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TREATIES AND OTHER INTERNATIONAL ACTS SERIES 18-328.1
 
 

TAXATION 

Foreign Account Tax Compliance 

Agreement Between the 

UNITED STATES OF AMERICA 

and MONTENEGRO 

Signed at Podgorica June 1, 2017 

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.” 
 

 

 

 

 

 

 


 


 


 

MONTENEGRO 

Taxation: Foreign Account Tax Compliance 

Agreement signed at Podgorica June 1, 2017;
 

Entered into force March 28, 2018.
 

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


Government of Montenegro to Improve International Tax Compliance and to 


Implement FATCA 


Whereas, the Government of the United States of AmeriCa and the Government of 

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

improve international tax compliance; 

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

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

institutions with respect to certain accounts; 

Whereas, the Government of Montenegro 1s supportive of the underlying policy goal of 

FATCA to improve tax compliance; 

Whereas, FATCA has raised a number of issues, including that financial institutions of 

Montenegro may not be able to comply with certain aspects of FATCA due to domestic legal 

impediments; 

Whereas, an intergovernmental approach to FATCA implementation would address legal 

impediments and reduce burdens for financial institutions of Montenegro; 

Whereas, the Parties desire to conclude an agre·ement to improve international tax compliance 

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

exchange, subject to the confidentiality and other protections provided for herein, including 

the provisions limitinglhe use of the information exchanged; 

Now, therefore, the Parties have agreed as follows: 

Article 1 


Definitions 


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 of 

the 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 "Montenegro" means Montenegro. 

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

agreement with the United States to facilitate the implementation of FATCA. 

I 

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 . Montenegro, the Ministry of Finance-Tax 

Administration. 

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 ifthe 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 final 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. 

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 "Financial Institution of Montenegro" means (i) any Financial 

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Institution resident in Montenegro, but excluding any branch of such Financial 

Institution that is located outside Montenegro, and (ii) any branch of a 

Financial Institution not resident in Montenegro, if such branch is located in 

Montenegro. 

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 of Montenegro" means any 

Financial Institution of Montenegro that is not a Non-Reporting Financial 

Institution of Montenegro. 

o) 	 The term "Non-Reporting Financial Institution of Montenegro" means any 

Financial Institution of Montenegro, or other Entity resident in Montenegro, 

that is described in Annex II as a Non-Reporting Financial Institution of 

Montenegro 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. 

p) 	 The term "Nonparticipating Financial Institution" means a nonparticipating 

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

include a Financial Institution of Montenegro or other Partner Jurisdiction 

Financial Institution other than a Financial Institution treated as a 

Nonparticipating Financial Institution pursuant to subparagraph 3(b) ofArticle 

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

the United States and a Partner Jurisdiction. 

q) 	 The term "Financial Account" 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 Qr 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 

1 ( q)(l) 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 ofthe 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 noninvestmentlinked, nontransferable immediate life annuity that is hsued to an 

3 

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, 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 l(q), 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 1, 2014, and 

with respect to interests first registered on the books of such Financial 

Institution on or after July 1, 2014, aFinancial Institution is not required to 

apply the preceding sentence prior to January 1, 2016. 

r) 	 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. 

s) 	 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). 

t) 	 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. 

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

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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. 

v) 	 Tue 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 the life expectancy of one or more individuals. Tue 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. 

w) 	 The term "Cash Value Insurance Contract" means an Insurance Contract 

(other than an indemnity reinsurance contract between two insurance 

companies) that has a Cash Value greater than $50,000. 

x) 	 Tue 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) 	 apolicyholder dividend based upon the underwriting experience of the 

contract or group involved. 

y) 	 Tue term "U.S. Reportable Account" means a Financial Account maintained 

by a Reporting Financial Institution of Montenegro and held by one or more 

Specified U.S. Persons or by a Non-U.~. 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. 

z) 	 Tue 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 

5 

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. Ifno 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 of the 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. 

aa) 	 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(aa) shall be interpreted in 

accordance with the U.S. Internal Revenue Code. 

bb) 	 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) of the 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 of the foregoing, or 

any wholly owned agency or instrumentality of any one or more of the 

foregoing; (v) any organization exempt from taxation under section 501(a) of 

the U.S. Internal Revenue Code or an individual retirement plan as defined 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 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)(l) of the 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. 

cc) 	 The term "Entity" means a legal perso1,1 or a legal arrangement such as a trust. 

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

ee) 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. 

ff) 	 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, Montenegro 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) of the U.S. Internal Revenue Code. 

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

hh) 	 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. 

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 U.S. Reportable 


Accounts 


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

information specified in paragraph 2 of this Article with respect to all U.S. Reportable 

Accounts and shall annually exchange this information with the United States on an 

automatic basis. 

2. The information to be obtained and exchanged with respect to each U.S. Reportable 

Account of each Reporting Financial Institution of Montenegro is: 

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

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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; 

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

number); 

c) 	 the name and identifying number of the Reporting Financial Institution of 

Montenegro; 

d) 	 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; 

e) · 	in the case of any Custodial Account: 

(1) 	 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 

(2) 	 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 Financial 

Institution of Montenegro acted as a· custodian, broker, nominee, or 

otherwise as an agent for the Account Holder; 

f) 	 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 

g) 	 in the case of any account not described in subparagraph 2(e) or 2(f) 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 Financial Institution of 

Montenegro 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. 

