in 

consideration for services rendered, provided that: 

1. The fund has fewer than 50 participants; 

2. The fund is sponsored by one or more employers that are not Investment Entities or 

Passive NFFEs; 

3. The employee and employer contributions to the fund (other than transfers of assets from 

retirement and pension accounts described in subparagraph A( 1) of section V of this 

Annex II) are limited by reference to earned income and compensation of the employee, 

respectively; 

4. Participants that are not residents of the Republic of Azerbaijan are not entitled to more 

than 20 percent of the fund's assets; and 

5. The fund is subject to government regulation and provides annual information reporting 

about its beneficiaries to the relevant tax authorities in the Republic of Azerbaijan. 

C. Pension Fund of an Exempt Beneficial Owner. A fund established in the Republic of 

Azerbaijan by an exempt beneficial owner to provide retirement, disability, or death benefits 

to beneficiaries or participants that are current or former employees of the exempt beneficial 

owner (or persons designated by such employees), or that are not current or former 

employees, if the benefits provided to such beneficiaries or participants are in consideration 

of personal services performed for the exempt beneficial owner. 

D. Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is a 

Republic of Azerbaijan Financial Institution solely because it is an Investment Entity, 

provided that each direct holder of an Equity Interest in the Entity is an exempt beneficial 

owner, and each direct holder of a debt interest in such Entity is either a Depository 

Institution (with respect to a loan made to such Entity) or an exempt beneficial owner. 

3 
III. Small or Limited Scope Financial Institutions that Qualify as Deemed-Compliant FFis. 

The following Financial Institutions are Non-Reporting Republic of Azerbaijan Financial 

Institutions that shall be treated as deemed-compliant FFis for purposes of section 14 71 of the 

U.S. Internal Revenue Code. 

A. Financial Institution with a Local Client Base. A Financial Institution satisfying the 

following requirements: 

1. The Financial Institution must be licensed and regulated as a financial institution under 

the laws of the Republic of Azerbaijan; 

2. The Financial Institution must have no fixed place of business outside of the Republic of 

Azerbaijan. For this purpose, a fixed place of business does not include a location that is 

not advertised to the public and from which the Financial Institution performs solely 

administrative support functions; 

3. The Financial Institution must not solicit customers or Account Holders outside the 

Republic of Azerbaijan. For this purpose, a Financial Institution shall not be considered 

to have solicited customers or Account Holders outside the Republic of Azerbaijan 

merely because the Financial Institution (a) operates a website, provided that the website 

does not specifically indicate that the Financial Institution provides Financial Accounts 

or services to nonresidents, and does not otherwise target or solicit U.S. customers or 

Account Holders, or (b) advertises in print media or on a radio or television station that is 

distributed or aired primarily within the Republic of Azerbaijan but is also incidentally 

distributed or aired in other countries, provided that the advertisement does not 

specifically indicate that the Financial Institution provides Financial Accounts or services 

to nonresidents, and does not otherwise target or solicit U.S. customers or Account 

Holders; 

4. The Financial Institution must be required under the laws of the Republic of Azerbaijan 

to identify resident Account Holders for purposes of either information reporting or 

withholding of tax with respect to Financial Accounts held by residents or for purposes 

of satisfying the Republic of Azerbaijan's AML due diligence requirements; 

5. At least 98 percent of the Financial Accounts by value maintained by the Financial 

Institution must be held by residents (including residents that are Entities) of the 

Republic of Azerbaijan; 

6. Beginning on or before July 1, 2014, the Financial Institution must have policies and 

procedures, consistent with those set forth in Annex I, to prevent the Financial Institution 

from providing a Financial Account to any Nonparticipating Financial Institution and to 

monitor whether the Financial Institution opens or maintains a Financial Account for any 

Specified U.S. Person who is not a resident of the Republic of Azerbaijan (including a 

U.S. Person that was a resident of the Republic of Azerbaijan when the Financial 

Account was opened but subsequently ceases to be a resident of the Republic of 

Azerbaijan) or any Passive NFFE with Controlling Persons who are U.S. residents or 

U.S. citizens who are not residents of the Republic of Azerbaijan; 

4 
7. Such policies and procedures must provide that if any Financial Account held by a 

Specified U.S. Person who is not a resident of the Republic of Azerbaijan or by a Passive 

NFFE with Controlling Persons who are U.S. residents or U.S. citizens who are not 

residents of the Republic of Azerbaijan is identified, the Financial Institution must report 

such Financial Account as would be required if the Financial Institution were a Reporting 

Republic of Azerbaijan Financial Institution (including by following the applicable 

registration requirements on the IRS F ATCA registration website) or close such 

Financial Account; 

8. With respect to a Preexisting Account held by an individual who is not a resident of the 

Republic of Azerbaijan or by an Entity, the Financial Institution must review those 

Preexisting Accounts in accordance with the procedures set forth in Annex I applicable 

to Preexisting Accounts to identify any U.S. Reportable Account or Financial Account 

held by a Nonparticipating Financial Institution, and must report such Financial Account 

as would be required if the Financial Institution were a Reporting Republic of Azerbaijan 

Financial Institution (including by following the applicable registration requirements on 

the IRS F ATCA registration website) or close such Financial Account; 

9. Each Related Entity of the Financial Institution that is a Financial Institution must be 

incorporated or organized in the Republic of Azerbaijan and, with the exception of any 

Related Entity that is a retirement fund described in paragraphs A through C of section 

II of this Annex II, satisfy the requirements set forth in this paragraph A; and 

10. The Financial Institution must: not have policies or practices that discriminate against 

opening or maintaining Financial Accounts for individuals who are Specified U.S. 

Persons and residents of the Republic of Azerbaijan. 

B. Local Bank. A Financial Institution satisfying the following requirements: 

1. The Financial Institution operates solely as (and is licensed and regulated under the laws 

of the Republic of Azerbaijan as) (a) a bank or (b) a credit union or similar cooperative 

credit organization that is operated without profit; 

2. The Financial Institution's business consists primarily of receiving deposits from and 

making loans to, with respect to a bank, unrelated retail customers and, with respect to a 

credit union or similar cooperative credit organization, members, provided that no 

member has a greater than five percent interest in such credit union or cooperative credit 

organization; 

3. The Financial Institution satisfies the requirements set forth in subparagraphs A(2) and 

A(3) of this section, provided that, in addition to the limitations on the website described 

in subparagraph A(3) of this section, the website does not permit the opening of a 

Financial Account; 

4. The Financial Institution does not have more than $175 million in assets on its balance 

sheet, and the Financial Institution and any Related Entities, taken together, do not have 

5 
more than $500 million in total assets on their consolidated or combined balance sheets; 

and 

5. Any Related Entity must be incorporated or organized in the Republic of Azerbaijan, 

and any Related Entity that is a Financial Institution, with the exception of any Related 

Entity that is a retirement fund described in paragraphs A through C of section II of this 

Annex II or a Financial Institution with only low-value accounts described in paragraph 

C ofthis section, must satisfy the requirements set forth in this paragraph B. 

C. Financial Institution with Only Low-Value Accounts. A Republic of Azerbaijan 

Financial Institution satisfying the following requirements: 

1. The Financial Institution is not an Investment Entity; 

2. No Financial Account maintained by the Financial Institution or any Related Entity has 

a balance or value in excess of $50,000, applying the rules set forth in Annex I for 

account aggregation and currency translation; and 

3. The Financial Institution does not have more than $50 million in assets on its balance 

sheet, and the Financial Institution and any Related Entities, taken together, do not have 

more than $50 million in total assets on their consolidated or combined balance sheets. 

D. Qualified Credit Card Issuer. A Republic of Azerbaijan Financial Institution satisfying the 

following requirements: 

1. The Financial Institution is a Financial Institution solely because it is an issuer of credit 

cards that accepts deposits only when a customer makes a payment in excess of a balance 

due with respect to the card and the overpayment is not immediately returned to the 

customer; and 

2. Beginning on or before July 1, 2014, the Financial Institution implements policies and 

procedures to either prevent a customer deposit in excess of $50,000, or to ensure that 

any customer deposit in excess of $50,000, in each case applying the rules set forth in 

Annex I for account aggregation and currency translation, is refunded to the customer 

within 60 days. For this purpose, a customer deposit does not refer to credit balances to 

the extent of disputed charges but does include credit balances resulting from 

merchandise returns. 

IV. Investment Entities that Qualify as Deemed-Compliant FFis and Other Special Rules. The 

Financial Institutions described in paragraphs A through E of this section are Non-Reporting 

Republic of Azerbaijan Financial Institutions that shall be treated as deemed-compliant FFis for 

purposes of section 1471 ofthe U.S. Internal Revenue Code. In addition, paragraph F ofthis 

section provides special rules applicable to an Investment Entity. 

A. Trustee-Documented Trust. A trust established under the laws of the Republic of 

Azerbaijan to the extent that the trustee of the trust is a Reporting U.S. Financial Institution, 

Reporting Model 1 FFI, or Participating FFI and reports all information required to be 

reported pursuant to the Agreement with respect to all U.S. Reportable Accounts of the trust. 

6 
B. Sponsored Investment Entity and Controlled Foreign Corporation. A Financial 

Institution described in subparagraph B(l) or B(2) of this section having a sponsoring entity 

that complies with the requirements of subparagraph B(3) ofthis section. 

1. A Financial Institution is a sponsored investment entity if (a) it is an Investment Entity 

established in the Republic of Azerbaijan that is not a qualified intermediary, 

withholding foreign partnership, or withholding foreign trust pursuant to relevant U.S. 

Treasury Regulations; and (b) an Entity has agreed with the Financial Institution to act as 

a sponsoring entity for the Financial Institution. 

2. A Financial Institution is a sponsored controlled foreign corporation if (a) the Financial 

Institution is a controlled foreign corporation 1 organized under the laws of the Republic 

of Azerbaijan that is not a qualified intermediary, withholding foreign partnership, or 

withholding foreign trust pursuant to relevant U.S. Treasury Regulations; (b) the 

Financial Institution is wholly owned, directly or indirectly, by a Reporting U.S. 

Financial Institution that agrees to act, or requires an affiliate of the Financial Institution 

to act, as a sponsoring entity for the Financial Institution; and (c) the Financial Institution 

shares a common electronic account system with the sponsoring entity that enables the 

sponsoring entity to identify all Account Holders and payees of the Financial Institution 

and to access all account and customer information maintained by the Financial 

Institution including, but not limited to, customer identification information, customer 

documentation, account balance, and all payments made to the Account Holder or payee. 

3. The sponsoring entity complies with the following requirements: 

a) The sponsoring entity is authorized to act on behalf of the Financial Institution (such 

as a fund manager, trustee, corporate director, or managing partner) to fulfill 

applicable registration requirements on the IRS F ATCA registration website; 

b) The sponsoring entity has registered as a sponsoring entity with the IRS on the IRS 

FATCA registration website; 

c) If the sponsoring entity identifies any U.S. Reportable Accounts with respect to the 

Financial Institution, the sponsoring entity registers the Financial Institution pursuant 

to applicable registration requirements on the IRS F ATCA registration website on or 

before the later of December 31, 2015 and the date that is 90 days after such a U.S. 

Reportable Account is first identified; 

d) The sponsoring entity agrees to perform, on behalf of the Financial Institution, all due 

diligence, withholding, reporting, and other requirements that the Financial 

A "controlled foreign corporation" means any foreign corporation if more than 50 percent ofthe total combined 

voting power of all classes of stock of such corporation entitled to vote, or the total value of the stock of such 

corporation, is owned, or is considered as owned, by "United States shareholders" on any day during the taxable year 

of such foreign corporation. The term a "United States shareholder" means, with respect to any foreign corporation, a 

United States person who owns, or is considered as owning, 10 percent or more of the total combined voting power of 

all classes of stock entitled to vote of such foreign corporation. 

7 
Institution would have been required to perform if it were a Reporting Republic of 

Azerbaijan Financial Institution; 

e) The sponsoring entity identifies the Financial Institution and includes the identifying 

number of the Financial Institution (obtained by following applicable registration 

requirements on the IRS F ATCA registration website) in all reporting completed on 

the Financial Institution's behalf; and 

f) The sponsoring entity has not had its status as a sponsor revoked. 

C. Sponsored, Closely Held Investment Vehicle. A Republic of Azerbaijan Financial 

Institution satisfying the following requirements: 

1. The Financial Institution is a Financial Institution solely because it is an Investment 

Entity and is not a qualified intermediary, withholding foreign partnership, or 

withholding foreign trust pursuant to relevant U.S. Treasury Regulations; 

2. The sponsoring entity is a Reporting U.S. Financial Institution, Reporting Modell FFI, 

or Participating FFI, is authorized to act on behalf of the Financial Institution (such as a 

professional manager, trustee, or managing partner), and agrees to perform, on behalf of 

the Financial Institution, all due diligence, withholding, reporting, and other 

requirements that the Financial Institution would have been required to perform if it were 

a Reporting Republic of Azerbaijan Financial Institution; 

3. The Financial Institution does not hold itself out as an investment vehicle for unrelated 

parties; 

4. Twenty or fewer individuals own all of the debt interests and Equity Interests in the 

Financial Institution (disregarding debt interests owned by Participating FFis and 

deemed-compliant FFis and Equity Interests owned by an Entity if that Entity owns 100 

percent of the Equity Interests in the Financial Institution and is itself a sponsored 

Financial Institution described in this paragraph C); and 

5. The sponsoring entity complies with the following requirements: 

a) The sponsoring entity has registered as a sponsoring entity with the IRS on the IRS 

F ATCA registration website; 

b) The sponsoring entity agrees to perform, on behalf of the Financial Institution, all due 

diligence, withholding, reporting, and other requirements that the Financial 

Institution would have been required to perform if it were a Reporting Republic of 

Azerbaijan Financial Institution and retains documentation collected with respect to 

the Financial Institution for a period of six years; 

c) The sponsoring entity identifies the Financial Institution in all reporting completed on 

the Financial Institution's behalf; and 

d) The sponsoring entity has not had its status as a sponsor revoked. 

8 
D. Investment Advisors and Investment Managers. An Investment Entity established in the 

Republic of Azerbaijan that is a Financial Institution solely because it (1) renders investment 

advice to, and acts on behalf of, or (2) manages portfolios for, and acts on behalf of, a 

customer for the purposes of investing, managing, or administering funds deposited in the 

name of the customer with a Financial Institution other than a Nonparticipating Financial 

Institution. 

E. Collective Investment Vehicle. An Investment Entity established in the Republic of 

Azerbaijan that is regulated as a collective investment vehicle, provided that all of the 

interests in the collective investment vehicle (including debt interests in excess of $50,000) 

are held by or through one or more exempt beneficial owners, Active NFFEs described in 

subparagraph B(4) of section VI of Annex I, U.S. Persons that are not Specified U.S. 

Persons, or Financial Institutions that are not Nonparticipating Financial Institutions. 

F. Special Rules. The following rules apply to an Investment Entity: 

1. With respect to interests in an Investment Entity that is a collective investment vehicle 

described in paragraph E of this section, the reporting obligations of any Investment 

Entity (other than a Financial Institution through which interests in the collective 

investment vehicle are held) shall be deemed fulfilled. 

2. With respect to interests in: 

a) An Investment Entity established in a Partner Jurisdiction that is regulated as a 

collective investment vehicle, all of the interests in which (including debt interests in 

excess of $50,000) are held by or through one or more exempt beneficial owners, 

Active NFFEs described in subparagraph B( 4) of section VI of Annex I, U.S. Persons 

that are not Specified U.S. Persons, or Financial Institutions that are not 

Nonparticipating Financial Institutions; or 

b) An Investment Entity that is a qualified collective investment vehicle under relevant 

U.S. Treasury Regulations; 

the reporting obligations of any Investment Entity that is a Republic of Azerbaijan 

Financial Institution (other than a Financial Institution through which interests in the 

collective investment vehicle are held) shall be deemed fulfilled. 

3. With respect to interests in an Investment Entity established in the Republic of 

Azerbaijan that is not described in paragraph E or subparagraph F(2) of this section, 

consistent with paragraph 3 of Article 5 of the Agreement, the reporting obligations of 

all other Investment Entities with respect to such interests shall be deemed fulfilled if the 

information required to be reported by the first-mentioned Investment Entity pursuant to 

the Agreement with respect to such interests is reported by such Investment Entity or 

another person. 

9 
V. Accounts Excluded from Financial Accounts. The following accounts are excluded from the 

definition of Financial Accounts and therefore shall not be treated as U.S. Reportable Accounts. 

A. Certain Savings Accounts. 

I. Retirement and Pension Account. A retirement or pension account maintained in the 

Republic of Azerbaijan that satisfies the following requirements under the laws of the 

Republic of Azerbaijan. 

a) The account is subject to regulation as a personal retirement account or is part of a 

registered or regulated retirement or pension plan for the provision of retirement or 

pension benefits (including disability or death benefits); 

b) The account is tax-favored (i.e., contributions to the account that would otherwise be 

subject to tax under the laws of the Republic of Azerbaijan are deductible or 

excluded from the gross income of the account holder or taxed at a reduced rate, or 

taxation of investment income from the account is deferred or taxed at a reduced 

rate); 

c) Annual information reporting is required to the tax authorities in the Republic of 

Azerbaijan with respect to the account; 

d) Withdrawals are conditioned on reaching a specified retirement age, disability, or 

death, or penalties apply to withdrawals made before such specified events; and 

e) Either (i) annual contributions are limited to $50,000 or less, or (ii) there is a 

maximum lifetime contribution limit to the account of$1,000,000 or less, in each 

case applying the rules set forth in Annex I for account aggregation and currency 

translation. 

2. Non-Retirement Savings Accounts. An account maintained in the Republic of 

Azerbaijan (other than an insurance or Annuity Contract) that satisfies the following 

requirements under the laws of the Republic of Azerbaijan. 

a) The account is subject to regulation as a savings vehicle for purposes other than for 

retirement; 

b) The account is tax-favored (i.e., contributions to the account that would otherwise be 

subject to tax under the laws of the Republic of Azerbaijan are deductible or 

excluded from the gross income of the account holder or taxed at a reduced rate, or 

taxation of investment income from the account is deferred or taxed at a reduced 

rate); 

c) Withdrawals are conditioned on meeting specific criteria related to the purpose of the 

savings account (for example, the provision of educational or medical benefits), or 

penalties apply to withdrawals made before such criteria are met; and 

10 
d) Annual contributions are limited to $50,000 or less, applying the rules set forth in 

Annex I for account aggregation and currency translation. 

B. Certain Term Life Insurance Contracts. A life insurance contract maintained in the 

Republic of Azerbaijan with a coverage period that will end before the insured individual 

attains age 90, provided that the contract satisfies the following requirements: 

1. Periodic premiums, which do not decrease over time, are payable at least annually during 

the period the contract is in existence or until the insured attains age 90, whichever is 

shorter; 

2. The contract has no contract value that any person can access (by withdrawal, loan, or 

otherwise) without terminating the contract; 

3. The amount (other than a death benefit) payable upon cancellation or termination of the 

contract cannot exceed the aggregate premiums paid for the contract, less the sum of 

mortality, morbidity, and expense charges (whether or not actually imposed) for the 

period or periods of the contract's existence and any amounts paid prior to the 

cancellation or termination of the contract; and 

4. The contract is not held by a transferee for value. 

C. Account Held By an Estate. An account maintained in the Republic of Azerbaijan that is 

held solely by an estate if the documentation for such account includes a copy of the 

deceased's will or death certificate. 

D. Escrow Accounts. An account maintained in the Republic of Azerbaijan established in 

connection with any of the following: 

1. A court order or judgment. 

2. A sale, exchange, or lease of real or personal property, provided that the account satisfies 

the following requirements: 

a) The account is funded solely with a down payment, earnest money, deposit in an 

amount appropriate to secure an obligation directly related to the transaction, or a 

similar payment, or is funded with a financial asset that is deposited in the account in 

connection with the sale, exchange, or lease of the property; 

b) The account is established and used solely to secure the obligation of the purchaser to 

pay the purchase price for the property, the seller to pay any contingent liability, or 

the lessor or lessee to pay for any damages relating to the leased property as agreed 

under the lease; 

c) The assets of the account, including the income earned thereon, will be paid or 

otherwise distributed for the benefit of the purchaser, seller, lessor, or lessee 

(including to satisfy such person's obligation) when the property is sold, exchanged, 

or surrendered, or the lease terminates; 

11 
d) The account is not a margin or similar account established in connection with a sale 

or exchange of a financial asset; and 

e) The account is not associated with a credit card account. 

3. An obligation of a Financial Institution servicing a loan secured by real property to set 

aside a portion of a payment solely to facilitate the payment of taxes or insurance related 

to the real property at a later time. 

4. An obligation of a Financial Institution solely to facilitate the payment oftaxes at a later 

time. 

E. Partner Jurisdiction Accounts. An account maintained in the Republic of Azerbaijan and 

excluded from the definition of Financial Account under an agreement between the United 

States and another Partner Jurisdiction to facilitate the implementation ofF ATCA, provided 

that such account is subject to the same requirements and oversight under the laws of such 

other Partner Jurisdiction as if such account were established in that Partner Jurisdiction and 

maintained by a Partner Jurisdiction Financial Institution in that Partner Jurisdiction. 

VI. Definitions. The following additional definitions shall apply to the descriptions above: 

A. Reporting Modell FFI. The term Reporting Model I FFI means a Financial Institution 

with respect to which a non-U.S. government or agency thereof agrees to obtain and 

exchange information pursuant to a Model I IGA, other than a Financial Institution treated 

as a Nonparticipating Financial Institution under the Model I IGA. For purposes of this 

definition, the term Model I IGA means an arrangement between the United States or the 

Treasury Department and a non-U.S. government or one or more agencies thereof to 

implement FATCA through reporting by Financial Institutions to such non-U.S. government 

or agency thereof, followed by automatic exchange of such reported information with the 

IRS. 

B. Participating FFI. The term Participating FFI means a Financial Institution that has agreed 

to comply with the requirements of an FFI Agreement, including a Financial Institution 

described in a Model 2 IGA that has agreed to comply with the requirements of an FFI 

Agreement. The term Participating FFI also includes a qualified intermediary branch of a 

Reporting U.S. Financial Institution, unless such branch is a Reporting Modell FFI. For 

purposes of this definition, the term FFI Agreement means an agreement that sets forth the 

requirements for a Financial Institution to be treated as complying with the requirements of 

section 147l(b) of the U.S. Internal Revenue Code. In addition, for purposes of this 

definition, the term Model 2 IGA means an arrangement between the United States or the 

Treasury Department and a non-U.S. government or one or more agencies thereof to 

facilitate the implementation ofFATCA through reporting by Financial Institutions directly 

to the IRS in accordance with the requirements of an FFI Agreement, supplemented by the 

exchange of information between such non-U.S. government or agency· thereof and the IRS. 

12 
Amerika Birla~mi~ ~tatlan Hiikumati ila Azarbaycan Respublikas1 Hiikumati arasmda 

vergi talablarinin yerina yetirilmasi iizra beynalxalq qaydalara amal olunmasmm 

yax~da,dJnlmas• va Xarici Hesablar iizra Vergi amaletmasi Akti (Foreign Account Tax 

Compliance Act - F ATCA) talablarinin hayata ke~irilmasi banda Sazi' 

Amerika Birl~~mi~ ~tatlan Hokum~tinin v~ Az~rbaycan Respublikas1 Hokum~tinin (bundan 

sonra- aynhqda "T~r~f' v~ birlikd~ "T~rnfl~r" adlandmlacaq) vergi m~~l~l~rind~ avtomatik 

m~lumat mllbadil~si tizrn ~m~r~li infrastruktura ~saslanan qar~thqh yardlm vasit~sil~ vergi 

t~l~bl~rinin yerin~ yetirilm~si barnd~ beyn~lxalq qaydalara ~m~l olunmasmm yax~Il~dmlmast 

m~q~dil~ sazi~ baglamaq niyy~tind~ olduqlanm; 

25 yanvar 1988-ci il tarixind~ Strasburq ~~h~rind~ imzalanmt~ Vergi m~~l~l~ri tizrn qar~thqh 

inzibati yardlm haqqmda Konvensiyaya (bundan sonra "Konvensiya" adlandmlacaq) ~sas~n 

vergi m~q~dl~ri 1i~Un. m~lumat mubadil~sinin, o c1iml~d~n avtomatik m~lumat mubadil~sinin 

n~z~rd~ tutuldugunu (bundan sonra "Konvensiya" dedikd~, Konvensiya v~ Konvensiyaya 

edilmi~ h~r iki T~rnf1i~Un. q1ivv~d~ olan d~yi~iklikl~r n~z~rd~ tutulur); 

Amerika Birl~~mi~ Statlan brnfind~n maliyy~ institutlannm 1iz~rin~ m~yy~n hesablar b~d~ 

hesabat venn~k ohd~liyini qoyan hamthqla Xarici Hesablar tizrn Vergi am~letm~si Akti (bundan 

sonra - "F ATCA" adlandmlacaq) kimi taninan mudd~alarm q~bul edildiyini; 

Az~rbaycan Respublikas1 Hokum~tinin F ATCA-nm ~sas m~q~di olan vergi ~m~letm~sinin 

yax~Il~dmlmastm d~st~kl~diyini; 

FATCA-nm Az~rbaycan Respublikastmn maliyy~ institutlan t~rnfind~n daxili qanunvericilikd~ 

olan huquqi mane~l~rn gor~ onun m1i~yy~n aspektl~rin~ ~m~l edilm~sinin m1imkiin olmaya 

bil~c~yi kimi bir sua m~~l~l~r~ s~b~b oldugunu; 

Amerika Birl~~mi~ Statlan Hokum~tinin Az~rbaycan Respublikasmm rezidentl~rinin ABS-m 

maliyy~ institutlarmda olan m1i~yy~n hesablan il~ bagh m~lumat topladtgmt v~ ~m~r~li 

m~lumat mllbadil~sinin apanlmas1 u~Un. muvafiq bhltik~sizlik t~dbirl~rinin v~ in:frastrukturu 

bmin edilm~si ~rtil~, h~min m~lumatlan Az~rbaycan Respublikasmm Hokum~ti il~ m1ibadil~ 

etm~y~ v~ b~rab~r ~viyy~li m~lumat mubadil~sini h~yata ke~irm~y~ haztr oldugunu; 

FATCA-mn h~yata ke~irilm~sin~ hokum~tl~raras1 y~manm huquqi mane~l~ri aradan 

qaldtracagrm v~ Az~rbaycan Respublikas1 maliyy~ institutlannm 1iz~rin~ d1i~~n y1ikii 

azaldacagmt; 

T~rnfl~rin olk~ daxilind~ hesabatlarm verilm~si v~ Konvensiyaya uygun olaraq v~ Konvensiyada 

n~z~rd~ tutulmu~ konfidensialhq v~ dig~r t~l~bl~r, o c1iml~d~n Konvensiyaya ~sas~n otiirillm1i~ 

m~lumatlarm istifad~sini m~hdudl~dtran mudd~alar ~~r~iv~sind~ q~Iltqh avtomatik m~lumat 

mubadil~sinin h~yata ke~irilm~si ~sasmda vergi bl~bl~rinin yerin~ yetirilm~si barnd~ beyn~lxalq 

1 
qaydalara amal olunmasmm yax~Il~dmlmast va FATCA-mn hayata ke~irilmasinin tamin 

edilmasi maqsadila sazi~ baglamaq niyyatini nazara alaraq; 

Tarnflar ~aglClalolar barada razthga galdilar: 

Madda 1 

Anlayi,Iar 

1. Bu Sazi~in va onun alavalarinin (bundan soma "Sazi~" adlandmlacaq) maqsadlari 

ii~lin terminlar ~a~da ifada olunan manalara malikdir: 

a) "Birla,mi' ~tatlar" dedikda, Amerika Birla~mi~ ~tatlan, o ciimladan onun 

~tlan b~ d~illiir, lakin bu anlayt~ AB~ 8razilarini ehtiva etmir. Birla~~ ~tatlann 

istanilan "~tat"ma edilan har hanst istinad Kolumbiya mahalrm da ahata edir. 

b) "AB~ arazilari" dedikda, Amerika Samoast, ~imali Marian Adalan Birliyi, 

Quam, Puerto Riko, yaxud AB~ Virgin adalan b~a d~illiir. 

c) "IRS" dedikda, AB~ Daxili Galirlar Xidmati nazarda tutulur. 

d) "Azarbaycan Respublikas1" dedikda, Azarbaycan Respublikas1 b~a 

dii~illiir. 

e) "Tarafda' Yurisdiksiya" dedikda, Birla~mi~ ~tatlarla FATCA-mn hayata 

ke~irilmasini tamin etmak barnda quvvada olan sazi~i olan yurisdiksiya b~a 

d~illiir. IRS biitlin Taraf~ Yurisdiksiyalann siyahtsrm dare edacakdir. 

f) "Salahiyyatli Orqan" dedikda: 

(1) Birla~mi~ ~tatlara mlinasibatda, Xazinadarhq Departamentinin 

rnhbari va ya onun niimayandasi; va 

(2) Azarbaycan Respublikasma miinasibatda, Azarbaycan Respublikasmm 

Vergilar Nazirliyi nazarda tutulur. 

g) "Maliyya institutu" dedikda, Depozitar, Bank faaliyyatini hayata ke~iran 

ta~kilat, investisiya ta~kilatl va ya Miiayyan olunm~ Stgorta ~irkati nazarda 

tutulur. 

h) "Depozitar" dedikda, faaliyyatinin ahamiyyatli hissasini digar ~axslar ii~On 

maliyya aktivlarinin saxlamlmastru ta~kil edan hiiquqi ~xs nazarda tutulur. 

2 
Miiassi~nin a§agtdakt miiddatlardan daha az olan miiddat arzinda digar ~axslar 

ii~iin maliyya aktiviarinin saxiamimast va aiaqadar maliyya xidmatlarinin 

gostarilmasi faaliyyatindan aida etdiyi manfaat, onun iimumi faaliyyati Ozra 

aida etdiyi manfaatin an azt 20%-ini ta~kii edirsa, maliyya aktiviarinin 

saxiamlmast ta~kiiatm faaliyyatinin ahamiyyatli his~sini ta~l etmi~ hesab 

olunur: (i) maliyya institutunun Depozitar kimi tasbit ediidiyi ildan avvalki ilin 

31 dekabrmda (va ya taqvim iii olmayan hesabat dovriiniin son giiniinda) b~a 

~atan U~ illik milddat; va ya (ii) mUassisanin faaliyyat gostardiyi mUddat. 

i) "Bank faaliyyatini hayata ke~inn ta~kilat" dedikda adi bank i~i va ya analoji 

faaliyyat ~ar~ivasinda depozitlar qabul edan hUquqi ~axs nazarda tutulur. 

j) "investisiya ta~kilati" dedikda, m~tari ii~iin va ya onun admdan ~agtdakt 

faaliyyat va ya amaliyyatlardan birini va ya bir ne~asini biznes faaliyyati kimi 

hayata ke~iran (va ya bu cOr faaliyyatla ma~gul oian ta~kilat tarafindan idara 

olunan) har hanst ta~kilat nazarda tutulur: 

(1) pul bazan alatlarinin ticarati (~eklar, veksellar, depozit sertifikatlan, 

torama qiymatli ka~zlar va s.); xarici valyuta mUbadiiasi; mazanna, faiz 

daracasi va indeks alatlarinin ticarati; qiymatli k*ziaria ticarat; va ya 

amtaa Uzra fyu~erslarin ticarati; 

(2) fardi va kollektiv portfellarin idara olunmast; va ya 

(3) digar ~axslarin admdan kapitalm va ya pul vasaitlarinin investisiya 

edilmasi va idara edilmasi. 

10) yanmbandi Maliyya Tadbirlari Ozra i~~i Qrupunun tovsiyalarindaki "maliyya 

institutlan" anlayt~l ila ox~ar qaydada ~arh edilacakdir. 

k) "Miiayyan olunmu~ S1gorta ~irkati" dedikda, hayatm ytgrm stgortasi va ya 

annuitet stgortast milqavilasini baglayan va ya bela milqavilalar Uzra odani~lar 

etmak ohdaliyini d~tyan stgorta ta~kilati (yaxud stgorta ~irkatinin daxil oldugu 

holdinq ~irkati) ba§a dU~illOr. 

1) "Azarbayean Respublikasmm Maliyya institutu" dedikda, (i) 

Azarbaycan Respublikasmm rezidenti olan Maliyya institutu (lakin bu cOr 

Maliyya institutunun Azarbaycan Respublikasmdan kanarda yerla~an har hans1 

filialt istisna olmaqla) va (ii) Azarbaycan Respublikasmm rezidenti olmayan 

Maliyya institutunun Azarbaycan Respublikasmda yerla~an har hans1 filialt b~a 

dU~illOr. 

3 
m) "Tarafda~ Yurisdiksiyanm Maliyya institutu" dedikda, (i) Taraf~ 

Yurisdiksiyada tasis edilmi~ isbnilan Maliyya institutu (lakin bela Maliyya 

institutunun Taraf~ Yurisdiksiyadan kanarda yerla~an har hanst filialt istisna 

olmaqla) va (ii) Tarafda~ Yurisdiksiyada bsis edilmami~ Maliyya institutunun 

Taraf~ Yurisdiksiyada yerla~an istanilan filialt b~a dti§tilOr. 

n) "Hesabat veran Maliyya institutu" dedikda, kontekstdan asth olaraq 

.Azarbaycan Respublikasmm Hesabat veran Maliyya institutu va ya ABS-m 

Hesabat veran Maliyya lnstitutu nazarda tutulur. 

o) "Azarbayean Respublikasmm Hesabat veran Maliyya institutu" dedikda, 

Azarbaycan Respublikasmm Hesabat vermayan Maliyya institutlarmdan b~qa 

Azarbaycan Respublikasmm istanilan digar Maliyya institutlan b~ du~tilOr. 

p) "AB~-1n Hesabat Veran Maliyya institutu" dedikda, (i) Birla~mi~ Statlann 

rezidenti olan har hanst Maliyya institutu (lakin bela Maliyya institutunun 

Birla~mi~ Statlardan kanarda yerla~an har hans1 filialt istisna olmaqla) va (ii) 

Birla~mi~ Statlarm rezidenti olmayan Maliyya lnstitutunun Birla~mi~ Statlarda 

yerla~an har hans1 filialt nazarda tutulur, bu ~artla ki, hamin Maliyya institutu va 

ya filial, bu Sazi~in 2-ci maddasinin 2(b) yanmbandina asasan barasinda 

malumat verilmasi blab olunan galir 1izarinda nazarat imkanma malik olsun, bela 

galiri qabul etsin va ya saxlasm. 

q) "Azarbayean Respublikasmm Hesabat Vermayan Maliyya institutu" 

dedikda, 2 sayh 8lavada Azarbaycan Respublikasmm Hesabat Vermayan 

Maliyya institutu kimi tasvir edilmi~ va ya bu Sazi~ imzalandtgt tarixda 

quvvada olan ABS-m Xazinadarhq Departamentinin qaydalarma asasan b~qa 

cOr amal edan hesab olunan Xarici Maliyya institutu (FFI) va ya imtiyazh 

benefisiar hesab olunan Azarbaycan Respublikasmm har hans1 Maliyya 

institutu va ya Azarbaycan Respublikasmm rezidenti olan digar muassisa 

nazarda tutulur. 

r) "i~tirak~l olmayan Maliyya institutu" dedikda, ABS-m Xazinadarhq 

Departamentinin qaydalarmda verilan "1~~~ olmayan xarici maliyya institutu" 

anlayt~I ila eyni mana ~1yrr, lakin ona Azarbaycan Respublikasmm va ya 

Taraf~ Yurisdiksiyamn bu Sazi~in 5-ci maddasinin 2(b) yanmbandina va ya 

Birla~mi~ Statlarla Taraf~ Yurisdiksiya arasmda imzalanmt~ sazi~in muvafiq 

muddaasma uygun olaraq l~ak~1 olmayan Maliyya institutlan hesab edilan 

maliyya institutlanndan b~qa maliyya institutlan aid edilmir. 

s) "Maliyya hesab1" dedikda, Maliyya institutlarmda olan hesab b~a du~tilOr va bu 

hesablara ~agtdaktlar daxildir: 

4 
(1) Y almz investisiya b~kilatJ. olduguna gorn Maliyy~ institutu hesab edil~n 

mii~ssis~l~r~ miinasib~td~, Maliyy~ institutunun nizamnam~ kapital1 v~ 

ya bore ohd~likl~rind~ pay (t~nziml~n~n qiym~tli kagmar bazarmda 

aktiv tiear~t olunan paylar istisna olmaqla); 

(2) Bu Madd~nin 1(s)(l) yarrmb~ndin~ gosbrilm~y~n dig~r Maliyy~ 

institutuna miinasib~td~, h~min Maliyy~ institutunun nizamnam~ 

kapitalmda v~ ya bore ohd~likl~rind~ pay (bnziml~n~n qiym~tli kaglzlar 

bazarmda aktiv ticar~t olunan paylar istisna olmaqla), bu ~rtl~ ki, (i) 

nizamnam~ kapitalmda v~ ya bore ohd~likl~rind~ paym d~y~ri. birb~a 

olaraq v~ ya dolayiSI n~. AB~ m~nb~li vergi tutulan od~ni~l~rin 

yaranmasma s~b~b olan aktivl~rn istinad~n m~yy~n edilir v~ (ii) pay bu 

Sazi~~ ~~n hesabatlarm verilm~sind~n yaymmaq m~q~dil~ mii~yy~n 

edilmi~dir~; v~ 

(3) Fiziki ~xsl~rl~ baglanan, investisiya il~ ~laq~dar olmayan, 

ko~iiriilm~y~n v~ 2 sayh alav~d~ Maliyy~ Hesabmm anlaYJ~ma daxil 

olmayan hesab iizr~ n~z~rd~ tutulmu~ pensiya v~ ya ~lilliy~ gor~ 

miiavin~tl~ri n~z~rd~ tutulan omiirliik annuitet s1gortas1 istisna olmaqla, 

Maliyy~ institutu t~rnfind~n baglamlan v~ ya iera edil~n h~r hans1 

h~yatJ.n y1giffi s1gortas1 v~ annuitet s1gortas1 miiqavil~l~ri. 

Yuxmdakllara baxm.ayaraq, "Maliyy~ Hesab1" anlaYJ~ma 2 sayh 8lav~d~ki 

Maliyy~ Hesab1 anlaYI~mdan istisna edilmi~ hesablar aid edilmir. Bu Sazi~in 

m~q~dl~ri baximmdan, i~tirak paylarinm tiearnt h~cmi davamh olaraq ~h~miyy~t 

k~sb ed~n ~viyy~d~ qalrrsa, h~min i~tirak paylari "aktiv tiearnt olunan" i~rak 

pay1 hesab olunur. "T~nziml~n~n qiym~tli kag.zlar bazari" dedikd~, h~min 

bazarm yerl~~diyi olk~nin hokum~t orqam t~rn:fmd~n rnsmi olaraq tamnan v~ 

n~zarnt olunan v~ s~hml~r iizrn illik ~h~miyy~tli h~emd~ tiearntin b~ tutdugu 

birja b~a dii~iiliir. Sahibi (vasib~i qismind~ ~1x1~ ed~n maliyy~ institutlari istisna 

olmaqla) Maliyy~ institutlarinm reyestr kitablarmda qeydiyyata almm1~ i~rak 

paylm 1(s) yarrmb~ndinin m~s~dl~ri baxrmmdan "aktiv ticarnt olunan" i~rak 

paylm hesab olunmur v~ onlara Maliyy~ Hesablm kimi baxdrr. avv~lki eiiml~. 

Maliyy~ institutlmnm kitablarmda ilk olaraq 1 iyul 2014-eii il tarixd~n ~vv~l 

qeydiyyata almrm~ i~tirak paylarma ~amil edilmir v~ Maliyy~ institutlmnm 

~vv~lki eiiml~ni 1 iyul 2014-eii il tarixd~ v~ ya daha sonra qeydiyyata almrm~ 

i~ paylmna miinasib~td~ 1 yanvar 2016-el il tarixd~n ~vv~l t~tbiq etm~si 

bl~b olunmur. 

t) "Bank hesab1" anlay1~1 kommersiya hesab1, cari hesab, ~man~t hesab1, 

miidd~tli depozit hesab1 anlaYJ~larmi v~ ya depozit sertifikatJ., ~man~t 

serti:fikatJ., investisiya sertifikatJ., bore sertifikat1, v~ ya maliyy~ institutlm 

brnfind~n bank i~i v~ ya analoji f~aliyy~tin normal gedi~ind~ apmlan dig~r 

analoji al~tl~ bsdiq olunan hesablari da ~hab edir. Bank hesablarma, h~m~inin 

5 
~man~tli investisiya muqavil~sin~ v~ ya kredit faizl~rinin od~nilm~sini 

n~~rd~ tutan dig~r muqavil~y~ ~~n stgorta\!Ilar b~find~n saxlamlan 

m~bl~gl~r d~ aiddir. 

u) "Depozitar hesab1" dedikd~ investisiya m~~dil~ ~ld~ olunmu~ maliyy~ 

al~tl~rinin v~ ya muqavil~l~rin ( o cUml~d~n. lakin bunlarla m~hdudl~mamaqla, 

~irk~td~ki ~hm v~ ya paylar, notlar, istiqrazlar, bminatstz bore ohd~likl~ri v~ 

ya b~qa borcluluq d~lili, valyuta v~ ya ~mt~~ ~m~liyyatlan, kredit defolt 

svoplan, qeyri-maliyy~ indeksin~ ~saslanan svoplar, ~~rti ~sas m~bl~g 

muqavil~l~ri, stgorta v~ ya annuitet muqavil~l~ri. opsiyonlar v~ ya dig~r to~m~ 

al~tl~r) dig~r ~~xsl~rin xeyrin~ saxlamldlgt hesab (Stgorta muqavil~si v~ 

Annuitet stgortasi muqavil~si 'iizr~ hesablar istisna olmaqla) n~z~r~ tutulur. 

v) "Nizamnama kapitalmda pay" dedikd~, b~kilati-huquqi formas1 b~rriifat 

ortaqhg1 olan maliyy~ institutlanna m'iinasib~td~, ortaqhgm nizamnam~ 

kapitalmda v~ ya m~nf~~tind~ pay n~z~rd~ tutulur. T~~kilati-huquqi formas1 

trast olan maliyy~ institutlanna m'iinasib~td~, kapitalda i~tirak paymm 

hamtsmm v~ ya bir qisminin sahibi trastm bsis\!isi v~ ya faydalanan ~~xsi v~ ya 

trast 'iiz~rind~ faktiki n~~ti h~yata ke\!~n ~~xs hesab olunur. M~yy~n 

olunmu~ AB~ ~xsi m~buri bolii¢UrUlm~ zamam birb• v~ ya dolay1s1 il~ 

(m~~l~n: n'iimay~nd~ vasibsil~) pay almaq huququna malikdir~ v~ ya konwlU 

bOI~dUrUlm~ zamam birb~a v~ ya dolayisi il~ pay ala bil~r~. h~min mu~yy~n 

olunmu~ AB~ ~~xsi xarici trastm faydalanan ~~xsi hesab olunur. 

w) "S•gorta miiqavilasi" dedikd~ ol'iim, x~sblik v~ ya q~zamn b~ verm~si, 

ohd~liyin v~ ya ~mlak riskinin yaranmas1 kimi stgorta hadi~l~rinin b~ verm~si 

halmda, s1gorta\!1 b~find~n stgorta m~bl~ginin od~nilm~sini n~z~rd~ tutan 

m'iiqavil~ (Annuitet s1gortas1 muqavil~si istisna olmaqla). 

x) "Annuitet sigortasi miiqavilasi" dedikd~ stgorta\!Inm bir v~ ya daha \!OX fiziki 

~~xsin gozl~nil~n om'iir uzunluguna ~~n m~yy~n edil~n mudd~t ~rzind~ 

o~ni~l~r etm~sini n~z~rd~ tutan muqavil~ b~a du~Ul'iir. Bu anlayt~ h~m\!inin 

imzalanrm~ oldugu olk~nin qanunlarma, qaydalanna v~ i~g'iizar ad~tl~rin~ 

~sa~n annuitet mtlqavil~si hesab edil~n v~ stgorta\!mm mtl~yy~n mudd~t 

~rzind~ od~ni~l~r etm~y~ razthq verm~sini n~z~rd~ tutan muqavil~l~ri ~hat~ 

edir. 

y) "Hayatm y1gun sigortasi miiqavilasi" dedikd~, 50 000 AB~ dollarmdan yilk~k 

olan Nagd Pul D~y~rinin od~nilm~sini n~z~rd~ tutan stgorta muqavil~si (iki 

stgorta ~irk~ti arasmda baglanmi~ bkrar stgorta muqavil~l~ri istisna olmaqla) 

n~z~rd~ tutulur. 

6 
z) "Nagd Put Dayari" dedikd;), B.§agJ.dalo m;)bl;)g};)rd;)n miqdarca daha ~ox olaru 

b~a dti§illtir (i) miiqavil;)y;) xitam veril;)rk;)n V;) ya miiqavil;) l;)gv edil;)rk;)n 

stgortalmm almaq hiiququ oldugu ffi;)bl;)g (m;)bl;)g miiqavil;)y;) xitam 

verilm;)sin;) gor;) tutulan haqq V;) ya stgortalmm stgo~tdan aldtgi bore 

S;)b;)bind;)n azaldllmadan hesablanmaltdrr), V;) (ii) stgortalmm miiqavil;)y;) 

;)sas;)n bore almaq hiiququ oldugu m;)bl;)g. Yuxanda qeyd edil;)nl;)r~ 

baxmayaraq, Nagd Pul D;)y;)rin;) s1gorta miiqavil;)sin~ ;)saS;)n od~nil;)n 

B.§agJ.dakt od;)ni~l;)r daxil deyil: 

(1) ~;)xsin saglamhgma vurulmu~ z;)rnrn V;) ya X;)st;)liy;) gorn miiavin~t, 

yaxud s1gorta hadiS;)sinin b~ verm;)sin;) gor~ yaranan iqtisadi itkinin 

~V;)Zinin Od;)nilm~sini n;)Z;)rd;) tutan h;)r hans1 dig~r miiavin;)t; 

(2) Stgortamn l;)gvi V;) ya miidd;)tinin ba.§a ~atmas1, Stgorta miiqavil;)sinin 

qiivv;)d~ oldugu miidd;)td;) risk;) m;)ruz qalma d;)rnC;)sinin azalmasma 

gor;) V;) ya po~tla gond;)ri~ diiz;)li~ edilm;)si V;) ya buna ox~ar S;)hv~ 

gorn stgorta haqqmm yenid;)n mii;)yy;)n edilm;)sind;)n ir;)li g;)l;)n, 

Stgorta Miiqavil;)Sin;) ;)5aS;)n (h;)yatm s1gortas1 haqqmda miiqavil~ 

istisna olmaqla) ;)VV;)ll;)r od;)nilmi~ s1gorta haqq1 iizrn stgorta olunana 

Od;)ru};)n kompensasiya; V;) ya 

(3) ;)laq;)li miiqavil;) V;) ya i~ ed;)n qrupun stgorta (anderrayting) 

t;)cr\ib;)sin;) ;)Saslanmaqla Stgorta olunana Od;)ru};)n dividend. 

aa) "Hesabat verilmali Hesab" dedikd;), kontekstd;)n as1h olaraq ABS-m v~ ya 

Az;)rbaycan Respublikasmm Hesabat verilm~li Hesabt b• dti§illtir. 

bb) "Azarbaycan Respublikasmm Hesabat verilmali Hesab1" dedikd;) ABS-m 

Hesabat Vernn Maliyy;) institutunda olan Maliyy;) Hesabt n;)Z;)rd;) tutulur, 

;)g;)r: (i) Bank hesab1 iizrn, hesab Az;)rbaycan Respublikasmm rezidenti olan 

fiziki ~;)XS;) m~xsusdursa V;) i~nil;)n verilmi~ t;)qvim ilind;) bu ctir hesaba 10 

ABS dollan m;)bl;)gind;)n ~ox faiz od;)nilirs;); yaxud (ii) Bank hesab1 olmayan 

maliyy;) hesab1 iizrn, Hesab Sahibi ~rbaycan Respublikasmm rezidentidir, o 

ciiml;)d;)n vergi ffi;)QS;)dl;)ri ii~iin Az;)rbaycan Respublikasmm rezidenti 

oldugunu t;)sdiq ed;)n V;) ABS Daxili G;)lirl;)r M;)C;)ll;)sinin A altbolm;)sinin 3-

cii F;)sli V;) ya F altbolm;)sinin 61-ci F;)s}in;) ;)saS;)n hesabat verilm;)li ABS 

ffi;)nb;)li g;)lirl;)ri od;)ni};)n V;) ya kreditl;)~diril;)n t;)~kilatdrr. 

cc) "AB~-m Hesabat verilmali Hesab1" termini Az;)rbaycan Respublikasrmn 

Hesabat vernn Maliyy;) tnstitutunda olan V;) Mii;)yy;)n olunm~ bir V;) ya bir 

ne~;) ABS S;)xsin;) V;) ya Mii;)yy;)n olunm~ ABS S;)xsi hesab olunan bir V;) ya 

daha ~ox N;)zarnt ed;)n ~;)XSl;)rn malik qeyri-ABS Mii;)ssiS;)Sin;) m;)xsus olan 

7 
Maliyya HesabliD nazarda tutur. Yuxanda gostariianlara baxmayaraq, agar 

Hesab I sayh aiavada nazarda tutulan lazuni yoxlama prosedurundan 

ke~dikdan sonra AB~-m Hesabat verilmali Hesab1 kimi mtbyyan olunmadiqda, 

bu clir hesab AB~-m Hesabat verilmali Hesab1 sayilmrr. 

dd) "Hesab Sahibi" termini hesabm oldugu Maliyya institutu brafindan Maliyya 

Hesabmm sahibi kimi siyaluya daxil edilmi~ va miiayyanla~dirilmi~ ~axsi bildirir. 

Digar ~axslarin xeyrina va ya hesabma agent, qiymatli kagizlarm saxlaYJCISI, 

nominal saxlaYJCI, imzalayan ~axs, investisiya maslahat~isi va ya vasita~i 

qisminda Maliyya Hesabma malik olan va Maliyya institutu olmayan ~axs bu 

Sazi~in maqsadlari ii~iin hesab sahibi saYJlmrr, hesab sahibi qisminda isa 

yuxanda gostariian digar ~axslar ~1x1~ edirlar. avvalki ciimlanin maqsadlari ii~iin 

"Maliyya institutu" dedikda, AB~ arazisinda ta~kii ediian va ya qeydiyyata 

alman Maliyya institutu nazarda tutulmur. Hayatm YJgim s1gortas1 va ya 

Annuitet s1gortas1 miiqavilasi iizra Nagd Pul Dayarini aida etmak va ya 

miiqavilada faydalanan ~axsi dayi~ak hiiququ olan ~axs Hesab Sahibi saYJhr. 

He~ bir ~axs Nagd Pul Dayarini aida eda bilmazsa va ya faydalanan ~axsi dayi~a 

bilmazsa, miiqavilada sahib kimi gostariian va ya miiqavilanin ~artlarina asasan 

odani~i almaq hiiququ verilmi~ ~axs Hesab Sahibi 8aYJIIr. Hayatm Yigim Sigortasi 

va ya Annuitet s1gortasi miiqavilasinin icra edilmasi vaxti ~tdiqda, miiqavilaya 

asasan odani~ almaq hiiququna malik olan har bir ~axs Hesab Sahibi hesab 

olunur. 

ee) "AB~ ~axsi" dedikda AB~ vabn~I va ya rezidenti olan fiziki ~axs, AB~-da va 

ya AB~-m, yaxud onun har hans1 ~tmm qanunvericiliyina asasan ta~kil edilan 

ortaqhq va ya korporasiya, agar (i) Biria~mi~ ~tatlardalo. mahk:ama, qiivvada olan 

qanunvericiliya asasan trastm idara edilmasi ila bagh, mahiyyat etibarila biitiin 

masalalara aid amrlar va ya qararlar ~1xarmaq salahiyyatina malikdirsa, va (ii) bir 

va ya bir ne~a AB~ ~axsi trastm biitiin ahamiyyatli qarariarliD vermak, yaxud 

AB~ vabn~I va ya rezidenti olmu~ vafat etmi~ ~axsin miras amlakliD idara 

etmak salahiyyatina malikdirsa, trasti nazarda tutur. Bu I (ee) bandi AB~-m 

Daxili Galirlar Macallasina uygun olaraq ~arh olunur. 

fl) "Miiayyan olunmu' AB~ ~axsi" termini ~ag1dakiiardan farqli AB~ ~axsini 

nazarda tutur: (i) paylan miintazam ~akilda bir va ya bir ne~a tanzimlanan 

qiymatli kag1zlar bazarmda dovriyyada olan korporasiya; (ii) korporasiya 

kimi (i) bandinda tasvir olunan, AB~ Daxili Galirlar Macallasinin I47I(e)(2) 

bOlmasinda muayyan olundugu kimi, geni~ q~Ihqh as1hhqda oian eyni qrupun 

Uzvii olan har hans1 korporasiya; (iii) Birla~mi~ ~tatlar va ya ona biitiinliikla 

maxsus olan qurum va ya agentlik; (iv) Birla~mi~ ~tatlarm har hans1 ~tan, har 

hans1 AB~ 8razisi, onlardan har hans1 birinin inzibati-arazi vahidi, yaxud 

onlardan har hans1 birina va ya bir ne~asina biitovliikla maxsus olan qurum va ya 

8 
agentlik; (v) AB~ Daxili Galirlar Macallasinin 501(a) bolmasina va ya AB~ 

Daxili Galirlar Macallasinin 7701(a)(37) bolmasina asasan mtiayyan 

edilan fardi pensiya plamna asasan vergidan azad olunmu~ har hanst 

ta~kilat; (vi) AB~ Daxili Galirlar Macallasinin 581-ci bolmasina asasan 

mtiayyan edilan har hanst bank; (vii) AB~ Daxili Galirlar Macallasinin 

856-ct bolmasina asasan mtiayyan edilan ~mmaz amlak ti.zra investisiya trastt; 

(viii) AB~ Daxili Galirlar Macallasinin 851-ci bolmasina asasan muayyan edilan 

har hans1 nazarnt edilan investisiya ~irkati va ya 1940-ct il tarixli (15 U.S.C. 80a64) investisiya ~irkatlari haqqmda Qanuna asasan AB~-m Qiymatli Ka~zlar va 

Birja ti.zra Komissiyasmda qeydiyyata alman har hanst qurum; (ix) AB~ Daxili 

Galirlar Macallasinin 584(a) bolmasina asasan muayyan edilan har hans1 timumi 

trast fondu; (x) AB~ Daxili Galirlar Macallasinin 664(c) bOlmasina asasan 

vergidan azad olunan va ya AB~ Daxili Galirlar Macallasinin 4947(a)(1) 

bolmasinda tasvir olunan har hanst trast; (xi) Birla~mi~ ~tatlarm va ya har hans1 

~tatm qanunvericiliyina asasan qiymatli kagtzlar, mallar va ya torama maliyya 

alatlari ila amaliyyatlar ti.zra diler kimi qeydiyyata almmt~ ~axslar ( o ctimladan 

~arti asas mablag tizra muqavilalar, fyuc;erslar, forvard aqdlari va opsiyalar); va 

(xii) AB~ Daxili Galirlar Macallasinin 6045(c) bolmasina asasan muayyan edilan 

broker; va ya (xiii) AB~ Daxili Galirlar Macallasinin 403(b) bOlmasinda va ya 

457(g) bolmasinda tasvir olunmu~ plana uygun olaraq vergidan azad olm~ har 

hanst trast. 

gg) "Mii3Ssisa" termini har hanst htiquqi ~axsi va ya trast kimi ta~kilati-huquqi 

qurumu nazarda tutur. 

hh) "Qeyri-AB~ Mii.assis3Si" dedikda, AB~ ~axsi olmayan Mtlassisa nazarda 

tutulur. 

ii) "AB~ manbali vergi tutulmab odani~" dedikda Birla~mi~ ~tatlar daxilindaki 

manbalardan faizlarin (o ctimladan har hanst ilkin endirimin), dividendlarin, 

icarn haqlarmm, amak haqlarmm, mlikafatlarm, rentalann, kompensasiyalarm, 

muzdun, mavaciblarin, habela b~qa sabit va ya mtiayyan edila bilan illik va ya 

dovri galirin, qazancm va ya manfaatlarin odani~i nazarda tutulur. Gostarilanlarn 

baxmayaraq, AB~ manbali vergi tutulmalt odani~a AB~-m Xazinadarhq 

Departamentinin muvafiq qaydalarmda manbada vergi tutulmalt odani~ kimi 

nazarda tutulmayan har hanst odani~ daxil deyil. 

jj) agar Mtiassisalardan biri digar Mtiassisanin nazarati altmdadrrsa, yaxud har iki 

Mtiassisa timumi nazarat altmdadrrsa, o halda bir Mtlassisa digar Mtlassisanin 

"alaqali Mii.assisa"si hesab edilir. Bu maqsadla, nazarat dedikda, Muassisada 

sasverma huququnun va ya Miiassisanin aktivlarinin dayarinin 50 faizdan 

c;oxuna birb~a va ya dolaytst ila sahiblik b~a d~illtir. Yuxanda gostarilanlarn 

9 
baxmayaraq, iki Muassi~ AB$ Daxili Galirlar Macallasinin 1471(e)(2) 

oolm.asinda mfiayyan olundugu kimi geni~ q~Ihqh as1hhqda olan qrup iizvlari 

olmadigi taqdirda Azarbaycan Respublik:as1 Muassi~lardan har hans1 birini 

digar Muassisanin "8laqali Mliassi~"si hesab etmaya bilar. 

kk) "AB~-da olan VOEN" termini AB$ federal vergi odayicisinin 

identifikasiya nomrasini nazarda tutur. 

11) "Azarbaycan Respublikasmda olan VOEN" termini Azarbaycan Respublikas1 

vergi odayicisinin identifikasiya nomrasini nazarda tutur. 

mm) "Nazarat edan ,axslar'' dedikda har hans1 huquqi ~axs lizarinda nazarati hayata 

ke~irnn fiziki ~axslar nazarda tutulur. Trast lizra, bu clir termin trastm tasi~isini, 

etibar edilmi~ millkiyyat~ilari, himaya~ini (agar vardrrsa), benefisiarlar va ya 

benefisiarlar qisminda tasnifla~dirilmi~ ~axslari, habela trast lizarinda haqiqi 

effektiv nazarati hayata ke~irnn har hans1 b~qa fiziki ~axsi va trastdan farqli 

ta~kilati-huquqi qurum lizrn isa, bu termin yuxanda gostarilanlarn barabar va ya 

ox~ar movqelarda olan ~axslari nazarda tutur. ''Nazarnt edan ~axslar" termini 

Maliyya Tadbirlari lizra i~~i Qrupun tovsiyalarina uygun ~akilda ~arh olunur. 