Article 3 

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 Montenegro. 

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

8 

information exchanged shall identify the currency m which each relevant amount 1s 

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

information described in subparagraphs 2(a) through 2(d) of Article 2 of this 

Agreement; 

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

information described in subparagraphs 2(a) through 2(g) of Article 2 of this 

Agreement, except for gross proceeds described in subparagraph 2( e )(2) of 

Article 2 of this Agreement; and 

c) 	 the information to be obtained and exchanged with respect to 2016 and 

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

2(g) ofArticle 2 of this Agreement; 

4. Notwithstanding paragraph 3 of this Article, with respect to each U.S. Reportable 

Account maintained by a Reporting Financial Institution of Montenegro as of June 30, 2014, 

and subject to paragraph 2 of Article 6 of this Agreement, Montenegro is not required to 

obtain and include in the exchanged information the U.S. TIN of any relevant person if such 

U.S. TIN is not in the records of the Reporting Financial Institution of Montenegro. In such a 

case, Montenegro shall obtain and include in the exchanged information the date of birth of 

the relevant person, if the Reporting Financial Institution of Montenegro 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 Montenegro and the United States shall enter into an 

agreement or arrangement under the mutual agreement procedure provided for in Article 8 of 

this Agreement, which shall: 

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

Article 2 ofthis 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) ofArticle 4 ofthis Agreement. 

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

provided for in Article 9 of this Agreement, including the provisions limiting the use of the 

information exchanged. 

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Article 4 


Application of FATCA to Financial Institutions of Montenegro 


I. Treatment of Reporting Financial Institutions of Montenegro. Each Reporting 

Financial Institution of Montenegro shall be· treated as complying with, and not subject to 

withholding under, section 1471 of the U.S. Internal Revenue Code if Montenegro complies 

with its obligations under Articles 2 and 3 of this Agreement with respect to such Reporting 

Financial Institution of Montenegro, and the Reporting Financial Institution of Montenegro: 

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

Authority of Montenegro the information required to be reported in paragraph 

2 ofArticle 2 of this Agreement in the time and manner described in Article 3 

of this Agreement; 

b) 	 for each of 2015 and 2016, reports annually to the Competent Authority of 

Montenegro 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 FATCA 

registration website; 

d) 	 to the extent that a Reporting Financial Institution of Montenegro 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 of both sections 1441and1471 of the 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 Financial Institution of Montenegro 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 Financial 

Institution of Montenegro 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 Financial Institution of Montenegro 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 

Financial Institution of Montenegro is treated by the IRS as a Nonparticipating Financial 

Institution pursuant to subparagraph 3(b) ofArticle 5 ofthis Agreement. 

2. Suspension of Rules Relating to Recalcitrant Accounts. The United States shall 

not require a Reporting Financial Institution of Montenegro 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 147l(d)(6) of the U.S. Internal Revenue 

10 

Code), or to close such account, ifthe U.S. Competent Authority receives the information set 

forth in paragraph 2 of Article 2 of this Agreement, subject to the provisions of Article 3 of 

this Agreement, with respect to such account. 

3. Specific Treatment of Montenegrin Retirement Plans. The United States shall 

treat as deemed-compliant FFis or exempt beneficial owners, as appropriate, for purposes of 

sections 1471 and 1472 of the U.S. Internal Revenue Code, Montenegrin retirement plans 

described in Annex II. For this purpose, a Montenegrin retirement plan includes an Entity 

established or located in, and regulated by, Montenegro, 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 Montenegro 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 Financial Institution 

of Montenegro as a deemed-compliant FFI or as an exempt beneficial owner, as appropriate, 

for purposes ofsection 1471 of the U.S. Internal Revenue Code. 

5. Special Rules Regarding Related Entities and Branches That Are 

Nonparticipating Financial Institutions. If a Financial Institution of Montenegro, that 

otherwise meets the requirements described in paragraph l 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 R~lated Entity or branch from fulfilling the requirements of a participating 

FFI or deemed-compliant 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 Financial Institution of Montenegro shall 

continue to be in compliance with the terms of this Agreement and shall continue to be 

treated as a deemed-compliant FFI or exempt beneficial owner, as appropriate, for purposes_ 

of section 1471 of the U.S. Internal Revenue Code, provided that: 

a) 	 the Financial Institution of Montenegro 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 1471 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 Financial Institution of Montenegro or any other Related Entity to 

circumvent the obligations under this Agreement or under section 1471 of the 

U.S. Internal Revenue Code, as appropriate. 

11 

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

Agreement: 

a) 	 Montenegro 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; and 

b) 	 Montenegro 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. 

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

Article 1 of this Agreement and the definitioilS provided in the Annexes to this Agreement, in 

implementing this Agreement, Montenegro may use, and may permit Financial Institutions of 

Montenegro 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 


I. General Inquiries. Subject to any further terms set forth in a competent authority 

agreement concluded pursuant to paragraph 6 of Article 3 of this Agreement, the U.S. 

Competent Authority may make follow-up requests to the Competent Authority of 

Montenegro, pursuant to which the Competent Authority of Montenegro shall obtain and 

provide additional information with respect to a U.S. Reportable Account, including the 

account statements prepared in the ordinary course of a Reporting Financial Institution of 

Montenegro's business that summarize the activity (including withdrawals, transfers, and 

closures) ofthe U.S. Reportable Account. 

2. Minor and Administrative Errors. The U.S. Competent Authority shall notify the 

Competent Authority of Montenegro when the U.S. 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 Montenegro shall apply its domestic law (including applicable 

penalties) to obtain corrected and/or complete information or to resolve other infringements 

of this Agreement. 

3. 	 Significant Non-Compliance. 

a) 	 The U.S. Competent Authority shall notify the Competent Authority of 

Montenegro when the U.S. Competent Authority has determined that there is 

significant non-compliance with the obligations under this Agreement with 

respect to a Reporting Financial Institution of Montenegro. The Competent 

Authority of Montenegro shall apply its domestic law (including applicable 

penalties) to address the significant non-compliance described in the notice. 

b) 	 Ifsuch enforcement actions do not resolve the non-compliance within a period 

12 

of 18 months after notification of significant non-compliance is first provided 

by the U.S. Competent Authority, the United States shall treat the Reporting 

Financial Institution of Montenegro as a Nonparticipating Financial Institution 

pursuant to this subparagraph 3 (b). 

4. Reliance on Third Party Service Providers. Montenegro may allow Reporting 

Financial Institutions of Montenegro to use third party service providers to fulfill the 

obligations imposed on such Reporting Financial Institutions of Montenegro by Montenegro, 

as contemplated in this Agreement, but these obligations shall remain the responsibility of the 

Reporting Financial Institutions ofMontenegro. 

5. Prevention of Avoidance. Montenegro 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 


I. Treatment of Pass-thru 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 pass-thru payment and gross 

proceeds withholding that minimizes burden. 

2. Documentation of Accounts Maintained as of June 30, 2014. With respect to U.S. 

Reportable Accounts maintained by a Reporting Financial Institution of Montenegro as of 

June 30, 2014, Montenegro commits to establish, by January 1, 2017, for reporting with 

respect to 2017 and subsequent years, rules requiring Reporting Financial Institutions of 

Montenegro to obtain the U.S. TIN of each Specified U.S. Person as required pursuant to 

subparagraph 2(a) ofArticle 2 of this Agreement. 

Article 7 


Consistency in the Application ofFATCA to Partner Jurisdictions 


1. Montenegro shall be granted the benefit of any more favorable terms under Article 4 

or Annex I of this Agreement relating to the application of F ATCA to Financial Institutions 

of Montenegro afforded to another Partner Jurisdiction under a signed bilateral agreement 

pursuant to which the other Partner Jurisdiction commits to undertake the same obligations as 

Montenegro described in Articles 2 and 3 of this Agreement, and subject to the same terms 

and conditions as described therein and in Articles 5, 6, 7, 10 and 11 of this Agreement. 

2. The United States shall notify Montenegro 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 Montenegro declines in writing the 

application thereof. 

13 

Article 8 ­

Mutual Agreement Procedure 

I. Where difficulties or doubts arise between the Parties regarding the implementation, 

application, or interpretation of this Agreement, the Competent Authorities shall endeavor to 

resolve the matter by mutual agreement. 

2. The Competent Authorities may adopt and implement procedures to facilitate the 

implementation ofthis Agreement. 

3. The Competent Authorities may communicate with each other directly for purposes of 

reaching a mutual agreement under this Article. 

Article 9 


Confidentiality 


1. The Competent Authority of Montenegro shall treat any information received from 

the United States pursuant to Article 5 of this Agreement as confidential and shall only 

disclose such information as may be necessary to carry out its obligations under this 

Agreement. Such information may be disclosed in connection with court proceedings related 

to the performance ofthe obligations ofMontenegro under this Agreement. 

2. Information provided to the U.S. Competent Authority pursuant Articles 2 and 5 of 

this Agreement shall be treated as confidential and may be disclosed only to persons or 

authorities (including courts and administrative bodies) of the Government of the United 

States concerned with the assessment, collection, or administration of, the enforcement or 

prosecution in respect of, or the determination of appeals in relation to, U.S. federal taxes, or 

the oversight of such functions. Such persons or authorities shall use such information only 

for such purposes. Such persons may disclose the information in public court proceedings or 

in judicial decisions. The information may not be disclosed to any other person, entity, 

authority, or jurisdiction. Notwithstanding the foregoing, where Montenegro provides prior, 

written consent, the information may be used for purposes permitted under the provisions of a 

mutual legal assistance treaty in force between the Parties that allows for the exchange oftax 

information. 

Article 10 


Consultations and Amendments 


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

may, independently of the mutual agreement procedure described in paragraph I of Article 8 

of this Agreement, request consultations to develop appropriate measures to ensure the 

fulfillment ofthis 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 12 ofthis Agreement. 

14 

Article 11 


Annexes 


The Annexes form an integral part of this Agreement. 