2. Bu Muqavilada b~qa clir miiayyan olunmayan istanilan termin, agar kontekstdan b~qa 

clir b~a d~Ulmlir~ va ya Salahiyyatli Orqanlar limumi mana barnda razthga 

galmami~dirsa (yerli qanunlann yol verdiyi hadda ), hamin vaxt bu Sazi~i tatbiq edan 

Tarnfin qanunvericiliyina a~n movcud manani ifada edir va hamin Tarafin digar 

qanunvericiliyina a~n bu termina b~qa mana verildikda vergi qanunvericiliyina 

a~n hamin termina verilmi~ mana ustlin quvvaya malik olur. 

Madda2 

Hesabat verilmali Hesablarla bagl.1 malumatlan aida etmak va miibadila etmak 

iihdaliklari 

1. Bu Sazi~in 3-cu Maddasinin muddaalan nazarn almmaqla, Tarnflardan har biri Hesabat 

verilmali Hesablarla bagh bu Maddanin 2-ci bandinda gostarilan malumatlan aida 

edacak va har il bu malumatlan Konvensiyanm muddaalanna uygun olaraq avtomatik 

qaydada digar Tarafla mubadila edacakdir. 

2. aida olunmall va mubadila edilmali olan malumatlar ~agidakdardrr: 

a) Azarbaycan Respublikas1 lizra, Azarbaycan Respublikasmm har bir Hesabat 

vernn Maliyya institutunun AB$-m har bir Hesabat verilmali Hesab1 ila bagh: 

10 
(1) bu cUI' hesabm Hesab Sahibi olan har bir Muayyan olunmu~ ABS 

Saxsinin ach, linvam va ABS-da olan VOEN-i va Hesab Sahibi QeyriABS Muassisasi olduqda va 1 sayh aiavada mflayyan edilmi~ laztmi 

yoxlama prosedurlarmm hayata ke~irilmasi naticasinda hamin 

Mliassisanin bir va ya daha ~ox Nazarat edan ~axslarinin Mliayyan 

olunmu~ ABS Saxsi oldugu ~kar edildikda, bu cUI' Muassisanin va har 

bir bu ctir Muayyan olunm~ ABS Saxsinin ach, linvam va ABS-da olan 

VOEN-i (agar varsa); 

(2) hesab nomrnsi (hesab nomrnsi olmachqda, funksional ekvivalenti); 

(3) Azarbaycan Respublikasmm Hesabat veran Maliyya institutunun ach va 

identifikasiya nomrasi; 

(4) Mflva:fiq taqvim iii va ya b~qa muva:fiq hesabat dovrlinlin sonuna va ya 

agar hesab bu cUI' il arzinda baglamrsa, bilavasita baglanmazdan avval 

hesabm qaltgi va ya dayari ( o climladan Hayatm ytgrm stgortasi va ya 

Annuitet stgorta muqavilasi lizra Nagd Pul Dayari va ya qaytarilan 

mablag); 

(5) har hanst Depozitar Hesah1 lizra: 

(A) Hesabda saxlamlan aktivlar ila bagh almrm~ limumi faiz mablagi, 

ftmumi dividend mablagi va digar galirlarin ftmumi mablagi (har 

bir halda taqvim ilinda va ya b~qa muvafiq hesabat dovrlinda 

hesaba (va ya hesabla bagh) odanilmi~ va ya hesablanmt~); va 

(B) A.zarbaycan Respublikasmm Hesabat veran Maliyya institutunun 

Hesab Sahibi fl~lin depozitar, broker, nominal saxlaytci va ya 

agenti kimi ~1x1~ etdiyi aktivin satilmasmdan va ya girovdan azad 

olunmasmdan aida olunan va taqvim iii va ya b~a muvafiq 

hesabat dovrii arzinda hesaba odanilmi~ va ya hesablanmt~ limumi 

galirlar; 

(6) Har hanst Bank hesabt lizra, taqvim ilinda va ya b~qa muvafiq hesabat 

dovrii arzinda hesaba odanilmi~ va ya hesablanmt~ faizlarin limumi 

mablagi; va 

(7) Bu Maddanin 2(a)(5) va ya 2(a)(6) yarrmbandlarinda gostarilmayan digar bfltlin hesablar 

lizra, taqvim ill va ya b~qa muva:fiq hesabat dovrii arzinda Azarbaycan Respublikasmm Hesabat 

veran Maliyya institutunun ohdalik gotflrdflyli va ya borclu oldugu hesabla bagh Hesab Sahibina 

11 
odanilmi~ v~ ya hesablanrm~ funumi m~bl~g, o cfunl~d~n, 'bqvim iii v~ ya b~qa mtivafiq 

hesabat dovrti ~rzind~ Hesab Sahibin~ edilmi~ geri qaytanlan od~ni~l~rin funumi m~bl~gi. 

b) Birl~~mi~ ~tatlar {izr.}, AB~-m Hesabat ver~n h~r bir Maliyy~ lnstitutu br~find~n 

Az~rbaycan Respublikasmm h~r bir Hesabat verilm~li Hesab1 il~ bagh: 

(1) ~rbaycan Respublikasmm rezidenti olan h~r bir Hesab sahibinin adi, 

tinvam v~ ~rbaycan Respublikasmda olan VOEN-i; 

(2) hesab nomrnsi (hesab nomrnsi olmadiqda, funksional ekvivalenti); 

(3) AB~-m Hesabat ver~n Maliyy~ lnstitutunun adi v~ identifikasiya nomr~si; 

(4) Bank hesab1 u.zra od~nilmi~ faizl~rin timumi m~bl~gi; 

(5) Hesaba odanilmi~ v~ ya hesablanrm~ AB~ m~nb~li dividendl~rin funumi 

m~bl~gi; v~ 

(6) AB~ Daxili G~lirl~r M~c~ll~sinin A altbolm~sinin 3-cti f~slin~ v~ ya F 

altbolm~sinin 61-ci f~slin~ ~sas~n hesabat verilm~li h~dd ~~r~iv~sind~ 

hesaba od~nilmi~ v~ ya hesablanrm~ AB~ m~nb~li h~r hans1 dig~r 

g~lirl~rin funumi m~bl~gi. 

Madda3 

Malumat miibadilasinin apanlma miiddati va 

qaydas1 

1. Bu Sazi~in 2-ci Madd~sind~ n~zard~ tutulm~ m~lumat mtibadil~si ohd~liyinin 

m~q~dl~ri baxunmdan AB~-m Hesabat verilm~li Hesab1 il~ bagh edilmi~ od~ni~l~rin 

m~bl~gi v~ novti Az~rbaycan Respublikasmm vergi qanunvericiliyinin prinsipl~rin~ 

uygun olaraq v~ ~rbaycan Respublikasmm Hesabat verilm~li Hesab1 il~ bagh edilmi~ 

od~ni~~rin m~bl~gi v~ novti i~ AB~ federal g~lir vergisi qanunvericiliyinin prinsipl~rin~ 

uygun olaraq m~yy~n oluna bil~r. 

2. Bu Sazi~in 2-ci Madd~sind~ n~zard~ tutulmu~ m~lumat mtibadil~si ohd~liyinin 

m~~dl~ri baxunmdan mtibadil~ edil~n m~lumatlarda h~r bir m~bl~gin ifad~ olundugu 

valyuta ~ks olunmal1dir. 

3. Bu Sazi~in 2-ci Madd~sinin 2-ci b~ndind~ gost~ril~n m~lumatlar *g1daki hallar 

istisna olmaqla, 20 14-cti il v~ btittin sonrakl ill~r tlzr~ ~ld~ edilm~li v~ mtibadil~ 

olunmal1dir: 

12 
a) Az~rbaycan Respublikast br~find~n: 

(1) 2014-cu il 1izrn yalruz bu Sazi~in 2-ci Mad~sinin 2(a)(l) - 2(a)(4) 

yanmb~ndl~rind~ gost~ril~n m~lumatlar ~ld~ olunmah v~ mubadil~ 

edilm~lidir; 

(2) 2015-ci iltizrn bu Sazi~in 2-ci Madd~sinin 2(a)(5)(B) yanmb~ndind~ 

gost~ril~n umumi g~lirl~r istisna olmaqla, bu Sazi~in 2-ci 

Madd~sinin 2(a)(1)- 2(a)(7) yanmb~ndl~rind~ gosbril~n m~lumatlar ~ld~ 

olunmah v~ mubadil~ edilm~lidir; 

(3) 2016-ct il v~ bundan soma g~l~n ill~r lizra bu Sazi~in 2-ci Madd~sinin 

2(a)(1)- 2(a)(7) yanmb~ndl~rind~ gost~ril~n m~lumatlar ~ld~ olunmah v~ 

mubadil~ edilm~lidir; 

b) Birl~~~ ~tatlar brnfind~n, 20 14-cu il v~ bundan soma g~l~n ill~r tizr~ bu 

Sazi~in 2-ci Madd~sinin 2(b) yanmb~ndind~ mu~yy~n edilmi~ butU.n m~lumatlar 

~ld~ olunmah v~ mubadil~ edilm~lidir. 

4. Bu Madd~nin 3-cu b~ndinin mtldd~alarma ba:xmayaraq, 30 iyun 2014-cu il tarixin~ 

Hesabat Ver~n Maliyy~ institutunda olan h~r bir Hesabat verilm~li Hesab 1izrn vergi 

od~yicisinin identifikasiya nomrnsi Hesabat V ernn Maliyy~ institutunun u~ot 

~n~dl~rind~ olmadtgt mqdird~, bu Sazi~in 6-ct Madd~sinin 3-cu b~ndi n~z~rn 

almmaqla, T~r~fl~rd~n bu ctir ~~xsin muvafiq olaraq Az~rbaycan Respublik:ast v~ ya 

AB~-da olan VOEN-i barnd~ m~lumatlarm ~ld~ edilm~si v~ mubadil~ edil~n 

m~lumatlara daxil edilm~si ml~b olunmur. Bu halda, Hesabat Vernn Maliyy~ 

institutunun u~ot ~n~dl~rind~ muvafiq ~~xsin dogum tarixi barnd~ m~lumat olduqda, 

T~rnfl~r bu m~lumatt ~ld~ etm~li v~ mubadil~ edil~n m~lumatlara daxil etm~lidirl~r. 

5. Bu Madd~nin 3-cu v~ 4-cu b~ndl~rin~ mtlvafiq olaraq, bu Sazi~in 2-ci madd~sind~ 

gosbril~n m~lumatlar, bu m~lumatlarm aid oldugu t~qvim ili b• ~atdtqdan sonra 

doqquz ay mud~tind~ verilm~lidir. 

6. ~rbaycan Respublik:asmm v~ Birl~~mi~ ~tatlann s~lahiyy~tli Orqanlan arasmda 

Konvensiyanm 24-cu Madd~sin~ n~z~rd~ tutulan q~thqh raztl~ma proseduruna 

~~n sazi~ baglanmalt v~ ya raztl~ma ~ld~ edilm~lidir, hans1 ki: 

a) bu Sazi~in 2-ci Madd~sind~ gosmril~n avtomatik: m~lumat mubadil~si ohd~lik:l~ri 

1izrn qaydalan mu~yy~n etm~li; 

b) bu Sazi~in 5-ci Madd~sinin mtbiq edilm~si u~tin t~l~b edil~ bil~~k qayda v~ 

13 
prosedurlan miiayyan etmali; va 

c) zaruri oldugu halda, bu Sazi~in 4-cii Maddasinin I (b) yanmbandina asasan 

verilan malumatlann miibadilasi ii~iin qaydalar miiayyan etmalidir. 

7. Miibadila edilan biitiin malumatlarla bagh Konvensiyada nazarda tutulm~ 

konfidensialhq va b~qa tahliikasizlik talablarina, o ciimladan hamin malumatlardan 

istifadani mahdudl~drran miiddaalara amal edilmalidir. 

8. Bu Sazi~ qiivvaya mindikdan soma har bir Salahiyyatli Orqan digar Salahiyyatli Orqanm 

yurisdiksiyasmm (i) Sazi~a uygun olaraq alman malumatlann konfidensialhgmm qorunmastm 

va yalmz vergi maqsadlari ii~iin istifadasini tamin etmak ii~iin zaruri olan tahliikasizlik 

tadbirlarina va (ii) effektiv miibadila alaqalari ii~iin infrastrukturuna (malumat miibadilasinin 

vaxtmda apanlmastm, daqiqliyini va maxfiliyini tamin etmak ii~iin miiayyanla~dirilmi~ 

proseslar, e:ffektiv va etibarh malumat otiirma vasitalari, miibadilalar va ya miibadila ii~iin 

sorgularla bagh masalalarin va ya problemlarin taxirasalmmaz ~akilda hall edilmasi va bu 

Sazi~in 5-ci Maddasinin miiddaalannm hayata ke~irilmasi ii~iin gostarilan imkanlar daxil 

olmaqla) malik olduguna qane oldugu taqdirda, hamin Salahiyyatli Orqana yazdt bildiri~ 

vermalidir. Salahiyyatli Orqanlar, 2015-ci ilin sentyabr ayma kimi har iki yurisdiksiyamn bu 

ciir tahliibsizlik tadbirlarina va infrastruktura malik olmastm miiayyan etmak ii~iin go~aya 

vicdanla say gostarmalidirlar. 

9. Taraflarin bu Sazi~in 2-ci Maddasina uygun olaraq malumatlan aida etmak va miibadila 

etmak ohdaliklari bu Maddanin 8-ci bandinda gostarilan yazth bildiri~larin sonuncusunun 

tarixindan etibaran qiivvaya minir. Yuxanda qeyd olunanlara baxmayaraq, agar Azarbaycan 

Respublikasmm Salahiyyatli Orqam bu Maddanin 8-ci bandinda gostarilmi~ tahliikasizlik 

tadbirlarinin va infrastruk.turuun AB~-da movcud olmasmdan qane olarsa, lakin AB~-m 

Salahiyyatli Orqam ii~iin Azarbaycan Respublikasmda bu ciir tahliikasizlik tadbirlarinin va 

infrastruk.turu olmastm miiayyan etmakdan otrii alava vaxt blab olunarsa, Azarbaycan 

Respublikasmm bu Sazi~in 2-ci Maddasina asasan malumatlan aida etmak va miibadila etmak 

ohdaliyi bu Maddanin 8-ci bandina uygun olaraq Azarbaycan Respublikasmm Salahiyyatli 

Orqam tarafindan AB~-m Salahiyyatli Orqamna gondarilan yazdt bildiri~in tarixindan qiivvaya 

minir. 

10. Bu Maddanin 9-cu bandina asasan Sazi~in 2-ci Maddasi har bir Taraf ii~iin Sazi~in 

qiivvaya mindiyi giindan b~layan 12 ayhq dovr arzinda qiivvaya minmadiyi taqdirda, Sazi~a 

xitam verilir. 

Madda 4 

FATCA-nm Azarbayean Respublikasmm Maliyya institutuna 

tatbiqi 

14 
1. Azarbaycan Respublikasmm Hesabat venn Maliyya institutlarmm 

qivmatlandirilmasi. ag~r Az~rbaycan Respublikast bu Sazi~in 2-ci v~ 3-cu madd~l~rin~ 

~~n ()zUn.fin Az~rbaycan Respublikasmm Hesabat vernn Maliyy~ institutu il~ bagh 

ohd~likl~rini icra ed~rs~ v~ Az~rbaycan Respublikasmm h~r bir Hesabat vernn Maliyy~ 

institutu ~agtdalolan yerin~ yetir~r~. h~min Hesabat vernn Maliyy~ institutu AB~-m Daxili 

G~lirl~r M~~u~sinin 14 71-ci bolm~sin~ muva:fiq olaraq ~m~l ed~n kimi qiym~tl~ndirilir v~ 

vergitutmaya m~ruz qalmrr: 

a) AB~-m Hesabat verilm~li Hesablarrm m~yy~n edir v~ h~r il bu Sazi~in 2-ci 

madd~sinin 2(a) yanmb~ndind~ verilm~si t~l~b olunan m~lumatlan bu Sazi~in 3-

ctl Madd~sin~ go~rilmi~ vaxtda v~ qaydada ~rbaycan Respublikasmm 

S~lahiyy~tli Orqanma t~qdim edir~; 

b) 20 15-ci v~ 20 16-ct ill~rin h~r biri u~iin ~rbaycan Respublikasmm S~lahiyy~tli 

Orqanma od~ni~l~r h~yata ke~irdiyi h~r bir i~ak~t olmayan Maliyya 

institutunun adt v~ onlara edilmi~ o~ni~l~rin limumi m~bl~gi barnd~ illik olaraq 

m~lumat verir~; 

c) AB~ Daxili G~lirl~r Xidm~tinin F ATCA iizrn qeydiyyat internet ~hif~sinda 

olan muva:fiq qeydiyyat t~l~bl~rin~ riay~t edirs~; 

d) Az~rbaycan Respublikasrmn Hesabat vernn Maliyy~ institutu (i) AB~ Daxili 

~lirl~r M~allasinin A altb~hgmm 3-cu f~slin~ ~~n ~sas vergitutma 

ohd~liyini liz~rin~ gotlirm~ ixtisasl~dmlrm~ vasib~i (AB~ Daxili G~lirlar 

M~~n~sinin 1441-ci bolm~sinin m~~dlari baxrmmdan), (ii) vergi agenti 

funksiyasrm yerina yetirnn xarici ortaqhq (AB~ Daxili ~lirl~r M~~llasinin 

1441 va 1471-ci bolm~l~rinin m~q~dl~ri baxrmmdan), yaxud (iii) vergi agenti 

funksiyalanm yerin~ yetiran xarici trast kimi f~aliyy~t g5st~rdiyi halda 

(AB~ Daxili ~lirl~r M~c~ll~sinin 1441 v~ 1471-ci bolm~l~rinin m~qs~dlari 

baxrmmdan), i~nil~n i~tirak~1 olmayan Maliyy~ institutuna edil~n h~r hans1 

AB~ m~nb~li Vergi tutulmalt Od~ni~in 30 faiz d~r~c~sini tutursa; 

e) Bu Madd~nin 1 (d) yanmb~ndind~ gost~rilmay~n v~ ist~nil~n l~tirak~t olmayan 

Maliyy~ institutuna h~r hans1 AB~ m~nb~li Vergi tutulmalt Od~ni~l~r edan v~ 

ya bu clir odani~~ mlinasib~td~ vasit~~i qismind~ f~aliyy~t gost~rnn Az~rbaycan 

Respublikasmm Hesabat ver~n Maliyya institutu halmda, h~min maliyya 

institutu birba~a bu CUr AB~ M~nb~li Vergi tutulmalt Od~ni~ ed~n odayiciya 

bu 5d~ni~~ miinasib~td~ verginin tutulmas1 v~ hesabatm verilm~si u~iin z~ruri 

olan m~lumatlan bu CUr od~ni~i ed~n od~yiciy~ t~qdim edirs~. 

Yuxanda go~ril~nl~rn baxmayaraq, bu l-ei b~ndin ~~rtlarin~ uygun g~lmay~n Az~rbaycan 

Respublikasrmn Hesabat vernn Maliyy~ institutu Daxili G~lirl~r Xidm~ti t~rnfind~n bu Sazi~in 

15 
5-ci Maddasinin 2(b) yarunbandina asasan i~~~ olmayan Maliyya institutu kimi 

qiymatlandirilmayana qadar AB~ Daxili Galirlar Macallasinin 1471-ci bOlmasina mtivafiq 

olaraq odani§ manbayinda vergitutmaya maruz qalmayacaqdrr. 

2. amal etmayan Hesablara miinasibatda gaydalariD tatbiginin dayandudmas1. 

Birla§mi§ ~tatlar amal etm.ayan hesab sahibinin hesabma mtinasibatda AB~ Daxili Galirlar 

Macallasinin 14 71 va ya 14 72-ci bOlmalarina asasan Azarbaycan Respublikastmn Hesabat 

veran Maliyya institutundan vergi tutm.ag1 (AB~ Daxili Vergilar Macallasinin 1471(d)(6) 

bolmasinda mtiayyan olundugu kimi) va ya bu hesab1 baglamag1 talab etmayacak, bu §artla 

ki AB~-m Salahiyyatli Orqan1 bu ctir hesabla bagh bu Sazi§in 3-cti Maddasinin 

mtiddaalanna mtivafiq olaraq bu Sazi§in 2-ci Maddasinin 2(a) yanmbandinda verilan 

malumatlart aida etsin. 

3. Azarbaycan Respublikasmm Tagaiid Planlarma xiisusi yanyma. Birla§Dli§ ~tatlar, 

2 sayh alavada gostarilan Azarbaycan Respublikasmm Taqatid Planlarrm AB~ Daxili 

Galirlar Macallasinin 1471-ci va 1472-ci bolmalarinin maqsOOlari ti~tin miivafiq hallarda 

amal edan hesab olunan Xarici Maliyya institutu va ya imtiyazh benefisiar kimi 

qiymatlandiracak. Bu maqsadla, Azarbaycan Respublikastmn taqatid planma Azarbaycan 

Respublikasmda tasis edilmi§ va ya yerla§an va onun qanunvericiliyi ila tanzimlanan 

Mtiassisa, yaxud pensiya va ya ya§a gora miiavinat vermaya va ya bu ctir miiavinatlarin 

verilmasina gora galirlar aida etmaya yonalmi§ va paylar, bolti§dtirma, hesabatlthq, 

sponsorluq va vergitutma hissasinda qanunvericilikla tanzimlanan qabaqcadan 

mtiayyanla§dirilmi§ mtiqavila va ya htiquqi razila§ma daxildir. 

4. amal edan Hesab olunan digar Xariei Maliyya institutlan va lmtivazh 

Benefisiarlarm miiavvanlasdirilmasi va givmatlandirilmasi. Birla§mi§ ~tatlar Azarbaycan 

Respublikasmm Hesabat vermayan har bir Maliyya institutunu, AB~ Daxili Galirlar 

Macallasinin 1471-ci bolmasinin maqsadlari ii~tin 8mal edan Hesab olunan Xarici Maliyya 

institutu va ya imtiyazh benefisiar kimi qiymatlandiracak. 

5. lstirake• olmayan Malivva lnstitutlan olan aiagali Miiassisalar va Filiallarla bagh 

Xiisusi Oaydalar. Bu Maddanin l-ei bandinda verilmi§ talablara ba§qa cilr cavab vera bilan va 

ya bu Maddanin 3 va ya 4-cii bandlarinda verilmi§ Azarbaycan Respublikasmm Maliyya 

institutu i§fuak~I olmayan Maliyya institutu AB~ Daxili Galirlar Macallasinin 1471-ci 

bolmasinin maqsadlari ti~tin i§tirak~1 Xarici Maliyya institutu va ya 8mal edan Hesab olunan 

Xarici Maliyya institutunun talablarini yerina yetirmaya icaza vermayan olkada faaliyyat 

gostaran 8laqali Miiassisaya va ya filiala va ya yalmz AB~ Xazinadarhq Departamentinin 

qaydalarma asasan mahdudla§dmlmi§ Xarici Maliyya institutlart va ya filiallart ti~tin ke~id 

qaydalarmm miiddatinin bitmasina gora i§tirak~1 olmayan Maliyya institutu hesab edilan 

8laqali Miiassisaya va ya filiala malikdirsa, Azarbaycan Respublikasmm bu ctir Maliyya 

institutu bu Mtiqavilanin §artlarina cavab vermaya va AB~ Daxili Galirlar Macallasinin 1471-

ci bolmasinin maqsadlari ti~tin mtivafiq hallarda amal edan Hesab olunan Xarici Maliyya 

16 
institutu va ya imtiyazh benefisiar hesab olunmaga davam edir, bu ~artla ki: 

a) Azarbaycan Respublikasmm Maliyya institutu har bir bu CUr alaqali Muassisani 

va ya filial1, bu Muqavilanin butiin hesabat verma va vergitutma taiablarinin 

maqsadlari u~lin aynca i~ak~1 olmayan Maliyya institutu kimi qiymatlandirir 

va har bir bu ctir 8Iaqali Muassisa va ya filial vergi agentlari q~1smda ozlinu 

i¢ra,k~1 olmayan Maliyya institutu kimi taqdim edir. 

b) Har bir bu CUr aiaqali Mtiassisa va ya filial oziinlin AB~ hesablarrm muayyan 

edir va AB~ Daxili Galiriar Macallasinin 1471-ci bolmasina asasan taiab 

olundugu kimi bu hesablarla bagh maiumatlan 8Iaqali Mtiassisaya va ya fiiiala 

tatbiq edilan muvafiq qanunvericilikda muayyan edilmi~ hadda taqdim edir; va 

c) Bu CUr aiaqali Muassisa va ya filial ozlinlin yerla~diyi olkada rezident 

olmayan ~axsiarn maxsus AB~ hesablarrm va yaxud oziinlin yerla~diyi olkada 

tasis edilmami~ i~tirak~1 olmayan Maliyya institutlarma maxsus hesabian 

xususi oiaraq caib etmir va bu ctir aiaqali Muassisa va ya filialdan, muvafiq 

oiaraq, bu Muqavila va ya AB~ Daxili Galiriar Macallasinin 14 71-ci 

bolmasina asasan ohdaliklardan yaymmaq u~lin Azarbaycan Respubiikasrmn 

Maliyya institutu va ya har hans1 digar 8laqali Muassisa istifada etmir. 

6. Vaxtm koordinasivas1. Bu Sazi~in 3-cu maddasinin 3-cu va 5-ci bandlarina 

baxmayaraq: 

a) Azarbaycan Respublikas1 AB~ Xazinadarhq Departamentinin qaydalarma 

asasan i§tirak~1 Xarici Maliyya institutlan tarnfindan IRS-a malumatlann 

ottirillmasinin talab edildiyi taqvim ilindan avval galan taqvim ilina mlinasibatda 

ox~ malumatlan aida etmak va mubadila etmak ohdaliyini ~umr. 

b) Azarbaycan Respublikas1 AB~ Xazinadarhq Departamentinin qaydalarma 

asasan i~tirak~1 Xarici Maliyya institutlan tarnfindan malumatlarm Daxili 

Galiriar Xidmatina verilmasinin talab edildiyi tarixdan avval ox~ maiumatlann 

mubadilasini b~lamaq ohdaliyi ~Imlr. 

c) Birla~mi~ ~tatlar Azarbaycan Respublikas1 tarnfindan malumatlarm aida 

edilmasi va mubadila edilmasinin talab edildiyi taqvim ilindan avval galan 

taqvim ilina mlinasibatda malumatlan aida etmak va mubadila etmak ohdaliyi 

~umr. 

d) Birla~mi~ ~tatlar Azarbaycan Respublikasmdan malumat mubadilasinin 

b~lamasmm talab edildiyi tarixdan avval malumat mubadilasini b~lamaq 

ohdaliyi ~Imlr. 

7. Anlavulann ADS Xazinadarhq Departamentinin qaydalan ita uvtunlasdinlmasi. 

Bu Sazi~in l-ei Maddasi va Sazi~in 8lavalarinda verilmi~ anlayt~lara baxmayaraq, bu Sazi~in 

17 
tatbiq edilmasi zamam Azarbaycan Respublikas1 bu Sazi~in maqsadlarina zidd olmadtgt halda, 

bu Sazi~da verilmi~ muvafiq anlayt~m avazina AB~ Xazinadarhq Departamentinin 

qaydalarmda verilan anlayt~dan istifada eda va ya Azarbaycan Respublikasmm Maliyya 

institutu ti~lln bu ctir istifadaya icaza vera bilar. 

MaddOJ 5 

am .. IetmOJ VOJ icranm tOJmin edilmOJsi iizrOJ OJmOJkda~hq 

I. Kieik VOJ inzibati sOJhviOJr. Salahiyyatli Orqan inzibati sahvlarin va ya b~qa ki~ik 

sahvlarin qeyri-daqiq va ya natamam malumatlarm taqdim olunmasma va ya bu Mtiqavilanin 

~artlarinin b~qa ctir pozulmasma sabab oldugunu hesab etmaya asas1 oldugu halda, digar 

Tarafin Salahiyyatli Orqanma bildiri~ veracakdir. Hamin digar Tarafin Salahiyyatli orqam 

diizgtin valva ya daqiq malumatlann almmastm tamin etmak va bu Muqavila iizra digar 

pozuntulan ortadan qaldmnaq ti~tin oz daxili qanunvericiliyini ( o ctimladan tatbiq edila bilan 

carimalari) tatbiq etmalidir. 

2. abOJmivvOJtli dOJn&:OJdOJ pozuntu. 

a) Salahiyyatli orqan digar Tarafin Salahiyyatli orqammn yurisdiksiyasmda olan 

Hesabat Veran Maliyya institutu ila bagh bu Mtiqavila iizra ohdaliklarin 

ahamiyyatli ~kilda pozuldugunu muayyan etdikda, hamin Salahiyyatli Orqana 

bildiri~ verncakdir. Hamin digar Tarafin Salahiyyatli orqam bildiri~da gGstarilmi~ 

ahamiyyatli daracada pozuntunu aradan qaldmnaq ti~tin oz daxili 

qanunvericiliyini (o ctlmladan tatbiq edila bilan carimalari) tatbiq etmalidir. 

b) 8gar Azarbaycan Respublikasmm Hesabat vernn Maliyya institutu ila bagh bu 

ctir macburiyyat tadbirlari AB~-m Salahiyyatli orqam tarnfindan ahamiyyatli 

daracada pozuntu barnda ilk bildiri~ verildikdan soma 18 ay arzinda bu pozuntu 

aradan qaldmlmadtgt taqdirda, Birla~mi~ ~tatlar bu 2 (b) yanmbandina muvafiq 

olaraq Azarbaycan Respublikasrmn Hesabat vernn Maliyya institutunu i~tirak~1 

olmayan Maliyya institutu hesab edacakdir. 