Article 12 


Term ofAgreement 


1. This Agreement shall enter into force on the date of Montenegro's written notification 

to the United States that Montenegro has completed its necessary internal procedures for 

entry into force of this Agreement. 

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 ofthe notice of termination. 

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

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

Agreement. 

4. Ifthis Agreement is terminated, both Parties shall remain bound by the provisions of 

Article 9 ofthis Agreement with respect to any information obtained under this Agreement. 

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

Governments, have signed this Agreement. 

Done a~in d1§V.licate, ijl.fthe Eng;ish and Montenegrin languages, both texts being 

equally authentic, this4_ day of \JLfle ,20~l 

FOR THE GOVERNMENT OF 

JJir()· 

THE UNITED STATES OF AMERICA: 

15 

ANNEX I 


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

REPORTABLE ACCOUNTS AND ON PAYMENTS TO CERTAIN 


NONPARTICIPATING FINANCIAL INSTITUTIONS 


I. General. 

A. Montenegro shall require that. Reporting Financial Institutions of Montenegro 

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 ofthe Agreement, 

I. 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._§.,-.­

Reportable Account shall be reported annually in the calendar year follo\.vi'ng 

the year to which the information relates. 

C. As an alternative to the procedures described in each section of this Annex I, 

Montenegro may permit Reporting Financial Institutions of Montenegro 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. Montenegro may permit Reporting Financial Institutions of 

Montenegro 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''). 

Annex I- 1 
A. Accounts Not Required to Be Reviewed, Identified, or Reported. Unless 

the Reporting Financial Institution of Montenegro 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 Montenegro 

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) of this 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$2SO,OOO 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 

Montenegro 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 of Montenegro requires reporting or withholding with 

respect to insurance products held by residents of Montenegro). 

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 Financial Institution of 

Montenegro must review electronically searchable data maintained by the 

Reporting Financial Institution of Montenegro 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 of birth; 

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 

Annex I-2 
------

g) granted to a person with a U.S. address; or 

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

the Reporting Financial Institution of Montenegro 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 Financial Institution of Montenegro 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. 

4. Notwithstanding a finding of U.S. indicia under subparagraph B(I) of 

this section, a Reporting Financial Institution of Montenegro 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 Financial Institution of 

Montenegro 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 of 

Nationality ofthe 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 current U.S. 

Annex I-3 
mailing or residence address, or one or more U.S. telephone numbers 

that are the only telephone numbers associated with the account, the 

Reporting Financial Institution of Montenegro 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 Financial Institution of Montenegro 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 ofattorney or signatory authority granted to a person 

with a U.S. address, has an "in-care-of' 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 Financial 

Institution of Montenegro 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. 

I 

1. Review of Preexisting Individual Accounts that are Lower Value 

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

2. Ifthere is a change of circumstances with respect to a Preexisting 

Annex I-4 
Individual Account that is a Lower Value Account that results in one or more 

U :S. indicia described in subparagraph B( 1) of this section being associated 

with the account, then the Reporting Financial Institution of Montenegro must 

treat the account as a U.S. Reportable Account unless subparagraph B(4) of 

this section applies. 

3. Except for Depository Accounts described in subparagraphA(4) ofthis 

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 of 

2015 or Any Subsequent Year ("High Value Accounts"). 

1. Electronic Record Search. The Reporting Financial Institution of 

Montenegro must review electronically searchable data maintained by the 

Reporting Financial Institution of Montenegro for any of the U.S. indicia 

described in subparagraph B( 1) ofthis section. 

2. Paper Record Search. If the Reporting Financial Institution of 

Montenegro'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. Ifthe electronic databases do 

not capture all of this information, then with respect to a High Value Account, 

the Reporting Financial Institution ofMontenegro 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 Financial Institution of Montenegro within the last five years 

for any ofthe U.S. indicia described in subparagraph B(l) ofthis 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 

Financial Institution of Montenegro pursuant to AML/KYC 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 Financial Institution of Montenegro is not required to perform the 

paper record search described in subparagraph D(2) of this section if the 

Reporting Financial Institution of Montenegro's electronically searchable 

Annex I- 5 
information includes the following: 

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

b) The Account Holder's residence address and mailing address 

currently on file with the Reporting Financial Institution of 

Montenegro; 

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

any, with the Reporting Financial Institution ofMontenegro; 

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

account to another account (including an account at another branch of 

the Reporting Financial Institution of Montenegro 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 

Financial Institution of Montenegro 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 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, 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 Financial Institution of Montenegro 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 

Annex I-6 
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. Additionai Procedures Applicable to High Value Accounts. 

1. Ifa Preexisting Individual Account is a High Value Account as of June 

30, 2014, the Reporting Financial Institution ofMontenegro 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 Financial Institution of Montenegro 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, 2.014 and on or 

before June 30, 2015, the Reporting Financial Institution of Montenegro 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 ofthe last day of2015 or 

any subsequent calendar year, the Reporting Financial Institution of 

Montenegro 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 Financial Institution of Montenegro 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 Financial Institution of Montenegro applies the 

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

Value Account, the Reporting Financial Institution of Montenegro is not 

required to re-apply 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 

Financial Institution of Montenegro 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. 

5. A Reporting Financial Institution of Montenegro 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 

Annex I- 7 
States, the Reporting Financial Institution of Montenegro is required to treat 

the new address as a change in circwnstances and, if it elects to apply 

subparagraph B( 4) of this section, is required to obtain the appropriate 

docwnentation from the Account Holder. 

F. Preexisting Individual Accounts That Have Been Documented for Certain 

Other Purposes. A Reporting Financial Institution of Montenegro that has 

previously obtained docwnentation from an Account Holder to establish the Account 

Holder's status as neither a U.S. citizen nor a U.S. resident fa 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) ofthis section with respect to Lower Value 

Accounts or subparagraphs D(l) 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 Financial Institution of Montenegro 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 Montenegro 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 Financial Institution of Montenegro must 

obtain a self-certification, which may be part of the account opening docwnentation, 

that allows the Reporting Financial Institution of Montenegro 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 Financial Institution of Montenegro in connection with the opening of the 

account, including any docwnentation collected pursuant to AML/KYC Procedures. 

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

in the United States for tax purposes, the Reporting Financial Institution of 

Montenegro 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 

Annex I- 8 
an IRS Form W-9 or other similar agreed form). 

2. Ifthere is a change of circumstances with respect to a New Individual 

Account that causes the Reporting Financial Institution of Montenegro to 

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

unreliable, the Reporting Financial Institution of Montenegro cannot rely on 

the original self-certification and must obtain a valid self-certification that 

establishes whether the Account Holder is a U.S. citizen or resident for U.S. 

tax purposes. Ifthe Reporting Financial Institution ofMontenegro is unable to 

obtain a valid self-certification, the Reporting Financial Institution of 

Montenegro 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 Financial Institution of Montenegro 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 Montenegro 

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 br value of which exceeds $1,000,000 as of the last day of 2015 or 

any subsequent calendar year, must be reviewed in accordance with the procedures set 

forth in paragraph D ofthis 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 I (b) of Article 4 of the Agreement 

are reported to the Competent Authority of Montenegro. 

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 Financial Institution of Montenegro 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: 

Annex I-9 
I. 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/KYC 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 Financial Institution of Montenegro must treat 

the account as a U.S. Reportable Account unless it obtains a selfcertification from the Account 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 

AML/KYC 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 Financial Institution of 

Montenegro verifies the Account Holder's Global Intennediary 

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 Aggregate 

Reporting Under Subparagraph l(b) ofArticle 4 of the Agreement. 

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

Financial Institution of Montenegro may determine that the Account 

Holder is a Financial Institution of Montenegro or other Partner 

Jurisdiction Financial Institution if the Reporting Financial Institution 

of Montenegro 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 of the 

Reporting Financial Institution of Montenegro, 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 Financial Institution of Montenegro 

or other Partner Jurisdiction Financial Institution treated by the IRS as 

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

Annex I - JO 
Reportable Account, but payments to the Account Holder mi.1st be 

reported as contemplated in subparagraph 1 (b) of Article 4 of the 

Agreement. 

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

Montenegro or other Partner Jurisdiction Financial Institution, then the 

Reporting Financial Institution of Montenegro 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 Financial Institution of Montenegro: 

(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 deemed-compliant FFI, or an exempt 

beneficial owner, as those terms are defined in relevant U.S. 

Treasury Regulations; or 

(2) In the case of a participating FFI or registered deemedcompliant 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 Financial Institution of Montenegro 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 Financial Institution of Montenegro 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 Financial Institution of Montenegro 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 Financial Institution of Montenegro 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 Financial Institution ofMontenegro may rely on: 

Annex I- II 
(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. 

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 Financial Institution of Montenegro 

to know, or have reason to know, that the self-certification or other 

documentation associated with an account is incorrect or unreliable, the 

Reporting Financial Institution of Montenegro must redetermine the status of 

the account in accordance with the procedures set forth in paragraph D of this 

section. 

V. New Entitv 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 Fillancial Institution of Montenegro 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 Montenegro 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 Financial Institution of Montenegro maintaining such account implements 

policies and procedures to prevent an account balance owed to the Account Holder 

that exceeds $50,000. 

Annex I- 12 
B. Other New Entity Accounts. With respect to New Entity Accounts not 

described in paragraph A of this section, the Reporting Financial Institution of 

Montenegro must determine whether the Account Holder is: (i) a Specified U.S. 

Person; (ii) a Financial Institution of Montenegro 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. 

I. Subject to subparagraph B(2) of this section, a Reporting Financial 

Institution of Montenegro may determine that the Account Holder is an Active 

NFFE, a Financial Institution of Montenegro, or other Partner Jurisdiction 

Financial Institution if the Reporting Financial Institution of Montenegro 

reasonably determines th&t 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 

Financial Institution of Montenegro, as applicable. 

2. Ifthe Account Holder is a Financial Institution of Montenegro 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) ofArticle 4 of the Agreement. 

3. In all other cases, a Reporting Financial Institution of Montenegro 

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) Ifthe Account Holder is a Specified U.S. Person, the Reporting 

Financial Institution of Montenegro must treat the account as a U.S. 