3. Ueiincii SOJXSIOJrin xidmOJtiOJrinOJ etibar etmOJ. Tarnflardan har biri Hesabat Vernn 

Maliyya institutlarma, hamin Hesabat Veran Maliyya institutlanmn iizarina qoyulan 

ohdaliklarin bu Mtiqavilada nazarda tutuldugu qaydada yerina yetirilmasi ti~tin ti~tincti 

~axslarin xidmatlarindan istifada etmalarina icaza vera bilar, bu ~artla ki hamin ohdaliklarn 

gora Hesabat Vernn Maliyya institutlan cavabdeh qalsm. 

4. Yaymmanm qarsiSmm ahnmas1. Taraflar, Maliyya lnstitutlanmn bu Sazi~ iizrn blab 

edilan hesabatlarm verilmasindan yaytnmaga yGnalmi~ amallarinin q~1srm almaq ti~tin zaruri 

olan talablari tatbiq edacaklar. 

18 
Madda6 

Malumat miibadilasinin effektivliyinin va ,affa:OJ.gm yax,da,dJnlmasmm davam 

etdirilmasi iizn QaJ1Ihqh Ohdalik 

I. OanJbqhhq. Birl~§mi§ ~tatlar Hokum~ti Az~rbaycan Respublikas1 il~ oorab~r ~viyy~li 

qar§Ihqh avtomatik m~lumat mubadil~sin~ nail olunmasma ehtiyac oldugunu t~sdiq edir. 

Birl~§mi§ ~tatlar Hokum~ti b~rab~r ~viyy~d~ qar§Ihqh avtomatik m~lumat mubadil~sin~ nail 

olmaq u~fin normativ aktlar q~bul etm~kl~ v~ muvafiq qanunvericiliyini bblig etm~kl~ v~ 

d~~kl~m~kl~ §~:ffafllgm daha da yax§Ila§dmlmas1 v~ Az~rbaycan Respublikas1 il~ mubadil~ 

mfinasib~tl~rinin bkmill~§dirilm~sinin t~r~fdandrr. 

2. Passthru iidanislan va iimumi galira yanasma. T~~fl~r, dig~r T~r~fda§ 

Yurisdiksiyalm il~ yana§I, xarici "passthru" od~ni§l~rin v~ fimumi g~lird~n vergitutma 

siy~tinin m~~dl~rin~ nail olmaq m~q~dil~ birlikd~ ~~tinlikl~ri azaldan praktiki v~ effektiv 

altemativ yana§ma i§l~yib hazulamag1 oz fiz~ril~rin~ gorururl~r. 

3. 30 ivun 2014-cii il tarixina olan Hesablarm sanadlasdirilmasi. 30 iyun 20I4-cu il 

tarixin~ Hesabat ver~n Maliyy~ institutunda olan Hesabat verilm~li Hesablarla bagh: 

a) Birl~§mi§ ~tatlar I yanvar 20I7-ci il tarixin~~k, 20I7-ci v~ sonrakl ill~r u~fin 

Az~rbaycan Respublikasmm Hesabat verilm~li Hesabmm h~r bir Hesab 

Sahibinin Az~rbaycan Respublikasmda olan VOEN-i bar~~ bu Sazi§in 2-ci 

Mad~sinin 2(b )(I) yarrmb~ndin~ uygun olaraq t~l~b olunan qaydada m~lumatm 

~ld~ edilm~sini v~ verilm~sini AB~-m Hesabat ve~n Maliyy~ institutlanndan 

bl~b e~n qaydalar mu~yy~nl~§dirm~yi ohd~sin~ gorurur; v~ 

b) ~rbaycan Respublikas1, I yanvar 20 I7 -ci il tarixin~d~k, 20 I7 -ci v~ sonrakl 

ill~r u~fin h~r bir Mu~yy~n olunm.U§ AB~ ~~xsinin AB~-da olan VOEN-i bar~d~ 

bu Sazi§in 2-ci Madd~sinin 2(a)(l) yarrmb~ndind~ t~l~b olunan qaydada 

Az~rbaycan Respublikasmm Hesabat ver~n Maliyy~ institutlarmdan t~l~b ed~n 

qaydalar m~yy~nl~§dirm~yi ohd~sin~ gorurur. 

Madda7 

Tanfda, Yurisdiksiyalara FATCA-nm uygunla,dJnlm~ ,akilda tatbiqi 

I. Az~rbaycan Respublikas1 bu Sazi§in 4-cu mad~sin~ v~ ya I sayh 8lav~sin~ ~~n FATCAnm ~rbaycan Respublikasmm Maliyy~ institutlmna mfinasib~td~ t~tbiqi il~ ~laq~dar h~r hanst 

dig~r T~~fda§ Yurisdiksiyaya h~min T~~fda§ Yurisdiksiyamn bagladtgt v~ Az~rbaycan 

Respublikas1 kimi bu Sazi§in 2-ci v~ 3-cu madd~l~rind~ gosbrilmi§ eyni ohd~likl~ri bu madd~ v~ 

bu Sazi§in 5-9-cu madd~l~rin~ verilmi§ §~rtl~~ muvafiq olaraq yerin~ yetirm~yi q~bul etdiyi 

19 
ikibr~fli muqavil~ ~sasmda verilmi~ h~r hanst daha ~lveri~li ~~rtl~rin ustiinltikl~rind~n 

b~hr~l~n~c~kdir. 

2. Birl~~mi~ Statlar Az~rbaycan Respublikasma bu ciir daha ~lveri~li ~~rtl~r bar~d~ bildiri~ 

ver~c~k v~ Az~rbaycan Respublikast yazth ~~kild~ imtina etm~diyi halda, bu ciir ~~rtl~r bu 

Sazi~d~ mu~yy~n olunm~ kimi avtomatik ~~kild~ bel~ ~~rtl~ri oziind~ birl~~dir~n muqavil~nin 

imzalandtgt tarixd~n quvv~y~ min~c~kdir. 

Madd38 

M3sl3h3tl3~m3l3r V3 d3yi~iklikl3r 

1. Bu Sazi~in btbiqi il~ bagh h~r hanst bir ~~tinlik yarandtgt halda, h~r bir T~r~fbu Sazi~in 

icrastru t~min etm~k u~iin muva:fiq bdbirl~rin hazulanmast u~iin m~sl~h~tl~~m~l~rin 

ke~irilm~sini t~l~b ed~ bil~r. 

2. Bu Sazi~~ h~r iki T~r~fin qar~thqh yazth razthgt il~ d~yi~iklikl~r edil~ bil~r. B~qa ciir 

n~z~rd~ tutulmadtgt halda, d~yi~iklikl~r bu Sazi~in 1 0-cu madd~sinin l-ei b~ndind~ gost~ril~n 

qaydada quvv~y~ minir. 

Madd39 

aiav3l3r 

8lav~l~r bu Sazi~in aynlmaz t~rkib hiss~sidir. 

Madd310 

Sazi~in Miidd01ti 

1. Bu Sazi~ Az~rbaycan Respublikastrun bu Sazi~in quvv~y~ minm~si u~iin z~ruri daxili 

prosedurlan tamamlamast barnd~ Birl~~mi~ $tatlara verdiyi yazth bildiri~in tarixind~n 

quvv~y~ minir. 

2. T~r~fl~rd~n h~r biri, dig~r T~r~f~ yazth bildiri~ verm~kl~ bu Sazi~i l~gv ed~ bil~r. Bu 

halda Sazi~~. l~gvetm~ bar~d~ bildiri~in tarixind~n soma 12 ayhq dovr b~a ~atdtqdan soma 

g~l~n aym birinci giiniind~ xitam verilir. 

3.31 dekabr 2016-Cl il tarixin~ kimi T~r~fl~r, bu Sazi~in 6-Cl Madd~sind~ gost~rilmi~ ohd~likl~r 

~ ir~lil~yi~l~ri ~ks etdirm~k u~iin z~ruri olduqda Sazi~~ d~yi~iklikl~rl~ bagh m~sl~h~tl~~m~ 

aparmaltdtrlar. 

20 
Y uxandalolann tasdiq olaraq, a§agtda imza edanlar oz muvafiq Hokumatlari tarafindan laztmi 

qaydada salahiyyat verilmakla bu Sazi~i imzaladtlar. 

~~ohorind:> "'L" ~2WS:-ci il tarixindo, ingilis v:> Azorbaycan 

dilarinda olmaqla, eyni htiquqi qtivvaya malik olan iki ntisxada imzalanrm~du. 

AMERiKA BiRLa~Mi~ ~TATLARI 

HOKUM8Ti ADINDAN: 

21 

AZ8RBA YCAN RESPUBLiKASI 

HOKUMaTi ADINDAN: 

.;11~(/; 
1 SA YLI aLA va 

AMERiKA BiRLa~Mi~ ~TATLARININ HESABAT VERiLMaLi HESABLARININ Va 

MUaYYaN i~TiRAK<:I OLMAYAN MALiYYa iNSTiTUTLARINA EDiLaN 

ODaNi~LaRiN MUaYYaN EDiLMasi Va ONLAR BARaDa HESABATIN 

VERiLMasi UZRa HaRTaRaFLi YOXLAMA OHDaLiKLaRi 

I. Umumi miiddaalar 

A. .AzQrbayean Respublikas1 Azarbayean Respublikasmm hesabat veran maliyya 

institutlanndan AB~-m hesabat verilmali hesablanmn va i~ak~1 olmayan maliyya 

institutlanmn malik oldugu hesablann miiayyanla~dirilmasi ii~iin bu 1 sayh alavada aks olunan 

hartaratli yoxlama prosedurlanmn hayata ke~irilmasini talab edaeakdir. 

B. Sazi~in maqsadlari baxnmndan, 

1. Dollar valyutasmda ifada olunan biitiin mablaglar AB~ dollanndadrr va digar 

valyutalarda ekvivalenti ehtiva edaeakdir. 

2. Burada gostarilan hallar istisna olmaqla, hesabm qal1gt. va ya dayari taqvim ilinin va ya 

digar miivafiq hesabat dovriiniin son giiniina miiayyan edilaeakdir. 

3. Qal1gm va ya dayarin haddi bu 1 sayh 8lavaya asasan 30 iyun 20 14-cii i1 tarixina 

miiayyan edilmali oldugu halda miivafiq qal1q va ya dayar hamin giina va ya 30 iyun 2014-

eii i1 tarixindan darhal onea b~ ~tan hesabat dovriiniin sonuneu giiniina miiayyan edilaeak 

va qal1q va ya dayarin haddi bu 1 sayh 81avaya asasan taqvim ilinin sonuneu giiniina 

mtiayyan edilmali oldugu halda mtivafiq qal1q va ya dayar taqvim ilinin va ya digar miivafiq 

hesabat dovriiniin sonuneu giiniina mtiayyan edilaeakdir. 

4. Bu 1 sayh 8lavanin II bolmasinin E(1) yanmbandi nazarn almmaqla, hesab bu 1 sayh 

81avadaki hartarafli yoxlama prosedurlanna uygun olaraq AB~-m hesabat verilmali hesab1 

kimi mooyyan edildiyi tarixdan bu em hesab kimi qiymatlandirilxakdir. 

5. B~a qayda mtiayyan edilmadiyi halda, AB~-m hesabat verilmali hesabma dair malumat 

har il malumatm aid oldugu ildan sonrala taqvim ilinda verilaeakdir. 

C. Azarbayean Respublikas1 bu 1 sayh 8lavanin har bir bolmasinda gostarilan prosedurlara 

altemativ olaraq Azarbayean Respublikasmm hesabat vernn maliyya institutlanna AB~ 

Xazinadarhq Departamentinin qaydalannda aks olunan prosedurlara asaslanaraq hesabm AB~-m 

hesabat verilmali hesab1 va ya i~~~ olmayan maliyya institutunun hesab1 olmas1m mtiayyan 

etmaya ieaza vern bilar. Azarbayean Respublikas1 Azarbayean Respublikasmm hesabat veran 

maliyya institutlarma btitiin mtivafiq maliyya hesablanna, yaxud, aynhqda bu em hesablann har 

hans1 aydm mooyyan edilmi~ qrupuna (misal ti~iin, faaliyyat noviina va ya hesabm oldugu yera 

asasan) mtinasibatda bu alavanin har bir bolmasi ti~iin ayn-aynhqda bu em se~im etmasina 

ieaza vern bilar. 
II. Fiziki saxslara maxsus avvalcadan miivcud olan hesablar. A~gtdalo qayda va prosedurlar 

fizik:i ~xslara maxsus avvalcadan movcud olan hesablar (fizik:i ~xslara maxsus avvalcadan 

movcud olan hesablar) arasmda AB~-m hesabat verilmali hesablannm miiayyan edilmasi 

maqsadi ila tatbiq edilir. 

A. Yoxlandmasi, miiavvan edilmasi va ya hesabat verilmasi talab edilmayan hesablar. 

Azarbaycan Respublikasmm hesabat veran maliyya institutu btitiin fizik:i ~xslara maxsus 

avvalcadan movcud olan hesablara. yaxud, aynhqda bu ciir hesablarm har hanst aydm miiayyan 

edilmi~ qrupuna mtinasibatda b~a se~im etmadiyi taqdirda, Azarbaycan Respublikasmm icra 

qaydalan bu ciir se~imi tamin edarsa, ~8J.dalo fizik:i ~xslara maxsus avvalcadan movcud olan 

hesablarm AB~-m hesabat verilmali hesablan k:imi yoxlamlmast, miiayyan edilmasi va ya 

hesabat verilmasi talab edilmir: 

1. Bu bolmanin E(2) yanmbandini nazara almaqla, 30 iyun 2014-cii il tarixina qalt8J. va ya 

dayari 50,000 AB~ dollan mablagini ke~mayan fizik:i ~axslara maxsus avvalcadan movcud olan 

hesablar. 

2. Bu bolmanin E(2) yanmbandini nazara almaqla. 30 iyun 2014-cti il tarixina qalt8J. va ya 

dayari 250,000 AB~ dollan mablagini ke~mayan hayat ytgtm stgortast miiqavilasi va ya annuitet 

stgortast miiqavilasi olan fiziki ~xslara maxsus avvalcadan movcud olan hesablar. 

3. Azarbaycan Respublikas1nm va ya Birla~mi~ ~tatlann qanun va ya digar normativ aktlarmm 

hayat ytgtm s1gortas1 miiqavilasi va ya annuitet s1gortasi miiqavilasinin Birla~~ ~tatlarm 

rezidentlarina satllmasmm q~1srm effektiv ~k:ilda aldlgt halda, hayat y18J,m s1gortas1 

mtiqavilasi va ya annuitet s1gortas1 miiqavilasi olan fiziki ~xslara maxsus avvalcadan movcud 

olan hesablar (mas. agar miivafiq maliyya institutunun AB~ qanunvericiliyina uygun olaraq talab 

olunan qeydiyyatl yoxdursa va Azarbaycan Respublikasmm qanunvericiliyi Azarbaycan 

Respublikasmm rezidentlarinin sahib oldugu stgorta mahsullarma mtinasibatda hesabat verma va 

vergi tutma talab edirsa ). 

4. Qal18J, 50,000 AB~ dollan va ya daha az mablagda olan Bank hesablan. 

B. 30 iyun 2014-cii il tarixina qahp va ya dayari 50,000 ADS dollan mablafini kecan, lakin 

1.000.000 ADS dollan mablajjini kecmayan ("asajb dayarli hesablar") fiziki saxslara maxsus 

avvalcadan miivcud olan hesablar iiciin yoxlama prosedurlan (sigorta miiqavilasi va ya 

annuitet sigortasJ miiqavilasi iizra nagd pul dayari 250,000 ADS dollan) 

1. Elektron malumat axtans1. Azarbaycan Respublikasmm hesabat veran maliyya institutu 

•8J.dalo istanilan AB~ alamatlarindan bar biri iizra Azarbaycan Respublikasmm hesabat veran 

maliyya institutunun saxladi8J. elektron axtanla bilan verilanlari yoxlamahdlr: 

a) Hesab sahibinin AB~ vatan~I va ya rezidenti olmas1nm miiayyanla~dirilmasi; 

b) Dogum yerinin Birla~mi~ ~tatlarda olmasmm daqiq gostaricisi; 
c) Birla~mi~ ~tatlarda movcud po~t ilnvam va ya y~ay1~ ilnvam (AB~ po~t ilnvam daxil 

olmaqla); 

d) Birla~mi~ ~tatlarda movcud telefon noDU'Qsi; 

e) Maliyya vasaitlarinin Birla~mi~ ~tatlarda olan hesaba ko~iiriilmasi u~iln uzunmuddatli 

odani~ tap~mqlart; 

f) AB~ ilnvam olan ~xsa verilan quvvada olan etibarnama va ya imza huququ; va ya 

g) Azarbaycan Respublikasmm hesabat veran maliyya institutunda hesab sahibi ila bagl1 

sanadlarda yegana iinvan kimi gostarilan "nftmayanda ilnvam" va ya "saxlamlmi~ po~t 

ilnvam". A~ dayarli hesab sayllan fiziki ~xslara maxsus avvalcadan movcud olan 

hesab halmda AB~-dan kanarda olan ''nfimayanda ilnvam" va ya "saxlamlrm~ po~t 

ilnvam" AB~ alamati kimi qiymatlandirilmayacakdir. 

2. Elektron axtan~ zamam bu bolmanin B(l) yartmbandinda gostarilan AB~ alamatlarindan 

he~ biri ~kar edilmazsa, hesabla alaqali bir va ya daha artlq AB~ alamatinin meydana ~Ixmasi 

ila naticalanan dayi~iklik olmayana va ya hesab bu bolmanin D bandinda gostarilan yftksak 

dayarli hesaba ~evrilmayana kimi hesabla bagl1 har hans1 bir novbati addtrmn atilmasi talab 

edilmir. 

3. Elektron axtan~ zamam bu bolmanin B(l) yartmbandinda gostarilan AB~ alamatlarindan har 

hans1 biri ~kar edilarsa va ya hesabla alaqali bir va ya daha artiq AB~ alamatinin meydana 

~1xmasma sabab olan dayi~iklik olarsa, Azarbaycan Respublikasmm hesabat veran maliyya 

institutu bu bolmanin B(4) yartmbandini tatbiq etmak qarart vermayana va hesaba milnasibatda 

hamin yartmbandda olan istisnalardan biri tatbiq edilmayana kimi hesab1 AB~-m hesabat 

verilmali hesab1 kimi qiymatlandirir. 

4. Bu bolmanin B(l) yartmbandina asasan AB~ alamatinin tapllmasma baxmayaraq, 

Azarbaycan Respublikasmm hesabat veran maliyya institutunun a~gtdakt hallarda hesaba 

AB~-m hesabat verilmali hesab1 kimi yan~magt talab edilmir: 

a) Hesab sahibina dair malumat birmanal1 olaraq AB$-da dogum yerini gostararsa, Azarbaycan 

Respublikasmm hesabat veran maliyya institutu a~gtdakt malumatlart aida edir va ya daha 

avvaldan yoxlaytb va saxlayrr: 

(1) Hesab sahibinin vergi maqsadlari baxtrmndan na AB~ vatan~I, na da AB~ rezidenti 

olmamasma dair oziinuqiymatlandirma sanadi (IRS W -8 formasmda va ya razll~dmlmi~ digar 

formalarda ola bilar); 

(2) Hesab sahibinin Amerika Birla~mi~ ~tatlarmdan farqli digar olkanin vatan~1 olduguna 

dalalat edan qeyri-AB~ pasportu va ya dovlat tarafindan verilan digar identifikasiya sanadi; va 

(3) Hesab sahibinin AB~ vatanda~hginl itirmasina dair sanadin niisxasi va ya ~gtdakllarm 

asash izaln: 
(a) AB~ vatan~hgmdan ~axmasma baxmayaraq, hesab sahibinin bela sanadinin 

olmamasmm sababi; va ya 

(b) Hesab sahibinin anadan oldugu zaman AB~ vatan~hgt.ru aida etmamasinin sababi. 

b) Hesab sahibina dair malumatda AB$-da movcud p~Jft va ya y~qay11 yeri ilnvan• va ya 

hesabla alaqali oltm telefon nomralarinin yaln•z bir va ya daha fOX AB$ nomrasintbn ibarat 

olarsa, Azarbaycan Respublikasmm hesabat veran maliyya institutu a~gt.dala malumatlan aida 

edir va ya daha avvaldan yoxlaytb va saxlayrr: 

(1) Hesab sahibinin vergi maqsadlari baxmnndan na AB~ vatan~I, na da AB~ rezidenti 

olmamasma dair oziintiqiymatlandirma sanadi (IRS W -8 formasmda va ya razd~lml!ii 

digar formalarda ola bilar); va 

(2) Bu 1 sayh 8lavanin 6-c1 bolmasinin D bandinda mtiayyan olundugu kimi hesab sahibinin 

AB~ statusunun olmamasiru gosbran yazth dalil. 

c) Hesab sahibina dair malumatda maliyya vasaitlarinin AB$-da olan hesaba /Wfilrlillnasi ilfiln 

uzunmiidtl.atli otbnq tap1•nqlan olarsa, Azarbaycan Respublikasmm hesabat veran maliyya 

institutu ~dala malumatlan aida edir va ya daha avval yoxlayaraq qoruyub saxlaytr: 

(1) Hesab sahibinin vergi maqsadlari baxtmmdan na AB~ vatand~I, na da AB~ rezidenti 

olmamasma dair oziintiqiymatlandirma sanadi (IRS W -8 formasmda va ya raztl~dmlrm!ii 

digar formalarda ola bilar); va 

{2) Bu 1 sayb 8lavanin 6-cl bolmasinin D bandinda mtiayyan olundugu kimi hesab sahibinin 

AB~ statusunun olmamastru gostaran yazth dalil. 

d) Hesab sahibina dair malumatdaAB$ ilnvam olan 1axsa verUmi$ qilvvatb olan etibarnama va 

ya imza hilququnun olmllsma, Hesab Sahibi ila bagh yegana ilnvan kimi "nilmayantbnin 

ilnvan•" va ya "saxltunl""' poft ilnvam "na va ya bir va ya daha fOX AB$ telefon nomrasina 

dair malumat olduqda, Azarbaycan Respublikasmm hesabat veran maliyya institutu ~gt.dala 

malumatlan aida edir va ya daha avvaldan yoxlaytb va saxlayrr: 

(1) Hesab sahibinin vergi maqsadlari baxtmmdan na AB~ vatanda~I, na da AB~ rezidenti 

olmamasma dair oztintiqiymatlandirma sanadi (IRS W -8 formasmda va ya raztla~dmlrm~ 

digar formalarda ola bilar); va ya 

(2) Bu 1 sayh 8lavanin 6-c1 bOlmasinin D bandinda mtiayyan olundugu kimi Hesab 

Sahibinin AB~ statusunun olmamastru gostaran yaZI11 dalil. 

C. Asap dayarli hesablar saydan fiziki saxslara maxsus avvalcadan mfivcud olan hesablara 

tatbig edilan alava prosedurlar. 
-------------------------

1. AB~ ~lam~tl~uinin mtiayy~nl~~dirilm~si ti~Un. a~gJ. d~y~rli hesablar saytlan fiziki 

~xsl~rn m~xsus ~vv~lc~d~n movcud olan hesablann yoxlamlmast 30 iyun 2016-ct il 

tarixin~d~k ba~ ~atdmlmahdrr. 

2. A~gt ooy~rli hesab saytlan fiziki ~xsl~rn m~xsus ~vv~lc~d~n movcud olan hesabla baglt 

bu bolm~nin B(l) yarrmb~ndind~ qeyd edil~n bir v~ ya bir ne~~ AB~ ~lam~tl~rinin 

meydana ~1xmas1 il~ n~tic~l~n~n d~yi~iklikl~r olarsa, Az~rbaycan Respublikasmm 

hesabat vernn maliyy~ institutu bu bolm~nin B( 4) yanmb~ndi t~tbiq edil~n~d~k hesaba 

AB~-m hesabat verilm~li hesabt kimi yan~maltdrr. 

3. Bu bolm~nin A(4) yarrmb~ndind~ gosbril~n bank hesablan istisna olmaqla, bu bolm~ya 

asasan AB~-m hesabat verilmali hesabt kimi milayy~n olunan har hanst fiziki ~xslara 

m~xsus ~vv~lc~n movcud olan hesab, hesab sahibi mtiayy~n olunmu~ AB~ ~xsi kimi 

~~XI~ ed~n~dak btittin novbati ill~rda AB~-m hesabat verilm~li hesabt kimi 

qiym~tl~ndirilm~lidir. 

D. 30 ivun 2014-cii ll va ya 31 dekabr 2015-ci ll tarixlarina va ya istanllan niivbati llda 

gahg va ya dayari 1,000,000 ABS dollan mablaljni kesan :fiziki saxslara maxsus avvalcadan 

miivcud olan hesablar iizra hartaraOi yoxlama prosedurlan C'yiiksak dayarli hesablar"). 

1. Elektron malumat axtansL Az~rbaycan Respublikasmm hesabat ver~n maliyy~ institutu 

bu bolm~nin B(l) yarrmb~dind~ gost~ril~n ist~l~n AB~ ~lam~ti ti~Un. Azarbaycan 

Respublikasmm hesabat ver~n maliyy~ institutu t~rnfind~n saxlamlan elektron axtanla 

bil~n m~lumatlan yoxlamaltdtr. 

2. Kailz dgmcdarda malumat axtans1. Az~rbaycan Respublikasmm hesabat vernn 

maliyy~ institutunun elektron axtanla bil~n veril~nl~r bazalannda bu bolm~nin 0(3) 

yarrmb~ndind~ qeyd edil~n btittin m~lumatlar ti~tin sah~l~r ehtiva olunursa v~ toplanrrsa, 

kagJ.z ~Iytctlarda m~lumat axtan~ma ehtiyac yoxdur. Elektron veril~nl~r bazalannda bu 

m~lumatlann hamtsi toplanmrrsa, Ytiks~k D~y~rli Hesablara mtinasib~td~ Az~rbaycan 

Respublikasmm hesabat vernn maliyy~ institutu, h~m~inin m~ri il~ bagh carl ~sas fayh 

yoxlamalt v~ orada ~ks olunmadtgJ. ~qdird~ hesabla bagl1 olan v~ Az~rbaycan 

Respublikasmm hesabat ver~n maliyy~ institutu tarnfindan son be~ ild~ ~ld~ edilmi~ 

•gJ.dakt ~n~dl~ri bu bolm~nin B(l) yarrmb~ndind~ qeyd edil~n i~nil~n AB~ ~lam~ti 

tizrn yoxlamaltdrr: 

a) Hesabla bagh toplamlan an son s~n~dl~r; 

b) an son hesabm a~Ilmas1 tizrn mtiqavil~ v~ ya s~n~dl~~dirm~; 

c) AMLIKYC prosedurlanna uygun olaraq v~ ya dig~r t~nziml~yici m~qs~dl~r ti~Un. 

Az~rbaycan Respublikasmm hesabat ver~n maliyy~ institutu t~rnfind~n ~ld~ edil~n ~n 

son s~n~dl~r; 

d) Hal-hazrrda qiivv~d~ olan ist~nil~n etibarh etibarnam~ v~ ya imza hiiququnu 

bsdiql~y~n s~n~dl~r; 
e) Maliyya vasaitlarinin ko~tiriilmasi u~tin quvvada olan uzunmuddatli odani~ 

tap~mqlan. 

3. Verilanlar bazalannda kifayat gadar malumatm aks olundugu halda istisnalar. 

Azarbaycan Respublikasmm hesabat veran maliyya institutunun elektron axtanla bilan 

malumatlan •gulalalan ehtiva etdikda, Azarbaycan Respublikasmm hesabat veran 

maliyya institutundan bu bolmanin D(2) yanmbandinda gostarilan kagtz da~tytcilarda 

malumatlann axtanlmas1 talab edilmir: 

a) Hesab sahibinin vatanda~hgt va ya y~ayt~ yeri; 

b) Hesab sahibinin Azarbaycan Respublikasmm hesabat veran maliyya institutunun 

arxivinda olan y~ayt~ va po~t linvam; 

c) Hesab sahibinin Azarbaycan Respublikasmm hesabat veran maliyya institutunun 

arxivinda olan telefon nomrasi (nomralari) (oldugu taqdirda); 

d) Hesabdala vasaitlarin digar hesaba (Azarbaycan Respublikasmm hesabat veran 

maliyya institutunun digar filialt va ya digar maliyya institutunda olan hesab daxil 

olmaqla) ko~tiriilmasi u~tin uzunmuddatli odani~ tap~mqlanmn olub-olmamast; 

e) Hesab sahibi u~lin "niimayandanin linvam" va ya "saxlamlmt~ po~t linvam"mn olubolmamast; V.iJ 

f) Hesab 1izra har hans1 etibarnama va ya imza huququnun olub-olmamast. 

4. Miistarilarla is iizra menecerin faktiki malumatlara dair soriusu. Yuxanda qeyd 

edilan elektron va kagtz ~tytcilarda malumat axtan~ma alava olaraq mu~rilarla i~ iizra 

menecer hesab sahibinin muayyan olunm~ AB$ ~axsi olmasma dair faktiki malumata 

malik oldugu taqdirda Azarbaycan Respublikasmm hesabat veran maliyya institutu 

m~rilarla i~ Ozra menecera tap~mlan (bela yiiksak dayarli hesablan ila vahdat ta~kil 

edan istanilan maliyya hesablan) yiiksak dayarli hesaba AB$-m hesabat verilmali hesabt 

kimi y~maltdrr. 

5. ABS alamatlarinin tapdm.asmm naticasi. 

a) Yuxanda qeyd edilan yiiksak dayarli hesablarm hartarafli yoxlanmas1 zamam bu 

bolmanin B(l) yanmbandinda gostarilan AB$ alamatlarindan he~ biri ~ 

edilmadikda va hesabm bu bolmanin D( 4) yanmbandinda verilan muayyan olunmu~ 

AB$ $axsina maxsus olmas1 miiayyan edilmadikda, hesabla bagh bir va ya daha ~ox 

AB$ alamatinin meydana ~1xmas1 ila naticalanan dayi~iklik olmayanadak, he~ bir 

novbati addlmm atllmasma zarurat yaranm~r. 

b) Yuxanda qeyd edilan Yliksak dayarli hesablarm hartarafli yoxlanmas1 zamam bu 

bolmanin B(l) yanmbandinda gostarilan AB$ alamatlarindan har hanst biri ~kar 
edil~rs~ v~ ya bir v~ ya daha ~ox AB~ ~lam~tinin meydana ~1xmas1 il~ n~tic~l~n~n 

d~yi~iklik olarsa, Az~rbaycan Respublikasmm hesabat ver~n maliyy~ institutu bu 

bolm~nin B(4) yanmb~ndini ~tbiq etm~k b~d~ q~rar verm~y~n~ v~ h~min 

yanmb~ndd~ki istisnalardan h~r hans1 biri h~min hesaba mtinasib~td~ t~tbiq 

edilm~y~n~ kimi hesaba AB~-m hesabat verilm~li hesab1 kimi yan~mal1drr. 

c) Bu bolm~nin A( 4) yanmb~ndind~ go~ril~n Bank hesablan istisna olmaqla, bu 

bolm~y~ ~sas~n AB~-m hesabat verilm~li hesab1 kimi mii~yy~n olunan h~r hans1 

fiziki ~xsl~r~ m~xsus ~vv~lc~d~n movcud olan hesab, hesab sahibi mii~yy~n 

olunmu~ AB~ ~xsi oldugu miid~t~d~k biittin novb~ti ill~rd~ AB~-m hesabat 

verilm~li hesab1 kimi qiym~tl~ndirilm~lidir. 

E. Yiiksak dayarli hesablara tatbiq edilan alava prosedurlar 

1. Fiziki ~xsl~rn m~xsus ~vv~lc~d~n movcud olan hesab 30 iyun 2014-cii il tarixin~ 

yiiks~k d~y~rli hesab olarsa, Az~rbaycan Respublikasmm hesabat ver~n maliyy~ 

institutu bu hesabla bagl1 30 iyun 2015-ci il tarixin~d~k bu bolm~nin D b~ndind~ 

go~ril~n h~~rnfli yoxlama prosedurlarmi b~ ~atdlrmalidrr. Bu yoxlama ~sasmda 

bel~ hesabm 31 dekabr 2014-cii il tarixind~ v~ ya bu tarixd~n qabaq AB~-m hesabat 

verilm~li hesab1 oldugu mii~yy~n edil~rs~, Az~rbaycan Respublikasmm hesabat ver~n 

maliyy~ institutu 20 14-cii il~ mtinasib~td~ bu ciir hesabla bagl1 ~l~b edil~n 

m~lumatlan hesab iizrn ilk hesabatda v~ bundan sonra illik ~sasda verm~lidir. 

Hesabm 31 dekabr 2014-cii il tarixind~n 30 iyun 2015-ci il tarixin~ kimi v~ ya h~min 

tarixd~ AB~-m hesabat verilm~li hesab1 olmas1 m~yy~n edil~rs~, Az~rbaycan 

Respublikasmm hesabat ver~n maliyy~ institutundan 20 14-cii il ii~tin bel~ hesab 

b~d~ m~lumatm verm~si ~l~b olunmur v~ Az~rbaycan Respublikasmm hesabat 

vernn maliyy~ institutu bundan sonra illik ~sasda hesab bar~d~ hesabat verm~lidir. 

2. ag~r fiziki ~xsl~rn m~xsus ~vv~lc~d~n movcud olan hesab 30 iyun 2014-cii il 

tarixin~ yiiks~k d~y~rli hesab olmazsa, lakin 2015-ci ilin v~ ya h~r hans1 novb~ti 

~qvim ilinin son gtintin~ yiiks~k d~y~rli hesaba ~evril~rs~, Az~rbaycan 

Respublikasmm hesabat vernn maliyy~ institutu hesabm yiik~k d~y~rli hesaba 

~evrildiyi t~qvim ilinin sonuncu gtintind~n sonra alb ay ~rzin~ bel~ hesaba 

miinasib~td~ bu bolm~nin D yarimb~ndind~ verilmi~ h~rt~rntli yoxlama 

prosedurlarmi b~a ~tdlrmal1drr. Bu yoxlama ~sasmda hesab AB~-m hesabat 

verilm~li hesab1 kimi m~yy~n olunarsa, Az~rbaycan Respublikasmm hesabat ver~n 

maliyy~ institutu, hesab sahibi m~yy~n olunmu~ AB~ ~xsi oldugu miidd~t~d~k. bu 

hesabm AB~-m hesabat verilm~li hesab1 kimi m~yy~n olundugu il v~ ondan sonra 

g~l~n ill~r ii~tin illik ~sasda ~l~b edil~n m~lumatlan verm~lidir. 

3. Az~rbaycan Respublikasmm hesabat ver~n maliyy~ institutu bu bolm~nin D b~ndind~ 

verilmi~ h~~r~tli yoxlama prosedurlarmi yiiks~k d~y~rli hesaba ~tbiq ed~rs~. 

m~ril~rl~ i~ iizrn menecerin bu bolm~nin D( 4) yanmb~ndind~ gost~ril~n sorgusu 

istisna olmaqla, Az~rbaycan Respublikasmm hesabat vernn maliyy~ institutundan 

novb~ti ill~rd~ eyni yiiks~k d~y~rli hesaba bu prosedurlan yenid~n t~tbiq etm~k t~l~b 

edilmir. 
4. YUksak dayarli hesaba miinasibatda bu bolmanin B(l) yanmbandinda gostarilan 

hesabla alaqali bir va ya daha ~ox AB~ alamatlarinin meydana ~1xmas1 ila naticalanan 

dayi~iklik olarsa, Azarbaycan Respublikasmm hesabat veran maliyya institutu bu 

bolmanin B( 4) yanmbandini btbiq etmak barnda qarar vermayana va hamin 

yanmbanddaki istisnalardan har hans1 biri hamin hesaba miinasibatda btbiq 

edilmayana kimi hesaba AB~-m hesabat verilmali hesab1 kimi yan~mal1drr. 

5. Azarbaycan Respublikasmm hesabat veran maliyya institutu m~rilarla i~ iizra 

menecer brafindan hesabla bagl1 isbnilan dayi~ikliyin mfulyyan edilmasini bmin 

etmak u~iin prosedurlar hayata ke~irmalidir. Misal u~iin m~rilarla i~ iizrQ menecera 

hesab sahibinin AB~-da yeni po~t iinvanmm olmas1 barada malumat verilarsa, 

Azarbaycan Respublikasmm hesabat veran maliyya institutundan yeni iinvam hesabla 

bagl1 dayi~iklik kimi qabul etmasi talab olunur va o, bu bolmanin B(4) yanmbandinin 

tatbiqi barada qarar qabul edarsa, hesab sahibindan muvafiq sanadla~mani aida 

etmalidir. 

F. Milman digar magsadlar iiciin sanadlasdirilmis fiziki saxslara maxsus avvalcadan 

miivcud olan hesablar. ixtisasl~dmlmi~ vasib~i, vergi agenti funksiyasrm yerina 

yetiran xarici ortaqhq va ya xarici trast kimi ohdaliklarini va ya AB~ Macallasinin 26-ci 

bolmasinin 61-ci faslina asasan ohdaliklarini icra etmak U~Un Azarbaycan 

Respublikasmm hesabat vernn maliyya institutu avval Hesab Sahibindan onun na AB~ 

vabn~1, na da AB~ rezidenti olmadlguu mfulyyan etmak u~iin sanadlar aida etmi~dirsa, 

•g. dayarli hesablara mtinasibatda bu bolmanin B(1) yanmbandinda va ya yuxan 

dayarli hesablara miinasibatda bu bolmanin D(l)-0(3) yanmbandlarinda verilmi~ 

prosedurlan yerina yetirmak ohdaliyi ~lffilf. 

DI. Fiziki saxslara maxsus yeni hesablar. 1 iyul2014-cu i1 tarixinda va ya bu tarixdan sonra 

a~Ilan fiziki ~xslarn maxsus maliyya hesablan ("fiziki ~xslarn maxsus yeni hesablar") arasmda 

AB~-m hesabat verilmali hesablannm muayyan edilmasi maqsadi ila ~dalo qayda va 

prosedurlar tatbiq olunur: 

A. Yoxlandmast, miianan edilmasi va ya hesabat verilmasi talab edilmayan hesablar. 

Azarbaycan Respublikasmm hesabat veran maliyya institutu butiin fiziki ~xslarn maxsus 

yeni hesablara, yaxud aynhqda bu ctir hesablarm har hans1 aydm mtlayyan edilmi~ 

qrupuna miinasibatda ba~qa se~im etmadiyi taqdirda, Azarbaycan Respublikasmm icra 

qaydalan bu ctir se~imi tamin edarsa, a~g.dakl fiziki ~axslara maxsus yeni hesablarm 

AB~-m hesabat verilmali hesablan kimi yoxlamlmasi, mtlayyan edilmasi va ya hesabat 

verilmasi blab edilmir: 

1. Taqvim ilinin va ya istanilan digar hesabat dovriiniin sonunda hesabm balans1 50,000 

AB~ dollan mablagini ke~mayan Bank hesab1. 

2. Taqvim ilinin va ya isbnilan digar hesabat dovriiniin sonunda Pul Dayari 50,000 AB~ 

dollan mablagini ke~mayan hayat Ylgun s1gortas1 muqavilasi. 
B. Digar fiziki saxslan maxsus yeni hesablar. Bu bolm~nin A b~ndind~ n~z~rd~ 

tutulmann~ fiziki ~xsl~r~ m~xsus yeni hesablara miinasib~td~ hesab ac;Ilchqda (v~ ya 

hesab bu bolm~nin A b~ndind~ n~z~rd~ tutulmu~ hesablann t~l~bl~rin~ cavab verm~yi 

dayanchrchSJ. bqvim ilinin sonundan soma 90 gUn. ~rzind~) Az~rbaycan Respublikasmm 

hesabat ve~n maliyya institutu hesabm ac;Ilmas1 iic;iin s~n~dl~~m~nin bir hiss~si ola bilan 

va ona hesab sahibinin vergi m~qs~dl~ri (bu m~qs~dl~ hesab sahibi eyni zamanda digar 

olk~nin vergi rezidenti oldugu halda bel~ ABS v~t~nda~tna vergi m~qs~dl~ri baxtmmdan 

ABS rezidenti kimi yana~Ilrr) iic;iin ABS rezidenti olub-olmamasrm mooyy~n etmay~ v~ 

AMUK.YC prosedurlarma uygun olaraq toplamlan ist~nil~n s~n~dl~~m~ daxil olmaqla, 

hesabm ac;Ilmas1 il~ bagh Az~rbaycan Respublikasmm hesabat ver~n maliyy~ 

institutunun ~·~ etdiyi m~lumata ~saslanaraq oziinii qiym~tl~ndirm~ prosedurunun 

~sashhSJ.m bsdiq etm~y~ imkan ve~n bu ciir oziinii qiymatl~ndirm~ s~n~dini almahchr. 

1.Qziinii qiym~tl~ndirm~ san~din~ ~sas~n hesab sahibinin vergi m~qs~dl~ri baxtmmdan 

ABS rezidenti olmas1 mii~yy~n edils~. Az~rbaycan Respublikasmm hesabat ve~n 

maliyy~ institutu hesab1 ABS-m hesabat verilm~li hesab1 kimi qiym~tl~ndirm~li v~ 

hesab sahibinin ABS-da olan VOEN-ini (IRS W -9 formas1 v~ ya dig~r ox~ar 

razil~lmi~ forma ola bil~r) ehtiva ed~n oziinii qiym~tl~ndirm~ s~n~dini ~ld~ 

etm~lidir. 

2.Fiziki ~xsl~~ m~xsus yeni hesablara miinasib~td~ Az~rbaycan Respublikasrmn 

hesabat ve~n maliyy~ institutunun oziinii qiym~tl~ndirm~ s~n~dinin ~slinin qeyridiizgli.n v~ ya ~sasstz hesab etm~si va ya hesab etm~y~ ~sas1 olmasma s~b~b olan 

~yi~iklik olarsa, Az~rbaycan Respublikasmm hesabat ver~n maliyy~ institutu oziinii 

qiym~tl~ndirm~nin ~slina ~saslanmrr v~ vergi m~qs~dl~ri baxtmmdan hesab sahibinin 

ABS v~bn~I v~ ya rezidenti olmasrm mooyy~n etm~k iic;iin etibarh oziinii 

qiymatl~ndirm~ s~n~dini aid~ etm~lidir. Az~rbaycan Respublikasrmn hesabat veran 

maliyya institutu etibarh oziinii qiymatl~ndirm~ s~n~dini ~Ida ed~ bilmadikd~, hesaba 

ABS-m hesabat verilm~li hesab1 kimi yan~maltdrr. 

IV. Qabagcadan moveud olan miiassisa hesablan. A~SJ.dakt qayda v~ prosedurlar 

moossisal~rin qabaqcadan movcud olan hesablan ( qabaqcadan movcud olan moossisa hesablan) 

arasmda ABS-m hesabat verilm~li hesablannm v~ i~akc;t olmayan maliyy~ institutlannm 

hesablannm mooyy~n edilm~si m~qs~di il~ btbiq edilir. 

A. YoxlamlmasJ, miiayyan edilmasi va ya hesabat vermasi talab edilmayan miiassisa 

hesablan. Az~rbaycan Respublikasmm hesabat ve~n maliyy~ institutu biitiin qabaqcadan 

movcud olan mii~ssis~ hesablanna, yaxud, aynhqda bu ciir hesablann h~r hans1 aydm miiayyan 

edilmi~ qrupuna miinasib~td~ Az~rbaycan Respublikasmm icra qaydalan bu ciir sec;imi t~min 

e~rs~. b~a sec;im etm~diyi taqdird~ 30 iyun 2014-cii il tarixin~ balans v~ ya d~y~ri 250,000 

ABS dollan m~blagini kec;m~yan qabaqcadan movcud olan mii~ssis~ hesabrmn balans va ya 

d~y~ri 1,000,000 ABS dollan mabl~gini kec;may~n~d~k ABS-m hesabat verilm~li hesab1 kimi 

yoxlamlmast, mooyy~n edilm~si v~ hesabat verm~si bl~b edilmir. 

B. Yoxlandmah olan miiassisa hesablan. 30 iyun 2014-cii il tarixin~ balans va ya dayari 

250,000 ABS dollan mabl~gini ke~n qabaqcadan movcud olan mii~ssisa hesab1 v~ 30 iyun 
2014-cu il tarixina 250,000 AB~ dollan mablagini ke~mayan, lakin 2015-ci ilin va ya har hanst 

novbati taqvim ilinin son giintina qahgJ. va ya dayari 1,000,000 AB~ dollan mablagini ke~n 

qabaqcadan movcud oian mtiassisa hesabt bu boimanin D bandinda muayyan ediian proseduriara 

uygun oiaraq yoxlamimahdrr. 

C. Hesabat verilmali olan Miiassisa Hesablan. Bu bolmanin B bandinda qeyd edilan 

qabaqcadan movcud olan mtiassisa hesablanna mtinasibatda yalmz Muayyan olunm~ AB~ 

~axslari olan bir va ya daha ~ox muassisalarn maxsus oian hesablar va ya AB~ vatan~t va ya 

rezidentlari olan bir va ya daha ~ox nazarat edan ~axslarla passiv xarici qeyri-maliyya muassisasi 

(Passiv NFFE) maxsus olan hesablar AB~-m hesabat verilmali hesablan kimi 

qiymatlandirilmalidir. Bununla yan~t, i~~~ olmayan maliyya institutlanna maxsus hesablar 

Sazi~in 4-cu maddasinin 1 (b) yanmbandinda nazarda tutuldugu kimi timumi odani~lari barada 

malumatlar Azarbaycan Respublikasmm salahiyyatli orqanma verilan hesablar kimi 

qiymatlandirilacakdir. 

D. Hesabat verilmali olan miiassisa hesablannm miiavvan edilmasi iis:iin yoxlama 

prosedurlan. Bu bolmanin B bandinda nazarda tutulmu~ qabaqcadan movcud olan mtiassisa 

hesablan u~tin Azarbaycan Respublikasmm hesabat veran maliyya institutu hesabm bir va ya 

daha ~ox mtiayyan olunmu~ AB~ ~xsina, AB~ vatan~lan va ya rezidentlari olan bir va ya 

daha ~ox nazarat edan ~axslari olan passiv NFFE-ya va ya i~ak~t olmayan maliyya 

institutlanna maxsus olub-olmamasrm muayyan etmak u~tin ~gJ.dakt prosedurlan hayata 

ke~irmalidir: 

1. Miiassisanin miiavvan olunmus ABS saxsi olub-olmamasmm miiavvan edilmasi. 

a) Malumatda hesab sahibinin AB~ ~axsi olub-olmamasmm gostarilmasini mtiayyan etmak 

U~tin tanzimlama va ya m~arilarla i~ maqsadlari baxtmmdan aida edilmi~ malumatt 

(AMUKYC prosedurlanna uygun oiaraq toplamlan malumatlar daxil olmaqla) 

yoxlamaq. Bu maqsadla Hesab Sahibinin AB~ ~axsi oldugunu gostarnn maiumata AB~­

da qeydiyyatdan ke~ma va ya ta~kii edilma va yaxud AB~-da tinvanm oimast barada 

maiumat daxildir. 

b) Maiumat hesab sahibinin AB~ ~xsi oldugunu aks etdirarsa, Azarbaycan Respublikasrmn 

hesabat vernn maliyya institutu hesab sahibindan oztinu qiymatlandirma sanadini (IRS 

W-8 va ya W-9 formasmda va ya ox~ raztl~dmlmt~ formada oia bilar) aida etmayana 

va ya oztintin malik oidugu maiumata va ya ictimaiyyata a~tq olan malumata istinad 

etmakla asash oiaraq hesab sahibinin mtiayyan olunmu§ AB~ §axsi olmadtguu mtiayyan 

etmayana kimi hesabt AB~-m hesabat verilmali hesab1 kimi qiymatlandirmalidir. 

2. Oeyri-ABS Miiassisasinin maJivva institutu olub-olmamasmm miiavvan edilmasi. 

a) Maiumatda hesab sahibinin maliyya institutu oiub-oimamasmm gostariimasini mtiayyan 

etmak u~tin tanzimlama va ya m~ariiarla i~ maqsadi ila aida ediimi~ maiumatt 

(AML/KYC prosedurianna uygun oiaraq topiamian maiumat daxii olmaqla) yoxlamaq. 

b) Malumat hesab sahibinin maliyya institutu oldugunu aks etdirarsa va ya Azarbaycan 

Respublikasmm hesabat vernn maliyya institutu tarnfindan IRS-in dare ediian FFI 
siyah.Ismda besab sahibinin qlobal vasib~i identifik:asiya nomrasi tasdiq edilarsa, besab 

AB~-m besabat verilmali besab1 saydmrr. 

3. Maliyya institutunun sazisin 4-cii maddasinin llbl yanmbandina asasan odanislari 

barada iimumi hesabatm verilmali oldulu istirak£• olmayan maliyya institutu olubolmamasmm miiayyan edilmasi. 

a) Bu bolmanin D (3) (b) yanmbandina uygun olaraq Azarbayean Respublikasmm 

besabat veran maliyya institutu IRS-in dare edilan FFI siyah.Ismda besab sahibinin 

qlobal vasita~i identifik:asiya Nomrasi asasmda va ya ietimaiyyata a~1q olan va ya 

Azarbayean Respublikasmm besabat veran maliyya institutunun saraneammda olan 

digar malumata istinad edarak asash besab etdiyi balda, besab sahibini Azarbayean 

Respublikasmm maliyya institutu va ya digar tarafd.a§ yurisdiksiyasmm maliyya 

institutu olmasmi muayyan eda bilar. 

b) ogar besab sahibi IRS brafindan i~~~ olmayan maliyya institutu kimi 

qiymatlandirilan Azarbayean Respublikasmm maliyya institutudursa va ya digar 

brafd.a§ yurisdiksiyasmin maliyya institutudursa, hesab AB~-m besabat verilmali 

besab1 sayllmrr, lakin besab sahibina edilan odani~lar barada malumat Sazi~in 4-eu 

maddasinin 1(b) yanmbandina uygun olaraq verilmalidir. 

e) Hesab sahibi Azarbayean Respublikasmm maliyya institutu va ya digar brafd~ 

yurisdiksiyasmm maliyya institutu deyildirsa, Azarbayean Respublikasmm besabat 

veran maliyya institutu, a~ag.dakl ballar istisna olmaqla besab sahibini odani~lari 

barada malumatm sazi~in 4-cu maddasinin 1 (b) yanmbandina uygun olaraq verilmali 

oldugu i~~~ olmayan maliyya institutu kimi qabul edir: 

(1) Azarbayean Respublikasmm besabat veran maliyya institutu AB~ Xazinadarhq 

Qaydalarmda miiayyan edildiyi kimi bsdiq edilmi~ amal edan besab edilan FFI va 

ya besabat vermakdan azad edilmi~ faktiki sahib olan hesab sahibindan oziinu 

qiymatlandirma sanadini (IRS W -8 formasmda va ya ox~ razd~dmlml~ 

formada ola bilar) alrr; va ya 

(2) i~~~ FFI va ya qeydiyyatdan ke~mi~ amal edan FFI balmda, Azarbayean 

Respublikasmm hesabat veran maliyya institutu IRS-in dare edilan FFI 

siyah.Ismda hesab sahibinin qlobal vasita~i identifik:asiya nomrasini tasdiq edir. 

4. NFFE-ya maxsus olan hesabm ABS-m hesabat verilmali hesabt olub-olmamasmm 

miiayyan edilmasi. Na AB~ ~xsi, na da maliyya institutu kimi muayyan edilmayan 

qabaqeadan moveud olan miiassisa hesabmm besab Sahibina miinasibatda Azarbayean 

Respublikasmm hesabat veran maliyya institutu (i) besab Sahibinin Nazarat edan 

~axslara malik olub-olmamasmi, (ii) besab sahibinin Passiv NFFE olub-olmamastm va 

(iii) besab sahibinin bar bans1 nazarat edan ~xslarindan bar hans1 birinin AB~ vatanda~1 

va ya rezidenti olub-olmamasmi muayyan etmalidir. Azarbayean Respublikasmm besabat 

vernn maliyya institutu yuxandalalan muayyan edarkan D (4)(a) yanmbandindan D 
(4)(d) yarunoondin~ kimi olan t~limatlara ~rtl~rd~n asllt olaraq ;:,n uygun ardtcllhqla 

riay~t etm~lidir. 

a) Hesab sahibinin n~zarnt ed~n ~xsl~rinin mii;:,yy~n edilm~si ii.yiin Az;:,rbaycan 

Respublikasmm hesabat ver~n maliyy~ institutu AML/KYC prosedurlarma uygun 

olaraq ~ld~ edil~n v~ toplamlan m~lumatlara istinad ed~ bil~r. 

b) Hesab sahibinin passiv NFFE olub-olmamasrm mii~yy~n etm~k u.yiin Az~rbaycan 

Respublikasmm hesabat ver~n maliyy~ institutu oziiniin malik oldugu v~ ya 

ictimaiyy~b a.ytq olan m~lumat ;:,sasmda hesab sahibinin aktiv xarici qeyri-maliyy~ 

m~ssis;:,si (aktiv NFFE) olmasrm ~sash olaraq m~yy~n etm~y~n~d~k. hesab 

sahibind~n onun statusunu mu~yy~nl~§dirm~k ii.yiin oziinii qiym~tl~ndirm~ s~n~dini 

(IRS W -8 v~ ya W -9 formalarmda v~ ya ox§ar raztla§dtnlrm§ formalarda) ~ld;:, 

etm~lidir. 

c) Passiv NFFE-nin n;:,zar;:,t ed:;m ~xsinin vergi m;:,qs;:,dl~ri baxtmmdan AB~ v~bnda§I 

v~ ya rezidenti olub-olmamasrm mii~yy~n etm~k m~qs~di il~ ~rbaycan 

Respublikasmm hesabat vernn maliyy~ institutu a§a~daktlara istinad ed;:, bil~r: 

(1) Qal1~ v~ ya d~y~ri 1,000,000 AB~ dollan m~bl~gini ke.ym~y~n bir v~ ya daha .yox 

NFFE-y~ m~xsus qabaqcadan movcud olan m~ssis~ hesabt halmda AML/KYC 

prosedurlarma uygun olaraq toplamlrm§ v~ saxlamlrm§ m~lumatlara; 11a ya 

(2) Qal1~ v~ ya d~y~ri 1,000,000 AB~ dollan m~bl;:,gini ke~n bir v~ ya daha .yox 

NFFE-y~ m~xsus qabaqcadan movcud olan mii;:,ssis~ hesabt halmda hesab 

sahibind~n v~ ya bel~ n~zar~t ed~n ~xsl~rd~n oziinii qiym~tl~ndirm~ s~n~din;:, 

(IRS W-8 v~ ya W-9 formalarmda v~ ya OX§ar razlla§dtnlrm§ formalarda). 

d) Passiv NFFE-nin h~r hans1 n~zar;:,t ed~n ~xsi AB~ v~t~nda§1 v~ ya rezidenti olarsa, 

hesab AB~-m hesabat verilm;:,li hesab1 kimi qiym~tl~ndirilm~lidir. 

E. Qabaqcadan miivcud olan miiassisa hesablanna tatbiq olunan alava 

prosedurlar va yoxlama miiddati 

1. 30 iyun 2014-cii il tarixin;:, balans v~ ya d~y~r 250,000 AB~ dollan m~bl~gini ke~n 

qabaqcadan movcud olan m~ssis~ hesablarmm yoxlamlmast 30 iyun 2016-ct il 

tarixin~d~k ba§a .yatdtnlmalidrr. 

2. 30 iyun 2014-cii il tarixin~ balans v~ ya d~y~r 250,000 AB~ dollan m~bl~gini 

ke.ym~y~n. lakin balans v~ ya d~y~r 31 dekabr 20 15-ci il tarixin~ v~ ya h~r hans1 

novb~ti ild~ 1,000,000 AB~ dollan m~bl~gini ke.y~n qabaqcadan movcud olan 

m~ssis~ hesablannm yoxlamlmas1 hesabm balans v~ ya d~y~rinin 1,000,000 AB~ 

dollan m~bl;:,gini ke.ydiyi t~qvim ilin sonuncu giiniind~n sonra altl ay ~rzind~ ba§a 

.yatdtnlmalidrr. 
3. Qabaqcadan movcud olan miiQssisQ hesablanna mtinasibQtd~ AzQrbay~an dini" 

Respublikasmm hesabat verQn maliyyQ institutunun oztinii qtymQtlQn<lirn;tQ SQnQ 

VQ ya hesabla bagh digQr sQnQdi qeyri-diizgtin VQ ya QSassiZ hesab etmQS~ VQ ya hesab 

etmQyQ Qsast olmasma sQbQb olan dQyi~ik. olarsa. ~Qrbaycan ~espublik.asmm 

hesabat vernn maliyyQ institutu bu oolmQnin D bQndin® qeyd edi}Qn prosedurlara 

uygun olaraq hesabm statusunu yenidQn miiQyyQn etmQlidir. 

V. Yeni miiassisa hesablan. ~gt.dala qayda VQ prosedurlar 1 iyu12014-cii il tarixindQ 

VQ ya bu tarixdQn soma a~Ilan AB~-m hesabat verilmQli hesablarmm VQ miiQssisQ}QrQ 

mQxsus olan maliyyQ hesablan arasmda i§tira.k~1 olmayan maliyyQ institutlarma 

IDQXSUS olan hesablann (''yeni miiQssiSQ hesablan") miiQyyQn edilmQsi mQqSQdi ilQ 

tQtbiq edilir. 