Reportable Account. 

b) If the Account Holder is a Passive NFFE, the Reporting 

Financial Institution of Montenegro must identify the Controlling 

Persons as determined under AML/K.YC 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 Financial 

Institution of Montenegro 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 Financial Institution of Montenegro or other Partner 

Jurisdiction Financial Institution; (iii) a participating FFI, a deemedcompliant FFI, or an exempt beneficial owner, as those terms are 

defined 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. 

Annex I- 13 
d) If the Account Holder is a Nonparticipating Financial 

Institution (including a Financial Institution of Montenegro 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 Self-Certifications and Documentary Evidence. A Reporting 

Financial Institution of Montenegro may not rely on a self-certification or 

documentary evidence if the Reporting· Financial Institution of Montenegro 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 ofthis Annex I. 

1. 	 AML/KYC Procedures. "AML/KYC Procedures" means the customer 

due diligence procedures of a Reporting Financial Institution of 

Montenegro pursuant to the anti-money laundering or similar requirements 

of Montenegro to which such Reporting Financial Institution of 

Montenegro is subject. 

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)(j) of this section, and also includes any Non-U.S. 

Entity that is established in Montenegro 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 mcome; 

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; 

Annex I- 14 
c) 	 The NFFE is organized in a U.S. Territory and all ofthe 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 ofthe foregoing; 

e) 	 Substantially all ofthe activities ofthe 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 

theNFFE; 

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 

Annex I - 15 
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; 

ii. 	 It is exempt from income tax in its jurisdiction ofresidence; 

iii. 	 It has no shareholders or members who have a proprietary or 

beneficial interest in its income or assets; 

IV. 	 The applicable laws of the NFFE's jurisdiction 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 ofMontenegro as 

ofJune 30, 2014. 

C. Account Balance Aggregation and Currency Translation Rules. 

1. Aggregation of Individual Accounts. For purposes of determining 

the aggregate balance or value of Financial Accounts held by an individual, a 

Reporting Financial Institution of Montenegro is required to aggregate all 

Financial Accounts maintained by the Reporting Financial Institution of 

Montenegro, or by a Related Entity, but only to the extent that the Reporting 

Financial Institution of Montenegro'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 Financial Institution of Montenegro is required to take into account 

all Financial Accounts that are maintained by the Reporting Financial 

Institution of Montenegro, or by a Related Entity, but only to the extent that 

the Reporting Financial Institution of Montenegro's computerized systems link 

the Financial Accounts by reference to a data element such as client number or 

Annex I - 16 
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 Financial Institution of Montenegro 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 fa a currency other than the U.S. 

dollar, a Reporting Financial Institution of Montenegro 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 Financial Institution ofMontenegro 

is determining the balance or value. 

D. Documentarv Evidence. For purposes of this Annex I, acceptable 

documentary evidence includes any ofthe 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. 

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. 

AnnexI-17 
E. Alternative Procedures for Financial Accounts Held by Individual 

Beneficiaries of a Cash Value Insurance Contract. A Reporting Financial 

Institution of Montenegro 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 Financial Institution of Montenegro has actual 

knowledge, or reason to know, that the beneficiary is a Specified U.S. Person. A 

Reporting Financial Institution of Montenegro has reason to know that a beneficiary 

of a Cash Value Insurance Contract is a Specified U.S. Person if the information 

collected by the Reporting Financial Institution of Montenegro 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 Financial Institution of Montenegro has actual 

knowledge, or reason to know, that the beneficiary is a Specified U.S. Person, the 

Reporting Financial Institution of Montenegro 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, Montenegro may permit Reporting Financial 

Institutions of Montenegro 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 Entrv Into 

Force of this Agreement. 

1. Aoolicabilitv. If Montenegro has provided a written notice to the 

United States prior to entry into force of this Agreement that, as of July 1, 

2014, Montenegro lacked the legal authority to require Reporting Financial 

Institutions of Montenegro either: (i) to require Account Holders of New 

Individual Accounts to provide the self-certification specified in section III of 

this 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 

Financial Institutions of Montenegro may apply the alternative procedures 

described in subparagraph G(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 G(2) of this section shall 

be available only for those New Individual Accounts or New Entity Accounts, 

as applicable, opened prior to the earlier of: (i) the date Montenegro has the 

ability to compel Reporting Financial Institutions of Montenegro to comply 

with the due diligence procedures described in section III or section V of this 

Annex I, as applicable, which date Montenegro 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 Financial 

Institutions of Montenegro must apply the due diligence procedures described 

in section III or section V of this Annex I, as applicable, to determine if the 

Annex I - 18 
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 Financial Institutions of Montenegro must: (i) 

with respect to a New Individual Account described in subparagraph 

G(l) of this section, request the self-certification specified in section 

III of this Annex I and confirm the reasonableness of such selfcertification consistent with the procedures described in section III of 

this Annex I, and (ii) with respect to a New Entity Account described 

in subparagraph G(l) of this 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 selfcertification, required by section V of this Annex I. 

b) Montenegro 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 Financial Institutions of Montenegro 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 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 

Financial Institutions of Montenegro 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) Montenegro must report on any closed account that is identified 

pursuant to subparagraph G(2)(c) ofthis section as a U.S. Reportable 

Annex I- 19 
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. 