A. Yoxlandmas1, Miiavvan edilmasi va ya Hesabat verilmasi talab edilmayan Miiassisa 

Hesablan. AzQrbaycan Respublikasmm hesabat vernn maliyyQ institutu biitiin yeni 

miiQssiSQ hesablanna, yaxud, aynhqda bu cUr hesablarm hQr hanst aydm miiQyyQn 

edilmi~ qrupuna mtinasiootdQ AzQrbaycan Respublikasmm icra qaydalan bu cUr se~imi 

bmin edQrsQ, b~qa se~im etmQdiyi bqdirdQ yeni miiQssisQ hesabt kimi qiymQtlQndiri}Qn 

kredit kartt hesab1 VQ bQrpa olunan kredit iizrn hesablarm, bu ciir hesablarm saxlandtgt 

AzQrbaycan Respublikasmm hesabat verQn maliyyQ institutunun Hesab SahibinQ hesabm 

qaltq dQyQrinin 50,000 AB~ dollan mQb}Qginin ke~mQsinin qarl1ISIDI almaq u~tin siyasQt 

VQ prosedurlar btbiq etmQsi ~rti ilQ, yoxlantlmast, miiQyyQn edilmQsi VQ ya hesabat 

verilmQsi blQb edilmir. 

B. Digar yeni miiassisa hesablan. Bu bOlmQnin A bQndindQ nQZQroQ tutulmayan yeni 

miiQssisQ hesablanna miinasibQtdQ AzQrbaycan Respublik.asmm hesabat verQn maliyyQ 

institutu hesab sahibinin (i) muQyyQn olunmu~ AB~ ~xsi, (ii) AzQrbaycan 

Respublikasmm VQ ya digQr tQrQf~ yurisdiksiyantn maliyyQ institutu, (iii) AB~ 

XQzinQdarhq Qaydalarmda miiQyyQn edildiyi kimi i§tira,k~1 xarici maliyyQ institutu (FFI), 

QmQ} edQn hesab edi}Qn FFI VQ ya hesabat vermQkdQn azad edilmi~ faktiki sahib VQ ya (iv) 

aktiv VQ ya passiv NFFE olmastm miiQyyQn etmQlidir. 

1. Bu bolmQnin B(2) yanmbQndinQ miivafiq olaraq AzQrbaycan Respublik.asmm hesabat 

vernn maliyyQ institutu hesab sahibinin qlobal vasib~i identifikasiya nomrnsi 

Qsasmda VQ ya ictimaiyyQtQ a~tq olan VQ ya AzQrbaycan Respublikasmm hesabat 

vernn maliyyQ institutunun SQrQncammda olan digQr mQlumata istinad edQrQk Qsash 

hesab etdiyi halda, Hesab Sahibinin aktiv NFFE, AzQrbaycan Respublikasmm 

maliyyQ institutu VQ ya digQr brnf~ yurisdiksiyastmn maliyyQ institutu olmasiDI 

miiQyyQn edQ bilQr. 

2. Hesab sahibi IRS brnfindQn i~ak~1 olmayan maliyyQ institutu kimi qiymQtlQndirilQn 

AzQrbaycan Respublikasmm maliyyQ institutu VQ ya digQr brQf~ yurisdiksiyasmm 

maliyyQ institutu olarsa, hesab AB~-m hesabat verilmQli hesabt deyil, lakin hesab 

sahibinQ edi}Qn odQnil11Qr barQdQ mQlumat Sazi~in 4-cii maddQsinin 1 (b) yanmbQndinQ 

uygun olaraq verilmQlidir. 
3. BiitUn digar hallarda, Azarbaycan Respublikasmm hesabat ve~n maliyy~ institutu 

hesab sahibinin statusunu muayyan etmak u~lin ondan 6zUn1i qtymatlandirma 

sanadini almaltdrr. Bu sanada asaslanmaqla a~agtdakt qaydalar tatbiq olunur: 

a) Hesab sahibi mlblyy;~n olunmrq AB$161XSi oldugu taqdirda, Azarbaycan 

Respublikastmn hesabat veran maliyya institutu hesaba AB~-m hesabat verilmali 

hesabt kimi qiymatlandirir. 

b) agar hesab sahibi passiv NFFE-dirsa, Azarbaycan Respublikasmm hesabat veran 

maliyya institutu AMIJK.YC qaydalan ~ar~ivasinda muayyan edildiyi kimi 

nazarat edan ~axslari identifikasiya edir va bu clir ~axs va ya hesab sahibindan 

6zUnu qiymatlandirma sanadi asasmda bu clir ~axsin AB~ vatan~1 va ya 

rezidenti olmastm muayyan edir. istanilan bu clir ~axs AB~ vatan~t va ya 

rezidenti olarsa, hesabat vernn Azarbaycan Respublikasmm maliyya institutu 

hesabt AB~-m hesabat verilmali hesabt kimi qiymatlandirir. 

c) agar hesab sahibi (i) muayyan olunmu~ AB~ ~axsi olmayan AB~ ~axsi, (ii) bu 

b6lmanin B(3)( d) yanmbandina asasan Azarbaycan Respublikasmm maliyya 

institutu va ya digar tarnfda~ yurisdiksiyasmm maliyya institutu, (iii) AB~-m 

Xazinadarhq idarasinin muvafiq qaydalannda muayyan edildiyi kimi i~~~ 

FFI, amal edan hesab edilan FFI va ya hesabat vermakdan azad edilmi~ faktiki 

sahib va ya (iv) aktiv NFFE va ya (v) nazarat edan ~xslarindan he~ biri passiv 

AB~ vatan~1 va ya rezidenti olmayan NFFE olarsa, hesab AB~-m hesabat 

verilmali hesabt saytlmrr va hesabla baglt he~ bir hesabat verilmasi talab olunmur. 

d) Hesab sahibi i¢rak~1 olmayan maliyya institutu olarsa (IRS tarafindan i¢rak~1 

olmayan maliyya institutu kimi qiymatlandirilan Azarbaycan Respublikasmm 

maliyya institutu va ya digar taraf~ yurisdiksiyasmm maliyya institutu), hesab 

AB~-m hesabat verilmali hesabt saytlmrr, lakin hesab sahibina edilan 6dani~lar 

barada malumat Sazi~in 4-cu maddasinin 1 (b) yanmbandina uygun olaraq 

verilmalidir. 

VI. Xiisusi qayda va anlaviSiar. A~gtdakt alava qayda va anlayt~lar yuxanda qeyd 

edilan hartarnfli yoxlama prosedurlanmn hayata ke~irilmasinda tatbiq olunur: 

A. Oziinilqivmatlandirma sanadina va yazili dalillara asaslanma. Azarbaycan 

Respublikasmm hesabat vernn maliyya institutu 6zUnuqiymatlandirma sanadinin va ya 

yazth dalilin sahv va ya etibarstz olmastm bilarsa va ya bilmaya asast olarsa, bu clir 

sanadlara asaslanmaya bilar. 

B. Anlayglar. Bu 1 sayh aiavanin maqsadlari baxnnmdan a~gJ.dakt anlayt~lardan istifada 

edilir. 

1. AMLIKYC prosedurlan. AMLIKYC prosedurlan Azarbaycan Respublikasmm 

hesabat vernn maliyya institutunun amal etmali oldugu Azarbaycan Respublikasmm 

~irkli pullarm yuyulmasma qar~1 va ya ox~ar talablarina uygun olaraq Azarbaycan 
Respublikasmm hesabat vernn maliyya institutunun mu~arilarin hartarafli 

yoxlamlmas1 prosedurlanm bildirir. 

2. NFFE. NFFE, AB~ Xazinadarhq Qaydalannda muayyan edildiyi kimi FFI olmayan 

har hanst qeyri-AB~ Muassisasi va ya bu bolmanin B(4)G) yanmbandinda nazarda 

tutulan muassisadir va maliyya institutu olmayan, Azarbaycan Respublikasmda va ya 

digar tarnfda:;; yurisdiksiyada tasis edilan istanilan qeyri-AB~ muassisasini ehtiva 

edir. 

3. Passiv NFFE. Passiv NFFE dedikda, (i) aktiv NFFE va ya (ii) AB~-m Xazinadarhq 

idarasinin muvafiq normativ aktlarma uygun olaraq vergi agenti funksiyasmt yerina 

yetiran xarici ortaqhq va ya xarici trast olmayan har hans1 NFFE ba:;;a du:;;Ullir. 

4. Aktiv NFFE. Aktiv NFFE a:;;a8J,dala meyarlardan har hans1 birina cavab veran 

istanilan NFFE-ni bildirir: 

a) NFFE-nin avvalki taqvim iii va ya digar muvafiq hesabat dovrli u~lin limumi 

galirinin 50 faizindan daha az hissasi passiv galirdir va avvalki taqvim iii va ya 

digar muvafiq hesabat dovrli arzinda NFFE-ya maxsus aktivlarin 50 faizindan 

daha az hissasi passiv galir gatirir va ya passiv galirin gotlirUlmasi u~lin saxlamhr; 

b) Sahmlari tanzimlanan qiymatli kagtzlar bazarmda mlitamadi olaraq ticarat olunur 

va ya NFFE sahmlari tanzimlanan qiymatli kagtzlar bazannda mlitamadi olaraq 

ticarat olunan Muassisa ila 8laqali Muassisadir; 

c) NFFE AB~ 8razilarinda tasis edilmi:;;dir va odani:;; sahiblarinin harms1 hamin 

AB~ 8razilarinin haqiqi rezidentlaridir; 

d) NFFE hokumat (AB~ hokumatindan ba:;;qa), bela hokumatin inzibati-arazi vahidi 

(qeyri-muayyanliyin aradan qaldmlmas1 u~lin ~t, ayalat, rayon va ya baladiyyani 

ehtiva edir), bu clir hokumatin va ya onun inzibati-arazi vahidinin funksiyalanm 

yerina yetiran dovlat hakimiyyat orqam, AB~ 8razisinin hokumati, beynalxalq 

ta~lat, qeyri-AB~ markazi emissiya banlo va ya yuxanda gostarilanlarin biri va 

ya bir ne~asinin mlilkiyyatinda olan muassisa; 

e) NFFE-nin blitlin faaliyyati ahamiyyatli daracada ticarat faaliyyati va ya maliyya 

institutunun biznes faaliyyatindan farqli olan digar biznes faaliyyati ila ma:;;gul 

olmaqdan ibarnt olan bir va ya bir ne~a torama muassisanin dovriyyaya 

buraxdmt:;; sahmlarinin saxlamlmas1 (tamamila va ya qisman) va ya onlara 

maliyya xidmatinin gostarilmasindan ibaratdir, lakin buna istisna olaraq, muassisa 

investisiya fondu (masalan ozal pay fondu, ven~ur kapital fondu, bore kapital1 

hesabma nazarnt paketlarinin almmas1 fondu, yaxud maqsadi :;;irkatlari almaq va 

ya maliyyala:;;dirmak va sonradan hamin :;;irkatlardaki maraqlardan investisiya 

u~lin kapital aktivlari kimi istifada etmak olan har hans1 digar investisiya alati) 

kimi faaliyyat gostardiyi halda NFFE statusu aida etmayacakdir; 
f) NFFE hala sahibkarhq faaliyyati ila ma~gul deyil va ilkin amaliyyat tarixi yoxdur, 

ilkin ta~l edilma tarixindan sonra galan 24 ayhq mtlddatin bitdiyi tarixdan sonra 

bu istisna 11~1ln htlququnun itirilmasi ~rtila, maliyya institutunun faaliyyatindan 

farqli sahibkarhq faaliyyati ila ma~gul olmaq 11~1ln sahmlara kapital qoyulu~ 

edir; 

g) NFFE son be~ ilda maliyya institutu olmann~chr va faaliyyatinda maliyya 

institutunun amaliyyatlanndan farqli amaliyyatlan davam etdirmak va ya barpa 

etmak niyyati ila oz aktivlarini satmaq va ya yenidan ta~l olunma prosesindadir; 

h) NFFE asasan maliyya institutu olmayan 8laqali Mtlassisalarla va ya onlar 11~1ln 

maliyya va hedc amaliyyatlan ila ma~gul olur va 8laqali Mtlassisa olmayan har 

hans1 Mtlassisaya maliyya va ya hedc xidmatlari gostarmir, bu ~rtla ki har hanst 

bela 8laqali Mtlassisanin qrupu asasan maliyya institutunun ma~gul olmadtgJ. 

sahibkarhq faaliyyatinda i~ etsin; 

i) NFFE AB:) Xazinadarhq Qaydalannda verildiyi kimi "mtlstasna NFFE"dir; va ya 

j) NFFE ~gtdakt talablarin hannsma cavab verir: 

i. 0, rezidenti oldugu yurisdiksiyada mtlstasna olaraq dini, xeyriyya, elmi, 

incasanat, madani, idman va ya tahsil maqsadlari baxtmmdan tasis edilmi~ va 

idara olunan; va ya o, rezidenti oldugu yurisdiksiyada tasis edilmi~ va idara 

olunur va pe~kar birlik, sahibkarlar liqas1, ticarat palatas1, amak ta~lati, kand 

tasarrtlfati va ya bag~1hq ta~kilati, ~ahar liqas1 va ya mtlstasna olaraq sosial rifahm 

ta~viqi 11~1ln faaliyyat gostaran ta~kilatchr. 

ii. 0, rezidenti oldugu yurisdiksiyada galir vergisindan azad edilmi~dir; 

iii. Onun galir va ya kapitalmda millkiyyat~i va ya benefisiar maraqlan olmayan 

pay~Ilan va ya 1lzvlari yoxdur; 

iv. NFFE-nin rezidenti oldugu yurisdiksiyanm tatbiq edilan qanunvericiliyi va 

ya NFFE-nin tasis sanadlari NFFE-nin xeyriyya faaliyyatinin hayata ke~irilmasina 

uygun olaraq va ya gostarilan xidmatlarin avazinin adalatli ~kilda odanilmasi va 

ya NFFE-nin aida etdiyi amlakm adalatli bazar qiymatini nazarda tutan odani~in 

edilmasi hallan istisna olmaqla, NFFE-nin har hans1 galirlarinin va ya aktivlarinin 

fiziki ~xs va ya xeyriyya ta~kilati olmayan ta~lata paylanmasma va ya onlann 

xeyrina istifada edilmasina icaza vermir; va 

v. NFFE-nin rezidenti oldugu yurisdiksiyanm tatbiq edilan qanunvericiliyi va 

ya NFFE-nin tasis sanadlari NFFE-nin lagv edilmasi va ya buraxtlmasi halmda 

onun biitiin amlaki dovlat ta~kilatina va ya digar qeyri-kommersiya ta~latina 

verilmasina va ya NFFE-nin rezidenti oldugu dovlatin va ya onun har hans1 

inzibati arazi vahidinin xazinasina ke~masini talab edir. 
5. Qabaqcadan movcud olan hesab. Qabaqcadan movcud olan hesab dedikd~, 30 iyun 

2014-cii il tarixin~ hesabat ver~n maliyy~ institutunda olan maliyy~ hesabrm bildirir. 

C. Hesab balansmm toplan:almasi va valyuta hesablama qaydalan. 

1. Fiziki saxslara maxsus olan hesablann toplan:almasi. s~xsin malik oldugu maliyya 

hesablarrmn cami balansrmn va ya d~yarinin muayyan edilmasi maqsadi ila Azarbaycan 

Respublikasrmn hesabat veran maliyya institutundan onun kompUterla~lmi~ 

sisteml~rinin m~ri nomrasi v~ ya vergi odayicisinin identi:fikasiya nomr~si kimi 

informasiya elementina istinad etm~kla maliyya hesablarrm alaqalandirm~si va hesablann 

balanslan v~ ya ~y~rinin toplamlmasma imkan yaratmas1 ~rti il~ Az~rbaycan 

Respublikasrmn hesabat ver~n maliyy~ institutu v~ ya 8laq~li Miiassis~da olan biitiin 

maliyy~ hesablarrm toplamas1 bl~b olunur. Bu 1 sayh b~ndd~ toplama il~ bagh byin 

olunan bl~bl~rin t~tbiq edilm~si maqs~dila, m~~k maliyya hesabrmn c~mi balans1 v~ 

ya d~y~ri bir m~~r~k maliyya hesabmm h~r bir sahibina aid edil~cakdir. 

2. Miiassisa hesablannm toplan:almasi. Miiassis~ya m~xsus Maliyy~ Hesablarrmn c~mi 

balans v~ ya d~y~rinin mii~yy~n edilm~si m~qs~di il~ Az~rbaycan Respublikasrmn 

hesabat ve~n maliyy~ institutundan onun kompiiterl~~dirilmi~ sisteml~rinin mii~~ri 

no~si v~ ya vergi od~yicisinin identi:fikasiya no~si kimi informasiya elementin~ 

istinad etmakl~ maliyy~ hesablarrm alaq~l~ndirmasi v~ hesablann balanslan v~ ya 

d~y~rinin toplamlmasma imkan yaratmas1 ~rti ila Az~rbaycan Respublikasrmn hesabat 

ve~n maliyy~ institutu v~ ya 8laq~li Miiassis~d~ olan biitiin maliyy~ hesablarrm n~z~r~ 

almas1 blab edilir. 

3. Miistarilarla is iizr3 menecerlara samil olunan xiisusi toplama qaydalan. Maliyy~ 

hesabrmn ytiks~k d~y~rli hesab olub-olmamasrm mii~yyan etm~k ii~iin ~~xsin malik 

oldugu maliyy~ hesablarrmn c~mi qallgi v~ ya d~y~rinin mii~yy~n edilm~si m~qs~di n~ 

eyni zamanda Az~rbaycan Respublikasrmn hesabat ve~n maliyy~ institutundan 

m~~ril~rl~ i~ ~ menecerin bildiyi v~ bilm~y~ ~sas1 oldugu eyni ~xsin birb• v~ ya 

dolaYISI il~ malik. oldugu, br~find~n idar~ edil~n v~ ya a~dan ( etibar edilmi~ ~xs 

qismin~ istisna olmaqla) maliyy~ hesablan halmda, bu ciir hesablann ham1srm 

toplamas1 bl~b edilir. 

4. Valyuta hesablama qaydas1. ABS dollanndan f~rqli valyutada ifad~ edilmi~ maliyy~ 

hesablarrmn qaligi v~ ya d~y~rinin miiayy~n edilmasi m~qs~di n~ Az~rbaycan 

Respublikasrmn hesabat ve~n maliyy~ institutu bu 1 sayh alavad~ gost~rilmi~ ABS 

dollannda olan limit m~bl~gl~rini Az~rbaycan Respublikasrmn hesabat ve~n maliyy~ 

institutunun qahgi v~ ya d~y~rini mii~yy~n etdiyi t~qvim ilind~n ~vv~lki bqvim ilinin 

sonuncu gtlniin~ d~rc edil~n spot-kursundan istifad~ etm~kl~ h~min valyutaya 

~virmalidir. 

D. Yaziii dalillar. Bu I sayh 8lav~nin m~qs~dlari bax1mmdan qabul edila bil~n yazd1 

d~lill~r •gidakdardan h~r hans1 birini ehtiva edir: 
1. Od~ni§i alan ~xsin rezidenti oldugunu iddia etdiyi olk~nin s~lahiyy~tli dovl~t orqam 

(misal u~On hokum~t. onun orqam v~ ya b~l~diyy~) br~:find~n veril~n rezident statusu 

haqqmda arayi§. 

2. Fiziki ~xs~ mOnasib~td~ s~lahiyy~tli dovl~t orqam (misal u~On hokum~t. onun orqam v~ 

ya b~l~diyy~) br~:find~n veril~n v~ ~xsin adrm gosb~n v~ bir qayda olaraq, 

identifikasiya m~qs~di u~On istifad~ olunan isbnil~n etibarh ~xsiyy~ti t~sdiq ed~n s~n~d. 

3. M~ssis~y~ mOnasib~td~ s~lahiyy~tli dovl~t orqam (misal u~On hokum~t. onun orqam v~ 

ya b~l~diyy~) br~:find~n veril~n v~ M~ssis~nin adrm, rezidenti oldugunu iddia etdiyi 

olk~d~ (v~ ya AB~ ~razisind~) olan ba§ ofisinin Onvamm v~ ya Mu~ssis~nin 

qeydiyyatdan ke~diyi v~ ya t~§kil edildiyi olk~d~ (v~ ya AB~ ~razisind~) Onvamm 

gosbr~n h~r hans1 ~smi s~n~d. 

4. QI muqavil~si (AB~ X~zin~darhq Qaydalarmda t~svir edildiyi kimi) il~ baglt IRS 

b~find~n t~sdiq edilmi§ ~irkli pullarm yuyulmasma qar§I qaydalan olan olk~d~ 

saxlamlan maliyy~ hesabma mOnasib~td~. W -8 v~ ya W -9 formalan istisna olmaqla, 

fiziki ~xsl~rin v~ ya mu~ssis~l~rin mu~yy~n edilm~si u~On olk~nin QI muqavil~sin~ 

edilmi§ ~lav~d~ istinad edil~n ist~nil~n s~n~d. 

5. lsbnil~n maliyy~ hesabatl, u~Oncu t~~:fin kredit hesabatl, iflasm elam v~ ya AB~ 

Qiym~tli Kagmar v~ Birjalar \izr~ Komissiyasmm hesabatl. 

E. Hayat YJI!m sd!ortas1 miigavilasinin fardi benefisiannm sahib oldutu maliyya hesablan 

iiciin altemativ prosedurlar. Az~rbaycan Respublikasmm hesabat ve~n maliyy~ institutu 

ol\im~ gor~ stgorta od~ni§ini alan h~yat yigtm stgorta muqavil~sinin f~rdi bene:fisiannm 

(sahibd~n ba§qa) M~yy~n olunmu§ AB~ ~xsi olmamasrm g\iman ed~ bil~r v~ benefisiarm 

m~yy~n olunmu§ AB~ ~~xsi olmasrm bil~n~d~k v~ ya bel~ hesab etm~y~ ~sas1 olanad~k 

bel~ maliyy~ hesabma AB~-m hesabat verilm~li hesabt kimi yana§maya bil~r. Az~rbaycan 

Respublikasmm hesabat ver~n maliyy~ institutunun, ozOnOn topladtgt v~ benefisiar il~ ~laq~li 

olan m~lumatda bu 8lav~nin 2-ci bolm~sinin B(l) yanmb~ndind~ qeyd edil~n AB~ ~lam~ti 

~ks olunarsa, h~yat yigtm stgortasi muqavil~sinin bene:fisiannm m~yy~n olunmu§ AB~ 

§~xsi hesab etm~sin~ ~sast vardrr. Az~rbaycan Respublikasrmn hesabat ver~n maliyy~ 

institutunun benefisiarm mu~yy~n olunmu§ AB~ §~xsi olmasma dair faktiki m~lumati olarsa 

v~ ya bel~ hesab etm~y~ ~sas1 olarsa, Az~rbaycan Respublikasmm hesabat ve~n maliyy~ 

institutu bu 8lav~nin 2-ci bolm~sinin B(3) yanmb~ndind~ qeyd edil~n prosedurlara riay~t 

etm~lidir. 

F. Uciincii saxslara etibar etma. Bu 8lav~nin l-ei bolm~sinin C b~ndin~ ~sas~n se~imin edilibedilm~m~sind~n asth olmayaraq, ~rbaycan Respublikast Az~rbaycan Respublikasmm 

hesabat ver~n maliyy~ institutuna u~Oncu ~xsl~rin h~yata ke~irdiyi muva:fiq yoxlama 

prosedurlarma AB~ X~zin~darhq Qaydalarmda n~z~rd~ tutulmu§ h~dd~ ~saslanmasma icaz~ 

ver~ bil~r. 

G. Bu Sazitin gfi.vvaya minmasina kimi acllmg yeni hesablar fi.zra altemativ prosedurlar. 
1. Tatbiq edila bilma. Az~rbaycan Respublikas1 1 iyul2014-cti il tarixin~ kimi Az~rbaycan 

Respublikasmm hesabat Vernn Maliyy~ institutundan i) Fiziki ~~xsl~rn m~xsus yeni 

hesablann Hesab Sahibl~rind~n bu 8lav~nin III bolm~sind~ mti~yy~nl~¢irilmi~ oztinti 

qiym~tl~ndirm~ s~n~dini t~qdim etm~l~rini ~l~b etm~yi, v~ ya ii) bu atav~nin v bolm~sind~ m~yy~n edilmi~ Y eni Mti~ssis~ Hesablan il~ bagb btittin lazimi yoxlama 

prosedurlanm yerin~ yetirm~yi t~l~b etm~k ti~tin huquqi s~lahiyy~tl~rinin olmamas1 

barn~ Amerika Birl~~mi~ ~tatlanna bu Sazi~in qtivv~y~ minm~sin~ kimi yaz~b bildiri~ 

ver~rs~, Az~rbaycan Respublikasmm Maliyy~ institutlan bu 8lav~d~ m~yy~nl~~dirilmi~ 

prosedurlann ~v~zin~ ~l~b olunan hallardan astb olaraq bu bolm~nin G(2) 

yanmb~ndin~ verilmi~ altemativ prosedurlan t~tbiq ed~ bil~r. Bu bolm~nin G(2) 

yanmb~ndind~ verilmi~ alternativ prosedurlar yalmz i) Az~rbaycan Respublikas1n1n t~l~b 

olunan hallardan as1h olaraq bu 8lav~nin III v~ ya V bolm~sind~ verilmi~ h~~r~fli 

yoxlama prosedurlanm yerin~ yetirm~yi Az~rbaycan Respublikasmm hesabat ver~n 

maliyy~ institutlanndan bbb etm~y~ s~lahiyy~ti oldugu v~ bu Sazi~in qtivv~y~ minm~si 

tarixin~ kimi barnsin~ AB~-a yaz~h m~lumat verilm~li tarix~ v~ ya ii) bu Sazi~in 

qtivv~y~ mindiyi tarix~ kimi, hansmm daha tez ba~ verm~sind~n as1h olaraq, a~dm1~ 

Fiziki ~~xsl~r~ m~xsus yeni hesablara v~ ya Yeni M~ssis~ Hesablanna mtinasib~td~ 

~tbiq edil~ bil~r. 1 iyu12014-cti il tarixind~ v~ ya bu tarixd~ soma 1 yanvar 2015-ci il 

tarixin~ kimi a~drm~ Y eni M~ssis~ Hesablan ti~tin bu bolm~nin H oondind~ verilmi~ 

alternativ prosedurlar btittin Y eni M~ssis~ Hesablanna v~ ya bel~ hesablann aydm 

m~yy~n olunmu~ qrupuna mtinasib~td~ ~tbiq edilirs~. G b~ndind~ verilmi~ alternativ 

prosedurlar bu ctir Y eni Mti~ssi~ Hesablanna mtinasiootd~ ~tbiq edil~ bilm~z. Btittin 

dig~r Yeni Hesablar ti~tin Az~rbaycan Respublikasmm hesabat ver~n maliyy~ institutlan 

hesabm AB~-m hesabat verilm~li hesab1 v~ ya i~irak~1 olmayan maliyy~ institutunun 

hesab1 olmas1n1 m~yy~nl~~dirm~kd~n otrti ~l~b olunan hallardan asd1 olaraq bu 

8lav~nin III v~ ya V bolm~sind~ verilmi~ h~~r~fli yoxlama prosedurlanm t~tbiq 

etm~lidirl~r. 