R~portable 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 ofthe date 

the account was opened. 

H. Alternative Procedures for New Entity Accounts Opened on or after July 

1. 2014, and bef~re January l, 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, 

Montenegro may permit Reporting Financial Institutions of Montenegro 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. 

Annex 1-20 
ANNEX II 


The following Entities shall be treated as exempt beneficial o~ners or deemed-compliant FFis, 

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 Montenegro and the United States: (1) to include additional Entities and accounts 

that present a low risk of being 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 

Non-Reporting Financial Institutions of Montenegro 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 Entity. The government of Montenegro any political subdivision of 

Montenegro (which, for the avoidance of doubt, includes a state, province, county, or 

municipality), or any wholly owned agency or instrumentality of Montenegro or any one 

or more of the foregoing (each, a "Montenegro Governmental Entity"). This category is 

comprised of the integral parts, controlled entities, and political subdivisions of 

Montenegro. 

I. 	An integral part of Montenegro means any person, organization, agency, bureau, 

fund, instrumentality, or other body, however designated, that constitutes a governing 

authority of Montenegro. The net earnings of the governing authority must be 

credited to its own account or to other accounts of Montenegro, with no portion 

inuring to the benefit of any private person. An i9tegral 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 Montenegro or that 

otherwise constitutes a separate juridical entity, provided that: 

a) 	 The Entity is wholly owned and controlled by one or more Montenegro 

Governmental Entities directly or through one or more controlled entities; 

Annex II - 1 
b) 	 The Entity's net earnings are credited to its own account or to the accounts of one 

or more Montenegro Governmental Entities, with no portion of its income inuring 

to the benefit of any private person; and 

c) 	 The Entity's assets vest in one or more Montenegro Governmental Entities·upon 

dissolution. 

3. 	 Income does not inure 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) (I) that is comprised primarily of non-U.S. 

governments; (2) that has in effect a headquarters agreement with Montenegro and (3) the 

income ofwhich does not inure 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 Montenegro itself, issuing instruments intended 

to circulate as currency. Such an institution may include an instrumentality that is 

separate from the government of Montenegro, whether or not owned in whole or in part 

by Montenegro. 

II. 	 Funds that Oualify as Exempt Beneficial Owners. The following Entities shall be treated 

as Non-Reporting Financial Institutions of Montenegro and as exempt beneficial owners for 

purposes of sections 1471and1472 of the U.S. Internal Revenue Code. 

A. 	Broad Participation Retirement Fund. A fund established in Montenegro 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: 

I. 	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 Montenegro; and 

3. 	 Satisfies at least one ofthe following requirements: 

Annex II - 2 
a) 	 The fund is generally exempt from tax in Montenegro on investment income 

under the laws of Montenegro 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 retirement and pension accounts described in subparagraph A(!) 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(!) 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 Montenegro 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: 

I. 	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 Montenegro 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 Montenegro. 

C. 	 Pension Fund of an Exempt Beneficial Owner. A fund established in Montenegro 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 

Annex II - 3 
employees, if the benefits provided to such beneficiaries or participants are in 

consideration ofpersonal services performed for the exempt beneficial owner. 

D. 	Investment Entity Wholly Owned by Exempt Beneficial Owners. An Entity that is a 

Financial Institution of Montenegro solely because it is an Investment Entity, provided 

that each direct holder of an Equity Interest in the Entity is an exempt beneficial owner, 

an~ 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. 

III. 	 Small or Limited Scope Financial Institutions that Oualify as Deemed-Compliant FFis. 

The following Financial Institutions are Non-Reporting Financial Institutions of Montenegro 

that shall be treated as deemed-compliant FFis for purposes of section 1471 of the U.S. 

Internal Revenue Code. 

A. 	 Financial Institution with a Local Client Base. A Financial Institution satisfying the 

following requirements: 

I. 	The Financial Institution must be licensed and regulated as a financial institution 

under the laws of Montenegro; 

2. 	 The Financial Institution must have no fixed place of business outside of Montenegro. 

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 

Montenegro. For this purpose, a Financial Institution shall not be considered to have 

solicited customers or Account Holders outside Montenegro 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 Montenegro 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 Montenegro 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 Montenegro'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 

Montenegro; 

Annex II- 4 
6. 	 By the later of July I, 2014, or the date that the Financial Institution claims treatment 

as a deemed-compliant FF! pursuant to paragraph A of this section, 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 Montenegro (including a U.S. Person that was a resident of 

Montenegro when the Financial Account was opened but subsequently ceases to be a 

resident of Montenegro) or any Passive NFFE with Controlling Persons who are U.S. 

residents or U.S. citizens who are not residents of Montenegro; 

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 Montenegro or by a Passive NFFE 

with Controlling Persons who are U.S. residents or U.S. citizens who are not residents 

of Montenegro is identified, the Financial Institution must report such Financial 

Account as would be required if the Financial Institution were a Reporting Financial 

Institution of Montenegro (including by following the applicable registration 

requirements on the IRS FATCA registration website) or close such Financial 

Account; 

8. 	 With respect to a Preexisting Account held by an individual who is not a resident of 

Montenegro 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 Financial 

Institution of Montenegro (including by following the applicable registration 

requirements on the IRS FATCA 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 Montenegro 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 Montenegro. 