2. Altemativ prosedurlar. 

a) Bu Sazi~ qtivv~y~ mindiyi tarix~n soma bir il ~rzin~ Az~rbaycan Respublikasmm 

hesabat vernn maliyy~ institutlan i) bu bolm~nin G (1) yanmb~ndind~ verilmi~ Fiziki 

~xsl~rn m~xsus yeni hesablara mtinasib~td~ bu 8lav~nin III bolm~sind~ 

mti~yy~nl~~dirilmi~ oztintiqiym~tl~ndirm~ s~n~dini t~l~b etm~li v~ bu 8lav~nin III 

bolm~sind~ verilmi~ prosedurlara uygun bu ctir oztintiqiym~tl~ndirm~ s~n~dinin 

~sashhgini ~sdiql~m~li v~ ii) bu bolm~nin G (1) yanmb~ndind~ verilmi~ Y eni 

M~ssis~ Hesablanna mtinasib~td~ bu 8lav~nin V bolm~sind~ m~yy~nl~~dirilmi~ 

h~~r~fli yoxlama prosedurlanm yerin~ yetirm~li v~ bu alav~nin v bolm~sind~ t~l~b 

edildiyi kimi h~r hans1 oztinuqiym~tl~ndirm~ s~n~di daxil olmaqla, hesabla bagl1 

s~n~dl~~~ni aparmaq ti~tin z~ruri olduqda m~lumatlar t~l~b etm~lidir. 

b) Az~rbaycan Respublikas1 bu bolm~nin G (2) (a) yanmoondin~ ~sas~n. mtiva:fiq olaraq 

AB~-m hesabat verilm~li hesab1 v~ ya i~~~ olmayan maliyy~ institutunun hesab1 

kimi m~yy~n edilmi~ h~r hans1 Y eni Hesab baroo~ ~gtdak:I tarixl~r~n daha gee 

olan tarix~ i) hesabm mtivafiq olaraq AB~-m hesabat veri1mali hesab1 v~ ya i~~~ 

o1mayan maliyy~ institutunun hesab1 kimi m~yyan edildiyi tarixd~n soma g~l~n 
n6vb~ti 30 Sentyabr tarixin~ v~ ya ii) hesabm miivafiq olaraq AB~-m hesabat 

verilm~li hesab1 v~ ya i~irak~I olmayan maliyy~ institutunun hesab1 kimi m~yy~n 

edilm~sind~n sonra 90 gtiniin ba~ c;atdigJ. tarix~ kimi hesabat verm~lidir. Bu ciir Yeni 

Hesaba miinasib~td~ hesabat verilm~li m~lumatlar, ~g~r hesab onun a~IldigJ. tarix~ 

miivafiq olaraq AB~-m hesabat verilm~li hesab1 v~ ya i~ak~1 olmayan maliyy~ 

institutunun hesab1 kimi mii~yy~n edilmi§ olsa, bu Sazi~ ~sas~n verilm~li olan 

m~lumatlardrr. 

c) Bu Sazi§in qiivv~y~ mindiyi tarixd~n sonra 1 ilin ke~diyi tarix~ kimi Az~rbaycan 

Respublikasmm hesabat vernn maliyy~ institutlan bu b6lm~nin G (2) (a) 

yanmb~ndind~ verilmi§ prosedurlara uygun olaraq barnsind~ ~l~b edil~n 

()ziintlqiym~tl~ndirm~ v~ ya dig~r ~n~dl~rin toplamlmas1 miimkiin olmayan bu 

b6lm~nin G (1) yanmb~ndind~ verilmi§ h~r hans1 Yeni Hesab1 baglamaltdrr. Bundan 

~lav~, bu Sazi§in qtlvv~y~ mindiyi tarixd~n sonra 1 ilin ke~diyi tarix~ kimi 

Azarbaycan Respublikasmm hesabat ver~n maliyy~ institutlan i) bagJ.andigJ. tarix~ 

kimi Fiziki ~xsl~r~ m~xsus yeni hesablar (Yiiks~k D~y~rli Hesablar olmasmdan asll1 

olmayaraq) olmu§ bu ciir baglanrm§ hesablara miinasib~td~ bu olav~nin II b()}m~sinin 

D b~ndind~ m~yy~nl~§dirilmi§ h~rt~rnfli yoxlama prosedurlarrm v~ ya ii) bagJ.and1gJ. 

tarix~ kimi Yeni M~ssi~ Hesablan olmu§ bu ctlr baglanrm§ hesablara mtlnasib~td~ 

bu olav~nin IV b6lm~sind~ mii~yy~nl~§dirilmi§ h~~r~fli yoxlama prosedurlarrm 

yerin~ yetirm~lidirl~r. 

d) Az~rbaycan Respublikas1 bu b6lm~nin G (2) (c) yanmb~ndin~ ~sas~n, miivafiq olaraq 

AB~-m hesabat verilm~li hesab1 v~ ya i§tirak~1 olmayan maliyy~ institutunun hesab1 

kimi m~yy~n edilmi§ h~r hans1 baglanrm§ hesab barnd~ ~gJ.daki tarixl~rd~n daha 

gee olan tarix~ i) hesabm miivafiq olaraq AB~-m hesabat verilm~li hesab1 v~ ya 

i§tirak~1 olmayan maliyy~ institutunun hesab1 kimi m~yy~n edildiyi tarixd~n sonra 

g~l~n n6vb~ti 30 Sentyabr tarixin~ v~ ya ii) hesabm miivafiq olaraq AB~-m hesabat 

verilm~li hesab1 v~ ya i§tirak~1 olmayan maliyy~ institutunun hesab1 kimi m~yy~n 

edilm~sind~n sonra 90 gtiniin b~ ~atd1gJ. tarix~ kimi hesabat verm~lidir. Bu ciir 

baglanrm§ hesaba miinasib~td~ hesabat verilm~li m~lumatlar, ~g~r hesab onun 

a~IldigJ. tarix~ miivafiq olaraq AB~-m hesabat verilm~li hesab1 v~ ya i§tirak~1 

olmayan maliyy~ institutunun hesab1 kimi mii~yy~n edilmi§ olsa, bu Sazi~ asasan 

verilm~li olan malumatlardrr. 

H.1 ivu12014-cii il tarixinda va ya bu tarixdan sonra 1 yanvar 2015-ci il tarixina kimi 

&£:dm!S Yeni Miiassisa Hesablanna miinasibatda Altemativ Prosedurlar. 1 iyu12014-cii 

il tarixinda va ya bu tarixd~n sonra 1 yanvar 2015-ci il tarixina kimi a~Ilmi§ Yeni M~ssisa 

Hesablan ii~iin, biitiin Yeni M~ssis~ Hesablarma va ya aynhqda, bu ctlr hesablarm aydm 

m~yyan olunmu§ har hans1 qrupuna miinasib~tda Azarbaycan Respublikasmm hesabat 

vernn maliyya institutlan ~rafindan bu ciir hesablarm Qabaqcadan m6vcud olan m~ssisa 

hesablan kimi qiymatlandirilmasin~ va bu elavanin v b6lmasinda m~yyanla§dirilmi§ 

hart~rafli yoxlama prosedurlannm avazin~ bu olavanin IV b()}masinda miiayyanla§dirilmi§ 

Qabaqcadan m6vcud olan miiassisa hesablan ila bagl1 hart~rafli yoxlama prosedurlannm 

yerina yetirilmasina Azarbaycan Respublikast icaza vera bilar. Bu halda, bu olavanin IV 

b6lmasinin ha~rnfli yoxlama prosedurlan bu olavanin IV b6lm~sinin A bandinda 
miiayy~nl~¢irilmi~ hesabm balans v~ ya d~y~r limitind~n asth olmayaraq yerin~ 

yetirilm~lidir. 
2 Sayhalava 

~g1dala Mlbssis~l~r imtiyazh benefisiar yaxud ~m~l ed~n hesab olunan xarici maliyy~ institutlan 

hesab olunmaltdrr v~ ~agtdalo hesablar maliyy~ hesab1 anlay1~ma daxil edilmir. 

Bu 2 sayb 81av~ ~rbaycan Respublikasmm v~ Birl~~mi~ ~tatlann s~lahiyy~tli orqanlanmn 

q~thqh yazth q~rarlan ~sasmda (1) AB~ ~~xsl~ri &lrnfind~n AB~ vergisind~n yaymma ii~Un. 

istifad~ olunmas1 riski az olan v~ Sazi~in imzalandlgt tarixd~ bu 81av~d~ qeyd olunan mii~ssis~ v~ 

hesablarla ox~ar ~lam~~rn malik olan ~lav~ hiiquqi ~xl~r v~ hesablar daxil edilm~kl~; yaxud (2) 

V ~ziyy~tin ~yi~~si s~b~bind~n AB~ ~xsl~ri &lrnfind~n AB~ vergisind~n yaymma ii~Un. istifad~ 

olunmas1 riski olmayan mii~ssis~ v~ hesablan ~1xarmaqla d~yi~diril~ bil~r. B~qa hal n~z~rd~ 

tutulmamt~drrsa. h~r hans1 bu ciir ~lav~ yaxud ~1xanlma bu ciir qar~tbqh q~rann imzalandtgi 

tarixd~n qiivv~y~ minir. Bu ciir qar~Iltqh q~rarlann verilm~si proseduru Sazi~in 3-cii madd~sinin 6-

Cl paraqrafi.nda gost~rilmi~ q~thqb miiqavil~ v~ ya raztl~maya daxil edil~ bil~r. 

I. Fondlardan byga digar imtivazh benefisiarlar. A~agtdala mlbssis~l~r, xiisusi stgorta 

&l~kilatJ., Depozitar, yaxud bank f~aliyy~tini h~yata ke~ir~n &l~kilat t~rnfind~n kommersiya 

xarakterli f~iyy~tl~ ~laq~ yaranan ohd~likl~rl~ bagh edil~n Od~ni~l~r istisna olmaqla, AB~­

m Daxili ~lirl~r M~~u~sinin 1471 v~ 1472-ci madd~l~rinin m~qsOOI~ri baxrmmdan 

~rbaycan Respublikastmn hesabat verm~li olmayan maliyy~ institutu v~ imtiyazh 

benefisiarlan hesab olunacaqdlr. 

A. Diivlat gurumu. ~rbaycan Respublikas1 hokum~ti, ~rbaycan Respublikastmn h~r hans1 

siyasi alt-qurumu (hans1 ki, ~iibh~y~ yer venn~m~k m~q~dil~, dovl~t, ~yal~t v~ ya 

~l~diyy~ni ~ha&l edir), yaxud ~rbaycan Respublikastmn dovl~t miilkiyy~tind~ olan 

qurumu v~ ya vasi&l~isi, yaxud yuxanda qeyd olunanlardan biri yaxud bir ne~si (h~r biri 

"~rbaycan Respublikasmm dovl~t qurumu"). Bu kateqoriyaya ~rbaycan 

Respublikasmm t~rkib hiss~l~ri, i~ olunan qurumlar v~ siyasi alt qurumlar daxildir. 

1. ~rbaycan Respublikasimn &lrkib hiss~si dedikd~, ~rbaycan Respublikastmn 

s~lahiyy~tli ~~xsi sayllan h~r hans1 fiziki ~~xs, t~~kilat, agentlik, biiro, fond, vasi&l~i v~ 

dig~r qurum n~~rd~ tutulur. S~lahiyy~tli ~xsin xalis g~lirl~ri onun oz hesabma yaxud 

~rbaycan Respublikasimn dig~r hesabma ko~iiriilm~li, v~ onun he~ bir hiss~si h~r 

hans1 xiisusi-hiiquqi ~~xsin xeyrin~ (hesabma) ko~iiriilm~m~lidir. T~rkib hiss~y~ xiisusihiiquqi ~~xs yaxud f~rd qismind~ ~~XI~ ed~n suveren, rnsmi v~ yaxud inzibat~1 ~~xs olan 

h~r hans1 fiziki ~~xs daxil deyil. 

2. idarn olunan qurum dedikd~, fonnaca ~rbaycan Respublikasmdan ayn olan v~ ya ayn 

hiiquqi ~~xs qismind~ ~~XI~ ed~n qurum n~z~rd~ tutulur, o ~~rtl~ ki: 

a) Qurum birb~a yaxud bir v~ ya bir ne~~ i~ olunan qurum vasit~sil~ Az~rbaycan 

Respublikas1run bir v~ ya bir ne~ dovl~t qurumuna m~xsusdur v~ onlar t~r~find~n 

i~ olunur; 

b) Qurumun xalis g~lirl~ri oz hesabma yaxud ~rbaycan Respublikasimn bir va ya bir 

ne~a dovlat qurumunun hesabma ko~iiriiliir va he~ bir hiss~si har hans1 xiisusi-huquqi 

~xs xeyrina (hesabma) ko~iiriilmiir; v~ 
c) Qurumun l~gvi zamam onun aktivl~ri ~rbaycan Respublikaslilln bir v~ ya bir ne~~ 

dovl~t qurumunun balansma ke~ir. 

3. ag~r xilsusi-htiquqi ~~xsl~r hokum~t proqr8IIllmn n~~rd~ tutulan benefisiarlandrrsa v~ 

proqram f~aliyy~ti timumi rifah m~qs~l~ ictimaiyy~t ti~~ ke~iril~ yaxud hokum~tin 

m~yy~n fazaslilln i~ olunmas1 il~ baghdrrsa, onda g~lir bu ~~xsin xeyrin~ i~l~mir. 

Yuxanda qeyd olunanlara baxmayaraq, ~g~r g~lir xilsusi-htiquqi ~~xsl~rn maliyy~ 

xidm~ti gosbrm~kl~ (m~s~l~n, kommersiya bank~Ihg1) kommersiya f~aliyy~tini h~yata 

ke~irm~k ti~tin dovl~t qurumundan istifad~ etm~kl~ ~ld~ olunursa, onda bu g~lir xtisusihtiquqi ~~xsin xeyrin~ i~l~yir. 

B. Bevnalxalg taskilat. H~r hans1 beyn~lxalq t~~kilat yaxud onun sahibi oldugu agentlik yaxud 

vasib~i. Bu kateqoriyaya (1) b~hca olaraq AB~ hokum~tind~n b~qa hokum~tl~rd~n ibarnt 

olan; (2) ~rbaycan Respublikast il~ b~ q~rargah barnsind~ qtivvoo~ olan sazi~i olan; v~ 

(3) g~liri xilsusi-htiquqi ~xsin xeyrin~ i~l~m~y~n h~r hanst hokum~tl~raras1 b~lat (o 

ctiml~d~n, alt qurum s~viyy~sind~ f~aliyy~t gosbr~n beyn~lxalq b~kilatlar) daxildir. 

C. Markazi Bank. Valyuta ~klind~ dovr etm~si m~qs~dil~ vasibl~r buraxan ~rbaycan 

Respublikastmn oziind~n b~qa qanunvericilikl~ yaxud hokum~t sanksiyas1 il~ ~sas orqan 

olan institut. Bu instituta ~rbaycan Respublikastmn hokum~tind~n ayn olan vasit~~i orqan 

(~rbaycan Respublikasmm tam yaxud qism~n sahib olmasmdan asll1 olmayaraq) da daxil 

ola bil~r. 

II. lmtivazb Benefisiarlar hesab olunan fondlar. A§agtdakl htiquqi ~~xsl~r AB~-m Daxili 

G,;,lirl~r M~~n~sinin 14 71 v~ 14 72-ci madd~l~rinin m~qs~dl~ri baxtmmdan ~rbaycan 

Respublikas1mn hesabat verm~li olmayan maliyy~ institutu v~ imtiyazh benefisiarlan hesab 

olunur. 

A. Genis tarkibli taoaiid fondu. Gosbrilmi~ xidm~tl~r mtiqabilind~ bir v~ ya bir ne~ i~~ 

go'tlirnnin hazrrlo. v~ ya ke~mi~ i~~il~ri (yaxud onlann mti~yy~n etdiyi ~~xsl~rn) olan 

benefisiarlara bqatid, ~lillik yaxud OIO.m mtiavin~tl~ri (yaxud onlann birlikd~ formas1m) 

vernn ~rbaycan Respublikasmda bsis olunm~ fond, o ~~rtl~ ki: 

I. Fondun aktivl~rinin 5 faizind~n ~oxuna malik olan bk benefisiar yoxdur; 

2. Fond qanunvericilikl~ t~nziml~nir v~ ~rbaycan Respublikastmn vergi orqanlanna oz 

benefisiarlan baroo~ illik hesabat verir; v~ 

3. ~gtdakl bl~bl~rd~n ~n azt birin~ cavab verir: 

a) Oziintin bqatid v~ ya pensiya plam statusuna gorn ~rbaycan Respublikastmn 

qanunvericiliyin~ ~sas~n investisiya g~lirl~ri tizr~ timumilikd~ vergid~n azaddrr; 

b) Fond c~mi Od~ni~l~rin ~n azt 50 faizini sponsor i~~ gottirnnl~rd~n alrr (bu bolm~nin 

A-C paraqraflannda gost~ril~n dig~r planlanndan v~ ya bu 2 sayh 8lav~nin 5-ci 

bolm~sinin A( I) alt paraqrafinda gosbril~n t~qatid yaxud pensiya hesablarmdan 

ko~Oiill~n aktivl~rd~n b~qa); 
c) Fonddan pullann kofYiiriilm~si yaxud tutulmas1 yalmz bqaiid, ~lillik v~ ya oliim 

hadis~l~rinin b~ verm~si il~ miimkiindOr (bu bolm~nin A-C paraqraflannda 

gost~ril~n dig~r planlanna v~ ya bu 2 sayh 8lav~nin 5-ci bOlm~sinin A(1) alt 

paraqrafmda gosbril~n bqaiid yaxud pensiya hesablanna revolver (b~rpa olunan) 

kof;firm~l~r istisna olmaqla), yaxud bel~ hadis~l~rd~n ~vv~l h~yata kef;iril~n 

kofYOrm~y~ yaxud tutulmaya go~ ~rim~l~r btbiq olunur; yaxud 

d) t~f;il~rin fonda etdikl~ri od~ni~l~rin m~bl~gi. (ic~ verilmi~ make-up od~ni~l~rd~n 

b~qa) i~f;inin qazand1g1 g~lird~n yaxud hesabm toplanmas1 v~ valyutanm f;evrilm~si 

~ 1 sayb 8lav~d~ qeyd olunm~ qaydalar btbiq edilm~kl~. illik olaraq 50 000 

dollardan fYOX ola bilm~z. 

B. Mahdud tarkibli taoaiid fondu. Gosbrilmi~ xidm~tl~r miiqabilind~ bir v~ ya bir nefY~ i~~ 

go~nin hazrrkl v~ ya kefYIDi~ i~f;il~ri (yaxud onlann mii~yy~n etdiyi ~xsl~~) olan 

benefisiarlara bqaiid, ~lillik yaxud oliim miiavin~tl~ri ve~n Az~rbaycan Respublikasmda 

bsis olunm~ fond, o ~~rtl~ ki: 

1. Fondun i~tirakf;Ilannm say1 50-d~n azdrr; 

2. Fonda investisiya b~latl yaxud passiv maliyy~ institutu olmayan hiiquqi ~~xs (bundan 

soma ''NFFE") olmayan bir v~ ya bir nefY~ i~~ go~n sponsorluq edir; 

3. 1~f;inin v~ i~ go~nin fonda etdiyi od~ni~l~rin h~cmi (2 sayh 8lav~nin 5-ci bolm~sinin 

A(1) alt paraqrafinda gosbril~n bqaiid yaxud pensiya hesablanndan aktivl~rin 

kofYOriilm~sind~n b~qa) miivafiq olaraq i~f;inin qazand1g1 g~lir v~ kompensasiyadan artlq 

ola bilm~z; 

4. ~rbaycan Respublikas1mn rezidenti olmayan i~f;llar fondun aktivl~rinin 20 

faizind~n artlq paya sahib olmaq hiiququna malik deyil; v~ 

5. Fond qanunvericilikl~ t~nziml~nir v~ ~rbaycan Respublikas1mn vergi orqanlanna oz 

benefisiarlan bar~d~ illik hesabat verir. 

C. imtivazh benefisiann pensiva fondu. Gosbrilmi~ xidm~tl~r miiqabilind~ bir v~ ya bir nefY~ 

i~ gotOr~nin hazrrkl v~ ya kef;mi~ i~f;il~ri (yaxud onlann mii~yy~n etdiyi ~~xsl~~) olan 

benefisiarlara yaxud i~tirakf;llara t~qaiid, ~lillik yaxud oliim miiavin~tl~ri v~n imtiyazh 

benefisiar b~find~n ~rbaycan Respublikasmda bsis edilmi~ fond. Bu ciir benefisiarlara 

veril~n miiavin~tl~r imtiyazh benefisiara t~qdim olunan o~l xidm~tl~r miiqabilind~ 

verilm~lidir. 

D. imtiyazb benefisiann tam miilkiyyatinda olan investisiva taskilatJ. Sad~c~ investisiya 

b~kilatl olduguna go~ ~rbaycan Respublikasrmn maliyy~ institutu hesab olunan hiiquqi 

~xs, o ~rtl~ ki, bu hiiquqi ~~xsin kapitalmda olan h~r bir bir~a pay sahibi imtiyazh 

benefisiardrr v~ ohd~liyind~ olan h~r bir birb~a pay sahibi ya (bu b~lata verdiyi kredit~ 

miinasi~td~) bank f~aliyy~ti h~yata kef;ir~n b~kilat yaxud imtiyazh benefisiardrr. 

Ill. amal edan hesab olunan xarici maliyya institutlan kimi givmatlandirilan kicik va ya 

mahdud ahatali maliyva institutlan. ~agidakl maliyy~ institutlan AB~-m Daxili ~lirl~r 

M~~n~sinin 1471 -ci madd~l~rinin m~qs~dl~ri iif;iin ~m~l ed~n hesab olunan maliyy~ institutu 
kimi qiym~tl~ndiril~cak ~rbaycan Respublikastrun hesabat verm~li olmayan maliyy~ 

institutlandrr. 

A. Y erli miistari bazas1 olan maliyya institutu. A~agtdakt bl~bl~rn cavab vernn maliyy~ 

institutu: 

1. Maliyy~ institutu ~rbaycan Respublikastrun qanunvericiliyi 1i.zrn maliyy~ institutu 

kimi lisenziy~dmlmalt v~ bnziml~nm~lidir; 

2. Maliyy~ institutu ~rbaycan Respublikasmdan k~narda sabit f~aliyy~t yerin~ malik 

olmamaltdrr. Bu m~qs~dl~ sabit f~aliyy~t yeri ictimaiyy~t~ elan edilm~y~n v~ Maliyy~ 

institutunun yalmz inzibati d~sbk funksiyalanm yerin~ yetirdiyi yeri ehtiva etmir; 

3. Maliyy~ institutu ~rbaycan Respublikasmdan k~narda m~bril~rn yaxud hesab 

sahibl~rin~ oz xidm~tl~rini t~klif etm~m~lidir. Bu m~qs~dl~, maliyy~ institutu sad~ca (a) 

internet ~hif~sind~ konkret ~~kild~ onun qeyri-rezidentl~rn maliyy~ hesablan v~ ya 

xidm~tl~ri bklif etdiyini bildirm~m~si v~ bunun xaricind~ AB~ m~bri v~ ya hesab 

sahibl~rini h~d~f gotlirm~m~si yaxud bkidl~ onlan calb etm~m~si ~rti il~ internet sayta 

malik olduguna, v~ ya (b) b~hca olaraq Az~rbaycan Respublikas1 ~razisind~, h~myinin 

bsaduf~n dig~r olk~l~rin ~razisind~ d~ yaytmlanan m~tbuatda, radio v~ televiziya 

kanallarmda qeyri-rezidentl~rn maliyy~ hesablan v~ ya xidm~tl~ri bklif etdiyini 

bildirm~m~si v~ bunun xaricind~ AB~ mtl~ri v~ ya hesab sahibl~rini h~d~f 

gotlirm~m~si yaxud bkidl~ onlan calb etm~m~si ~~rti il~ reklam verdiyin~ gorn 

~rbaycan Respublikasmdan k~narda olan m~bril~r~ yaxud hesab sahibl~rin~ 

xidm~tl~r bklif ed~n institut hesab edilm~m~lidir; 

4. ~rbaycan Respublikasmm qanunvericiliyin~ ~sas~n maliyy~ institutlan rezidentl~rn 

m~xsus maliyy~ hesablanna mtlnasiootd~ hesabat almaq v~ ya od~m~ m~nb~yind~ vergi 

tutmaq yaxud ~rbaycan Respublikastrun AML yoxlama t~l~bl~ri m~qs~di il~ rezident 

hesab sahibl~rini mooyy~n etm~lidir; 

5. Maliyy~ institutu brnfind~n saxlamlan maliyy~ hesablannm d~y~r baxtmmdan ~n az1 

98%-i ~rbaycan Respublikastrun rezidentl~ri (rezident huquqi ~xsl~r daxil olmaqla) 

brnfind~n saxlamlmaltdrr; 

6. 1 iyul2014-ctl il tarixind~n v~ ya ondan ~vv~l b~layaraq, 1 sayh elav~ gosbril~nl~rn 

uygun olaraq, maliyy~ institutunun i~tirakyl olmayan maliyy~ institutuna maliyy~ 

hesablartn1 verm~sinin q~tstru almaq v~ ~rbaycan Respublikastrun rezidenti olmayan 

h~r hans1 mtl~yy~n olunmu~ AB~ ~~xsi tlytln (maliyy~ hesabt aydan zaman ~rbaycan 

Respublikastrun rezidenti olm~, lakin sonradan ~rbaycan Respublikastrun 

rezidentliyind~n yixan AB~ §~xsl~ri daxil olmaqla) v~ ya n~~t ed~n ~xsl~ri 

~rbaycan Respublikastnm rezidentl~ri olmayan AB~ rezidentl~ri v~ ya AB~ 

v~bnd~lan olan passiv NFFE-nin monitorinqini h~yata keyirm~k tlytln qayda v~ 

prosedurlan olmaltdrr; 

7. Bu ctlr qayda v~ prosedurlar, h~r hans1 maliyy~ hesabtrun ~rbaycan Respublikasmm 

rezidenti olmayan mtl~yy~n olunm~ AB~ ~xsi brnfind~n v~ ya ~rbaycan 

Respublikasmm rezidenti olmayan AB~ rezidentl~ri v~ ya AB~ v~bnda§lart olan n~zarnt 

ed~n §~xsl~ri olan passiv NFFE brnfind~n saxlamldtgt mtl~yy~n edil~~. maliyy~ 
lnstitutu Az~rbaycan Respublikasmm hesabat ve~n maliyy~ institutu oldugu halda t~l~b 

edildiyi kimi (IRS-in F ATCA qeydiyyatJ. Ozr~ internet s~hif~sind~ t~tbiq olunan 

qeydiyyat t~l~bl~ri daxil olmaqla) bel~ maliyy~ hesablan bar~d~ hesabat verm~li v~ ya 

bel~ maliyy~ hesabtm baglamaltdrr; 

8. ~rbaycan Respublikastmn rezidenti olmayan fiziki ~~xs v~ ya mu~ssis~y~ m~xsus 

~vv~lc00~n movcud olan hesabla bagl1 Maliyy~ institutu AB~-m h~r hanst hesabat 

verilm~li hesabma v~ ya i~tirak~1 olmayan maliyy~ institutuna m~xsus maliyy~ hesabtm 

m~yy~n etm~k u~iin 1 sayh alav~ il~ m~yy~n edil~n v~ ~vv~lc~~n movcud olan 

hesablara ~tbiq olunan prosedurlara uygun olaraq ~vv~l~d~n movcud olan hesablan 

yoxlamal1 v~ maliyy~ institutu ~rbaycan Respublikasrmn hesabat v~n maliyy~ 

institutu oldugu ~qdird~ t~l~b edildiyi kimi (IRS-in F ATCA qeydiyyatJ. ~ internet 

s~hif~sind~ ~tbiq olunan qeydiyyat t~l~bl~ri daxil olmaq1a) bel~ maliyy~ hesablan 

b~~ hesabat verm~li v~ ya bel~ maliyy~ hesab1m baglamaltdrr; 

9. Maliyy~ institutunun maliyy~ institutu olan h~r bir ~laq~li m~ssis~si ~rbaycan 

Respublikasmda ~sis edilm~li v~ bu 2 sayh 8lav~nin 2-ci bolm~sinin A-C ~ndl~rind~ 

qeyd olunan ~qaud fondu olan i~nil~n ~laq~li m~ssis~ istisna olmaqla A b~ndind~ ir~li 

siirill~n ~l~bl~ri od~m~lidir; v~ 

10. Maliyy~ institutunun siy~t v~ i~gilzar ad~tl~ri mu~yy~n olunm~ AB~ ~xsl~ri v~ 

~rbaycan Respublikastmn rezidentl~ri olan ~~xsl~r u~iin maliyy~ hesablanmn a~Ilmas1 

v~ ya saxlamlmasmda ayn-se~kilik yaratmamaltdrr. 

B. Yerli Bank. ~agtdakt ~l~bl~r~ cavab v~n Maliyy~ lnstitutu: 

1. Maliyy~ institutu sad~c~ g~lir ~ld~ etm~y~n (a) bank v~ ya (b) kredit birliyi v~ ya ox~ar 

kooperativ kredit ~~latJ. kimi f~aliyy~t go~rir (v~ ~rbaycan Respublikastmn 

qanunlan ~r~iv~sind~ lisenziyal~dmhr v~ ~nziml~nir); 

2. Maliyy~ institutunun f~aliyy~tin~ bank u~iin ~sas~n k~nar ~rak~nd~ m~~ril~rd~n 

depozitl~rin ~lb olunmas1 v~ onlara kreditl~rin verilm~si, kredit birliyi v~ ya ox~ 

kooperativ kredit t~~kilatl u~iin is~ bu ciir kredit birliyi v~ ya kooperativ kredit 

~~kilatlnda be~ faizd~n artlq paya malik olmamas1 ~~rti il~ iizvl~~ kreditl~rin verilm~si 

daxildir; 

3. Bu oolm~nin A(3) yanm~ndind~ internet s~hif~si il~ bagh qeyd olunan m~hdudiyy~tl~r~ 

~lav~ olaraq, internet s~hif~si vasi~si il~ h~r hans1 maliyy~ hesabrmn a~tlmastna yol 

verilm~m~si ~~rti il~ Maliyy~ lnstitutu bu bolm~nin A(2) v~ A(3) yanm~ndl~rind~ qeyd 

edil~n ~l~bl~~ cavab verir; 

4. Maliyy~ institutunun balans hesabatlnda c~mi aktivl~rinin h~cmi 175 milyon AB~ dollan 

m~bl~gind~n yuxan deyil v~ maliyy~ institutu v~ onun i~nil~n ~laq~li m~ssis~sinin 

konsolidasiya edilmi~ balans hesabatlannda c~mi aktivl~rinin h~cmi 500 milyon AB~ 

dollan m~bl~gind~n yuxan deyil; v~ 

5. i~nil~n ~laq~li mtl~ssis~ ~rbaycan Respublikasmda ~sis yaxud t~~kil edilm~li v~ bu 

8lav~nin 2-ci bolm~sinin A-C ~ndl~rind~ go~ril~n ~qaud fondu olan ~laq~li mu~ssis~ 

v~ ya bu bolm~nin C b~ndind~ gos~ril~n yalmz ~agt d~y~r hesabh maliyy~ hesablan 
istisna olmaqla, maliyy~ institutu olan istanil~n ~laq~li mii~ssis~ B ~ndind~ mii~yy~n 

edil~n tal~bl~ri yerin~ yetirm~lidir. 

C. YalnJZ gaib dayarli hesablara malik maliyya institutlan. A~a8Idala tal~bl~~ cavab ver~n 

~rbaycan Respublikasmm maliyy~ institutu: 

1. Maliyy~ institutu investisiya ta~kilati deyil; 

2. Maliyy~ institutu, yaxud onun 81aq~li Mii~ssis~si ta~find~n apanlan he~ bir maliyy~ 

hesabmm qalt8I v~ ya d~y~ri 1 sayh alav~d~ hesabm toplanmasi v~ valyutanin 

~evrilm~si il~ bagl1 m~yy~n olunan qaydalar n~~~ almmaqla 50 000 AB~ dollarmdan 

yuxart deyil; v~ 

3. Maliyy~ institutunun balans hesabatlnda c~mi aktivl~rinin h~cmi 50 milyon AB~ dollan 

m~bl~gind~n yuxan deyil v~ maliyy~ institutu v~ onun istanil~n 8laq~li Mii~ssis~sinin 

konsolidasiya edilmi~ balans hesabatlarmda c~mi aktivl~rinin h~cmi 50 milyon AB~ 

dollan m~bl~gind~n yuxart deyil. 

D. ixtisash Kredit Kart Emitenti. ~agtdala t~l~bl~~ cavab ve~n .Azarbaycan 

Respublikasmm maliyy~ institutu: 

1. Maliyy~ institutu yalmz m~ri kartla bagl1 od~ni~ tarixin~ Od~nilm~li olan m~bl~gd~n 

artiq Od~ni~ etdiyi halda v~ bu artiq od~ni~ d~rhal mii~riy~ qaytartlmadtgt taqdird~ 

depozitl~ri q~bul ~n kredit kartlart emitenti olduguna go~ maliyy~ institutudur; v~ 

2. 1 iyul 20 14-cii il tarixind~ v~ ya ondan one~ b~layaraq, maliyy~ institutu, 1 sayh 

alav~ hesabm toplanmasi v~ valyutamn ~evrilm~si il~ bagJ.I mooyy~n olunan qaydalar 

n~~~ almmaqla, 50 000 AB~ dollart m~bl~gind~n yuxart depozitin yerl~~dirilm~sinin 

qar~tstm almaq, yaxud h~cmi 50 000 AB~ dollartndan yuxart olan depozit m~bl~ginin 60 

giin ~rzind~ mii~tariy~ qaytartlmastm t~min etm~k ii~iin qayda v~ prosedurlar t~tbiq edir. 

Bu m~q~dl~, mii~ri depozitin~ miibahis~li haqlar h~cmind~ kredit balanst aid deyil, 

lakin mallarm qaytartlmas1 n~ti~sind~ yaranan kredit balans1 aiddir. 

IV. amal edan hesab edilan xarici maliyya institutlan kimi dayarlandirilan investisiya 

taskilatlan va digar xiisusi qaydalar. Bu bolm~nin A-E ~ndl~rind~ qeyd edil~n maliyy~ 

institutlart AB~ Daxili ~lirl~r M~c~ll~sinin 1471-ci bolm~sinin m~qs~~ri ii~iin ~m~l ed~n 

hesab edil~n xarici maliyy~ institutlart kimi qiym~tl~ndirilir. Bununla y~1, bu bOlm~nin F 

oondind~ investisiya t~~kilatina btbiq edil~n xiisusi qaydalar mu~yy~n olunur. 

A. Statusu qayyum tarafindan tasdiq olunan trast. Q~yyumu AB~-m hesabat vernn maliyy~ 

institutu, Model I ~ hesabat ver~n xarici maliyy~ institutu v~ ya i~~~ xarici maliyy~ 

institutu olan v~ trastm AB~-m hesabat verilm~li hesablara miinasi~td~ tal~b olunan 

m~lumatlart bu Sazi~in miivafiq miidd~alartna ~sas~n ver~n ~rbaycan Respublikas1 

qanunvericiliyin~ ~sas~n yaradtlrm~ trast. 

B. Malivvalasdirilan investisiva taskilati va nazarat edilan xarici sirkat. Bu bolm~nin B(3) 

yartmb~ndinin tal~bl~rin~ cavab ver~n maliyy~l~~~n b~kilat olan v~ B(l) v~ ya B(2) 

yartmb~ndl~rind~ qeyd edil~n maliyy~ institutudur. 
1. Maliyy~ institutu maliyy~l~~diril~n investisiya b~kilatidrr, ~g~r (a) bu Az~rbaycan 

Respublikasmda yaradllrm~ AB~ X~zin~darhq idarnsinin milvafiq normativ aktlanna 

uygun olaraq muvafiq b~ndl~ri il~ ~laq~li ixtisasl~dmlrm~ vasib~i olmayan, od~m~ 

m~n~yind~ xarici partnyor olan v~ ya od~m~ m~n~yind~ xarici trast olan investisiya 

b~kilandrr, (b) maliyy~ institutunu maliyy~l~~dirnn t~~kilat kimi f~aliyy~t gost~rnc~k 

maliyy~ institutu il~ razll~dmlrm~ b~kilatdrr. 

2. Maliyy~ institutu maliyy~l~~dirnn b~kilat br~find~n n~zarnt olunan xarici ~irk~tdir, ~g~r 

(a) Maliyy~ institutu AB~ X~zin~arhq Departamentinin qaydalanna muvafiq olaraq 

ixtisasl~dmlrm~ vasit~~i, vergi agenti funksiyas1m yerin~ yetirnn xarici ortaqhq v~ ya 

vergi agenti funksiyas1m yerin~ yetirnn trast olmayan, ~rbaycan Respublikas1 

qanunlan ~r~iv~sind~ yaradllan n~zarnt edil~n xarici ~irk~tdir~ (b) maliyy~ institutu 

onun u~nn maliyy~l~~dirnn b~lat kimi f~aliyy~t gosbr~c~k maliyy~ institutunun 

filialrm bl~b ed~n v~ ya tam mnlkiyy~tind~ olmaqla birb~a v~ ya bilavasit~ f~aliyy~t 

gosbrm~y~ raz~hq vernn AB~-m hesabat ver~n maliyy~ institutu olarsa; v~ (c) maliyy~ 

institutu maliyy~l~~dir~n b~kilat il~ iimumi elektron hesab sistemini payl~rr, ona gorn 

ki, sonuncu maliyy~l~~dirnn b~kilata butiln hesab sahibl~rini v~ maliyy~ institutu 

brnfind~n od~ni~ edil~nl~ri v~ m~rinin identifikasiya nomrnsi, m~ri s~n~dl~~m~si, 

hesabm qal1gt v~ hesab sahibin~ v~ ya Od~ni~ alana edil~n bntnn Od~ni~l~r daxil olmaqla, 

lakin bunlarla m~hdudl~mayan maliyy~ institutlan brnfind~n saxlamlan butnn hesab v~ 

m~bri m~lumatlanna ~IXI~l bmin edir. 

3. Maliyy~l~~dirnn b~kilat ~ag1daki bl~bl~rn cavab verir: 

a) Maliyy~l~~dir~n b~kilat maliyy~ institutunun (fond meneceri, niimay~nd~. 

korporativ direktor v~ ya idar~etm~ partnyoru kimi) adlndan IRS F ATCA 

qeydiyyat internet ~hif~sind~ btbiq edil~n qeydiyyat bl~bl~rini yerin~ yetirm~k 

u~nn f~aliyy~t gost~rm~k s~lahiyy~tin~ malikdir; 

b) Maliyy~l~~dir~n b~kilat IRS F ATCA qeydiyyat internet s~hif~sind~ IRS-d~ 

maliyy~l~~dir~n t~~kilat kimi qeydiyyat ke~mi~dir; 

c) Maliyy~l~~dir~n b~kilat maliyy~ institutu il~ bagh AB~-m h~r hans1 hesabat 

verilm~li hesab1m mu~yy~n edirs~, sponsor t~~lati maliyy~ institutunu IRS 

F ATCA qeydiyyat internet ~hif~sind~ t~tbiq olunan qeydiyyat bl~bl~rin~ uygun 

olaraq 31 dekabr 2015-ci il tarixind~ v~ ya ~n geci bu tarixd~n ~vv~l v~ AB~-m 

bel~ hesabat verilm~li hesab1mn ilk mu~yy~n edildiyi tarixd~n 90 giln sonra 

qeydiyyatdan ke~irir; 

''N~zarnt olunan xarici ~irk~t" dedikd~, s~sverm~ huququ vernn butnn nov 

s~hml~rin c~mi ~sverm~ hilququnun v~ ya h~min ~irk~tin s~hml~rinin iimumi 

d~y~rinin 50 faizind~n ~oxu bu xarici ~irk~tin vergi m~suliyy~ti ~Idlg1 il 

~rzind~ki h~r hans1 bir gilnd~ "Birl~~mi~ ~tatlann s~hmdarlan"mn sahib oldugu ya 

da sahib olduqlan n~~rd~ tutulan h~r hans1 xarici ~irk~t n~~rd~ tutulur. H~r hans1 

xarici ~irk~t~ mtlnasi~td~, "Birl~~mi~ ~tatlann s~hmdan" dedikd~, bel~ xarici 

~irk~tin s~sverma huququ olan butnn nov s~hmlarinin toplam birg~ ~sverma 

salahiyy~tinin 1 0 faizin~ sahib olan ya da sahib oldugu na~rd~ tutulan Birl~~mi~ 

~tatlar ~axsi na~rd~ tutulur. 
d) Maliyy~l~§dir~n m§kilat, ~g~r maliyy~ institutu ~rbaycan Respublikasmm 

hesabat ver~n maliyy~ institutu olsa idi, onun admdan icra edilm~li olan butiin 

z:;)ruri yoxlama, vergitutma, hesabat verm~ v~ dig~r ohd~likl~rini yerin~ yetirmaya 

razJ.la§Ir; 

e) Maliyyala§diran m§kilat maliyy~ institutunu muayyan edir va maliyya institutunun 

admdan tamamlannn§ butiin hesabatlarda maliyy~ institutunun identifikasiya 

nomrnsini (IRS F ATCA qeydiyyat internet s~hifasinda olan mtbiq olunan qeydiyyat 

mlabl~ri asasmda ~ld~ edilan) daxil edir; 

f) Maliyy~l~§dir~n m§kilat l~gv edilmi§ sponsor statusuna malik deyildir. 

C. Maliyyal"'dirilan, qapah tipli investisiya alati. ~rbaycan Respublikas1mn a§agidaki 

mlablara cavab veran maliyya institutu: 

1. Maliyya institutu yalmz investisiya t~§kilati olduguna gora maliyya institutudur va 

AB~ X~zin~darbq Departamentinin muvafiq qaydalarma ~sasan ixtisasla§dmlrm§ 

vasim~i, vergi agenti funksiyas1m yerin~ yetiran xarici ortaqbq va ya vergi agenti 

funksiyas1m yerin~ yetiran xarici trast deyildir; 

2. Maliyyala§dir~n m§kilat AB~-m hesabat veran maliyya institutu, Model 1 fizra hesabat 

veran xarici maliyya institutu v~ ya i§tirak~I xarici maliyya institutudur, maliyy~ 

institutunun admdan faaliyyat gosmrm~k {pe§akar menecer, nfimayanda va ya idara 

edan partnyor kimi) salahiyyatin~ malikdir va maliyy~ institutu ~rbayean 

Respublikas1mn hesabat veran maliyy~ institutu olsa idi, onun admdan iera edilm~li 

olan burun z:;)ruri yoxlama, vergitutma, hesabat verma va digar ohd~liklarini yerina 

yetirmaya razJ.la§Ir; 

3. Maliyya institutu ~laqali olmayan taraflar u~fin investisiya alati kimi ~IXI§ etmir; 

4. iyirmi va ya daha az fiziki ~xs maliyy~ institutunda bore ohdalikl~rindaki va 

nizamnam~ kapitalmdaki butUn pay}ara malikdir (bore ohd~}iklarinda i§tirak~I xarici 

maliyya institutu v~ amal edilan hesab edil~n xariei maliyy~ institutlanna maxsus olan 

pay va ag~r muassis~ maliyya institutunun nizamnama kapitalmdaki paylann 100 

faizin~ malik olarsa va bu C oondin~ verilmi§ maliyyala§diril~n maliyya institutu 

olarsa, mu~ssis~y~ m~xsus olan i§tirak kapital1m n~z:;)ra almayaraq); va 

5. Maliyy~l~§diran t~§kilat a§agidaki t~lablara eavab verir: 

a) Maliyyala§diran m§kilat IRS FATCA qeydiyyat internet s~hif~sinda IRS-da 

maliyyal~§diran m§kilat kimi qeydiyyatdan ke~mi§dir; 

b) Maliyyala§diran m§kilat maliyya institutu ~rbayean Respublikasmm hesabat 

veran maliyy~ institutu olsa idi, onun admdan iera edilm~li olan burun z:;)ruri 

yoxlama, vergitutma, hesabat verma va digar ohdaliklarini yerina yetirmaya 

razJ.la§Ir va 6 il muddatin~ maliyy~ institutu il~ bagh toplamlrm§ san~dlari saxlaYir; 
c) Maliyyala~diran ta~kilat maliyya institutunun admdan tamamlamm~ butUn 

hesabatlarda maliyya institutunu miiayyan edir; va 

d) Maliyyala~dirnn ta~kilat lagv edilmi~ sponsor ta~kilatJ. statusuna malik deyildir. 

D. investisiya maslahati va aktivlarin idan olunmas1 faaliyyati lla mat!ul olan ~axslar. 

Azarbaycan Respublikasmda tasis edilan va sadaca i~'tl olmayan maliyya institutundan 

ba§qa maliyya institutunda mii~arinin adma depozita qoyulm~ vasaitlarin investisiyaya 

yonaldilmasi, idara edilmasi va barnsinda sarancam verilmasi maqsadila (1) mii~tariya 

investisiya maslahatlari verdiyina va ya onun admdan harakat etdiyina va ya (2) portfellari 

m~ri ii'tiin idarn etdiyina va onun admdan harakat etdiyina gora maliyya institutu hesab 

olunan investisiya ta~kilatJ.drr. 

E. Kollektiv investisiya alati. Kollektiv investisiya alatinda olan biitUn i¢rak paytmn (bore 

ohdaliklarindaki 50,000 AB~ dollarmdan artiq paylar daxil olmaqla) bir va ya daha 'tOX 

imtiyazh benefisiarlara, 1 sayh 8lavanin VI oolmasinin B( 4) yarrmbandinda verilmi§ Aktiv 

NFFE-lara, Muayyan olunm~ AB~ ~axslari olmayan AB~ §axslarina va ya i§tirak'tl 

olmayan maliyya institutu hesab edilmayan maliyya institutlanna maxsus olmas1 va ya 

onlar vasitasila saxlamlmas1 §artila Azarbaycan Respublikasmda tasis edilan va kollektiv 

investisiya alati kimi tanzimlanan investisiya ta§kilatJ.drr. 

F. Xiisusi qaydalar. A~ag1dakt qaydalar investisiya ta§kilatJ.na tatbiq olunur: 

1. Bu bolmanin E bandinda verilmi§ kollektiv investisiya alati olan investisiya 

ta§kilatJ.nda i~ paylan ila bagh istanilan lnvestisiya ta§kilatJ.mn (kollektiv 

investisiya alatinda i~ paylanmn saxlamldtgt Maliyya institutlanndan ba§qa) 

hesabat vermak ohdaliklari yerina yetirilmi~ hesab edilacakdir. 

2. A~agi.daktlarda olan i~tirak paylan tlzra: 

a) Biitiin i~tirak paylanmn (bore ohdaliklarinda 50,000 AB~ dollanndan artJ.q pay 

daxil olmaqla) bir va ya daha 'tOX imtiyazh sahiblara, 1 sayh alavanin VI 

oolmasinin B(4) yarrmbandinda verilmi§ Aktiv NFFE-lara, Muayyan olunmU§ AB~ 

~axslari olmayan AB~ ~axslarina va ya i~'tl olmayan Maliyya institutu hesab 

edilmayan Maliyya institutlanna maxsus olan va ya onlar vasitasila saxlamlan va 

kollektiv investisiya alati kimi tanzimlanan Taraf~ Yurisdiksiyada tasis edilmi§ 

investisiya ta§kilatJ.nda; 

b) AB~-m Xazinadarhq Departamentinin muvafiq qaydalanna asasan 

ixtisasla§dmlmi§ kollektiv investisiya alati olan investisiya ta§kilatJ.nda; 

Azarbayean Respublikasrmn Maliyya institutu olan istanilan investisiya ta§kilatJ.mn (kollektiv 

investisiya alatinda i~ paytmn saxlamldtgt. Maliyya institutlanndan ba§qa) hesabat verma 

ohdaliklari yerina yetirilmi§ hesab edilacakdir. 

3. Sazi§in 5-ei maddasinin 3-cii bandinin blablarina uygun olaraq bu bOlmanin E va ya 

F(2) yarrmbandlarinda gostarilmayan Azarbaycan Respublikasmda tasis edilmi§ 

investisiya b§kilatJ.ndakl i~tirak paylan ila bagh biitiin digar investisiya ta~kilatlanmn 

hesabat verma ohdaliklari, Sazi~a miivafiq olaraq hamin i¢rak paylan t1zra birinci 
qeyd edilmi~ investisiya b~kilati b~find~n hesabat verilm~li m~lumat onun ozii v~ ya 

dig~r ~~xs b~find~n verildiyi t~qdird~ yerin~ yetirilmi~ hesab edilm~lidir. 

V. Maliyya Hesablanndan £1Xanlan Hesablar. ~agtdakt hesablar Maliyy~ Hesablan 

anlayt~mdan ~1xanlrm~drr v~ buna gor~ d~ ABS-m Hesabat Verilm~li Hesablan kimi q~bul 

edilm~m~lidir. 

A. Miiavvan amanat Hesablan. 

1. T~gatld v~ Pensiya Hesab1. .Azarbaycan Respublikasmm qanunvericiliyin~ ~sas~n 

~agtdakt bl~bl~~ cavab v~n .Azarbaycan Respublikasmda saxlamlan t~qatld v~ pensiya 

hesablan. 

a) Hesab bqatld v~ ya pensiyamn (~lilliy~ v~ oltlm~ go~ mtlavin~tl~r daxil olmaqla) 

verilm~si tl~tln ~~xsi bqatld hesab1 kimi bnzim.l~nir v~ ya qeydiyyatdan ke~mi~ v~ ya 

bnziml~n~n bqatld v~ ya pensiya plammn bir hiss~si saydrr; 

b) Hesab ~ vergi ~~~ri movcuddur (y~ni hesaba daxil olan v~ .Azarbaycan 

Respublikastrun qanunvericiliyin~ uygun olaraq b~qa halda vergi tutulmal1 olan 

o~ni~l~r vergitutma bazastrun hesablanmas1 zamam n~za~ almrmr v~ ya hesab 

sahibinin tlmumi g~lirind~n ~1xdrr v~ ya ~ag1 d~~~ il~ vergiy~ c~lb edilir v~ ya hesab 

~ investisiya g~lirind~n verginin tutulmasma mohl~t verilir v~ ya ~At d~~c::~ il::~ 

vergi tutulur); 

c) Hesabla bagh .Azarbaycan Respublikasmm vergi orqanlanna m~lumatlann illik olaraq 

otibiilm~si zaruridir; 

d) V ~saitl::~rin ~1xanlmas1 bqatld tl~tln mtl::~yy~n edilmi~ y~ h~ddin::~ ~atma, ~lillik v~ ya 

oltlml~ ~~rtl::Jnir V::l ya bel~ x\lsusi hallardan qabaq V::JSaitl::~rin ~1xanlmasma gor::J 

c~rim::~l~r btbiq olunur; v::~ 

e) (i) illik daxilolmalar 50,000 ABS dollan v~ ya daha ~agt m~bl::~gl~ m~hdudl~dmlrr v~ 

ya (ii) I ,000,000 ABS dollan v::~ ya daha ~agt m::~bl::~gd::~ olan hesaba btlttln miidd~t 

tl~tln maksimum daxilolma m::~hdudiyy::~ti movcuddur, h~r bir halda hesabm 

toplamlmas1 v::~ valyuta miibadil~si ii~tln 1 sayh 8lav~d::~ verilmi~ qaydalar btbiq 

olunur. 

2. T::~qaiid hesab1 olmayan ::~m~t hesablan. Azarbaycan Respublikastmn qanunvericiliyin~ 

~sas~n ~agtdakt t::~l~bl~~ cavab ve~n .Azarbaycan Respublikasmda saxlamlan hesab 

(s1gorta v::~ ya Annuitet s1gortas1 miiqavil::~si istisna olmaqla). 

a) Hesab bqaiidd~n f::~rqli m~qs~dl::~r ii~tln ::~man~t mexanizmi kimi bnzim.l::~nir; 

b) Hesab ~ vergi ~~::~ri movcuddur (y~ni hesaba daxil olan v::~ Azarbaycan 

Respublikastrun qanunvericiliyin~ uygun olaraq hawa halda vergi tutulmal1 olan 

~ni~l::~r vergitutma bazas1mn hesablanmas1 zamam n::~za~ almrmr va ya hesab 

sahibinin tlmumi galirindan ~lXIlrr va ya ~ag1 d~r::~~ ila vergiy~ calb edilir v~ ya hesab 

~ investisiya galirindan verginin tutulmas1na mohl~t verilir va ya ~ag1 d~~c::~ il::~ 

vergi tutulur); 
c) Vasaitlarin ~txanlmast amanat hesabtmn maqsadlari baxtmmdan xiisusi meyarlara 

cavab verilmasi ila (misal ii~iin, tahsil va tibbi yardrm l.izra miiavinatin tamin edilmasi) 

§artlanir va ya bu ciir meyarlara cavab verilmasindan qabaq vasaitlarin ~txanlmasma 

gora carimalar tatbiq olunur; va 

d) Hesabm toplamlmast va valyuta miibadilasi ii~iin I sayb 8lavada verilmi§ qaydalarm 

tatbiq edilmasila illik daxilolmalar 50,000 AB~ dollan haddinda va ya daha az 

mablagla mahdudla§dmbr. 

B. Milman miiddata hayatm sdtortasi miigavilalari. Mtlqavilanin a§agtdala talablara 

cavab vermasi §artila, Azarbaycan Respublikasmda icra edilan va stgortalanan §axsin 90 

Ya§I olana qadar ba§a ~atan dovril ahata edan hayatm stgortast miiqavilasi: 

I. Miiddat ke~dikca azalmayan va miiqavilanin qiivvada oldugu miiddatda va ya 

stgortalanan §axsin 90 Ya§I olanadak {hanst qtsa olarsa) an azt har il odanilan dovrii 

odani§lar; 

2. Miiqavilani lagv etmadan har hanst miiqavila l.izra aida eda bilacayi (vasaitlarin 

~txanlmast, kredit va ya ba§qa form.ada) he~ bir dayar yoxdur; 

3. Mtlqavilanin lagv edilmasi va ya miiddatinin bitmasina gora odanilan mablag (oliima 

gora miiavinatdan ba§qa) miiqavilanin qiivvada oldugu miiddat va ya dovrlar ii~iin 

oliima, xastaliya gora mablag va xarclar (faktiki qoyulmasmdan asth olmayaraq) va ya 

miiqavilanin lagv edilmasindan va ya miiddatinin bitmasindan qabaq edilmi§ odanilmi§ 

har hanst mablag ~txtlmaqla, mtlqavila l.izra iimumi mablagi ke~ bilmaz; va 

4. Hiiququn otiiriildiiyii §axs miiqavilada avazli olaraq tarafkimi ~~XI~ etmir. 

c. amlak HesabL Bu CUr hesab l.izra olan §axsin vasiyyatnamasinin va ya oliim haqqmda 

§ahadatnamanin suratini ehtiva edan sanadla§ma olarsa, Azarbaycan Respublikasmda 

yalmz amlaka gora saxlamlan hesab. 

D. Sarti depozit hesabL A§agtdalalardan har hanst biri ila baglt a~Ilrm~ Azarbaycan 

Respublikasmda saxlamlan hesab: 

1. Mahkama qaran va ya hokmii. 

2. Hesabm a§agtdakt talablara cavab vermasi §arti ila da§tnmaz va ya da§tnar amlalan 

satl§I, dayi§dirilmasi va ya icarasi: 

a) Hesab yalmz ilkin odani§, avans, birba§a tranzaksiya ila bagh ohdaliyin tamin 

edilmasi ii~iin miivafiq mablagda depozit va ya OX§ar Odani§ va ya amlalan satl§t, 

dayi§dirilmasi va icarasi ila bagh hesabda yerla§dirilmi§ maliyya vasaitlari ila 

maliyyala§dirilir; 

b) Hesab yalmz altcmm amlakm satl§ qiymatini odamak, satlcrmn §arti ohdaliklarini 

odamak va ya icara miiqavilasi asasmda icaraya verilmi~ amlaka dayan har hanst 
~rnrin icaraya veran va ya icarn~i tarafindan odanilmasi ohdaliyini tamin etmak 

u~ful a~Iltr va istifada edilir; 

c) amlak satlld1qda, dayi~dirildikda va ya ondan imtina edildikda va ya icarn lagv 

edildikda, hesabdaki vasaitlar va ondan aida edilan galirlar alici, satlci, icarnya 

vernn va ya icara~inin (bu c1ir ~axslarin ohdaliyinin icras1m tamin etmak daxil 

olmaqla) xeyrina Odanilir va ya b~qa c1ir paylamr; 

d) Hesab maliyya aktivlarinin sat1~1 va ya mubadilasi ila alaqadar olaraq a~Ilrm~ 

marjinal hesab va ya buna ox~ hesab deyil; 

e) Hesab kredit karti hesab1 ila alaqali deyil. 

3. D~mmaz amlakla tamin edilan kredit Odani~i edan Maliyya institutunun daha soma 

yalmz d~1nmaz amlakla bagh vergilar va s1gorta 1izrn odani~larin edilmasini 

asanl~dtrmaq u~ful odani~in bir hissasini kanara qoymaq ohdaliyi. 

4. Maliyya institutunun daha soma yalmz vergilarin odanilmasini asanl~dtrmaq ohdaliyi. 

E. Tarafdas Yurisdiksivada Hesablar. F ATCA-mn hayata k~irilmasini asanl~dtrmaq 

u~ful ~rbaycan Respublikasmda olan va AB~ ila digar Tarnf~ Yurisdiksiya arasmda 

baglanrm~ muqavilaya asasan Maliyya Hesab1 anlay1~1na daxil olmayan hesab1 ehtiva edir, 

bu ~artla ki bu cUr hesab hamin Taraf~ Yurisdiksiyada a~Ilm1~ va hamin Tarnfd~ 

Yurisdiksiyada olan Maliyya institutunda movcud olsa idi, hamin Tarnfd~ 

Yurisdiksiyas1mn qanunvericiliyina asasan eyni talablarn va nazarata maruz qalrm~ olsun. 

VI. Anlayglar. A~ag1daki alava anlay1~lar yuxanda gostarilanlarn tatbiq olunacaqdtr: 

A. Model 1 iizra Hesabat Veran Xarici MaliYVa institutu. Model I Ozra Hesabat 

Vernn Xarici Maliyya institutu dedikda, qeyri-AB~ hokumati va ya onun qurumu 

tarn:findan Model I IGA sazi~ina uygun olaraq barasinda malumatlann aida 

edilmasina va mubadila edilmasina raz1hq verilan, Model I IGA ~a~ivasinda 

i~~~ olmayan Maliyya institutu kimi qiymatlandirilan Maliyya institutundan 

farqli Maliyya institutu na~rda tutulur. Bu maqsadla Model I IGA termini Birla~mi~ 

~tatlar va ya Xazinadarhq idarasi ila qeyri-AB~ hokumati va ya onun bir va ya daha 

artiq qurumlan arasmda somadan bela malumatlann IRS-a avtomatik qaydada 

verilmasila, Maliyya institutlan tarnfindan bu cUr qeyri-AB~ hokumati va ya onun 

qurumlanna malumatlann verilmasi vasitasila FATCA-mn tatbiqi 1izrn raz~l~mam 

bildirir. 

B. istirakc1 Xarici MaliYVa lnstitutu. i~ak~I Xarici Maliyya institutu dedikda, Xarici 

Maliyya institutu muqavilasinin talablarina amal etmaya raz~hq vermi~ Model 2 

IGA-da verilan Maliyya institutlan daxil olmaqla, Xarici Maliyya institutu 

muqavilasinin talablarina amal etmaya raz~hq vermi~ Maliyya institutu na~rda 

tutulur. i¢rak~1 Xarici Maliyya institutu ifadasi, agar AB~-m Hesabat Veran 

Maliyya institutunun ixtisasl~dmlrm~ vasita~isi olan filiali Model I 1izrn Hesabat 

Vernn Xarici Maliyya institutu deyilsa, bu cUr filial1 da ehtiva edir. Bu maqsadla 

Xarici Maliyya institutu muqavilasi anlay1~1 AB~ Daxili Galirlar Macallasinin 1471 

(b) bOlmasinin talablarina amal edan kimi qiymatlandirilmasindan otrli Maliyya 

institutu u~ful talablar muayyan edan raz1l~mam bildirir. Bununla y~1, bu 
anlayt~m maqsadlari u~Un. Model 2 IGA termini Birla~mi~ Statlar va ya Xazinadarhq 

idarasi ila qeyri-ABS hokumati va ya onun bir va ya daha arttq qurumlart arasmda 

Xarici Maliyya institutu muqavilasinin mlablarina uygun olaraq Maliyy~ institutlart 

brnfindan birb~a IRS-a hesabat verilm~si vasimsila bu ctir qeyri-ABS hokum~ti v~ 

ya onun qurumu va IRS arasmda m~lumatm mubadilasi ila tamamlanan FATCA-run 

hayata ke~irilmasini sadala~dirmak ti.zrn raztl~mam ifad~ edir.