B. 	Local Bank. A Financial Institution satisfying the following requirements: 

I. 	The Financial Institution operates solely as (and is licensed and regulated under the 

Jaws of Montenegro as) (a) a bank or (b) a credit union or similar cooperative credit 

organization that is operated without profit; 

Annex II - 5 
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 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 Montenegro, 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 of this section, must satisfy the requirements set forth in this paragraph 

B. 

C. 	 Financial Institution with Only Low-Value Accounts. A Financial Institution of 

Montenegro 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 Financial Institution of Montenegro satisfying the 

following requirements: 

I. 	 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 

Annex II - 6 . 
2. 	 By the later ofJuly I, 2014, or the date that the Financial Institution claims treatment 

as a deemed-compliant FFI pursuant to paragraph D of this section, 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 NonReporting Financial Institutions of Montenegro that shall be treated as deemed-compliant 

FFis for purposes of section 1471 of the 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 Jaws of Montenegro to the 

extent that the trustee of the trust is a Reporting U.S. Financial Institution, Reporting 

Model I 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. 

B. 	 Sponsored Investment Entity and Controlled Foreign Corporation. A Financial 

Institution described in subparagraph B(J) or 8(2) of this section having a sponsoring 

entity that complies with the requirements of subparagraph 8(3) ofthis section. 

I. 	A Financial Institution is a sponsored investment entity if (a) it is an Investment 

Entity established in Montenegro 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 Jaws of 

Montenegro 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 

1 A "controlled foreign corporation" means any foreign corporation ifmore than 50 percent of the 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, I 0 percent or more of the total 

combined voting power of all classes ofstock entitled to vote of such foreign corporation. 

Annex II - 7 
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 FATCA 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 Fii:iancial Institution, the sponsoring entity registers the Financial Institution 

pursuant to applicable registration requirements on the IRS FATCA registration 

website on or before the later of December 3 I, 20 I 6 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 

Institution would have been required to perform if it were a Reporting Financial 

Institution of Montenegro; 

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 FATCA 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 Financial Institution of Montenegro 

satisfying the following requirements: 

I. 	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 Model I 

FFI, or Participating FF!, 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 Financial Institution of Montenegro; 

Annex II - 8 
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 Partici9ating FFis and 

deemed-compliant FFis and Equity Interests owned by an Entity if that Entity owns 

I 00 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 FA TCA 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 Financial 

Institution of Montenegro 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. 

D. 	Investment Advisors and Investment Managers. An Investment Entity established in 

Montenegro that is a Financial Institution solely because it (I) 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 Montenegro 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: 

I. 	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 vehiqle are held) shall be deemed fulfilled. · 

Annex II - 9 
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 Financial Institution of 

Montenegro (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 Montenegro that is not 

described in paragraph ·E or subparagraph F(2) of this section, consistent with 

paragraph 4 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. 

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 

Montenegro that satisfies the following requirements under the laws of Montenegro. 

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 Montenegro 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 Montenegro with 

respect to the account; 

Annex!I-10 
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 Jess, 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-R!Jtirement Savings Accounts. An account maintained in Montenegro (other 

than an insurance or Annuity Contract) that satisfies the following requirements under 

the laws of Montenegro. 

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 Montenegro 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 

d) 	 Annual contributio11s are limited to $50,000 or less, applying the rules set forth in 

Annex I for account aggregation and currency translation. 

B. 	 Certain Tenn Life Insurance Contracts. A life insurance contract maintained in 

Montenegro with a coverage period that will end before the insured individual attains age 

90, provided that the contract satisfies the following requirements: 

L 	 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 ofthe contract; and 

4. 	 The contract is not held by a transferee for value. 

Annex II - 11 
C. 	 Account Held By an Estate. An account maintained in Mol).tenegro that is held solely 

by an estate ifthe documentation for such account includes a copy ofthe deceased's will 

or death certificate. 

D. 	 Escrow Accounts. An account maintained in Montenegro 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 un,der 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; 

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 oftaxes or insurance 

related to the real property at a later time. 

4. 	 An obligation of a Financial Institution solely to facilitate the payment of taxes at a 

later time. 

E. 	 Partner Jurisdiction Accounts. An account maintained in Montenegro and excluded 

from the definition of Financial Account under an agreement between th~ United States 

and another Partner Jurisdiction to facilitate the implementation of FA TCA, 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. 

Annex II - 12 
VI. Definitions. The following additional definitions shall apply to the descriptions above: 

A. 	 Reporting Model 1 FFI. The term Reporting Model 1 FF! 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 1 !GA, other than a Financial Institution 

treated as a Nonparticipating Financial Institution under the Model 1 !GA. For purposes 

of this definition, the term Model I !GA 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 FA TCA through reporting by Financial Institutions to such nonU.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 !GA 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 Model 

1 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 !GA 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 of FATCA through reporting by 

Financial Institutions directly to the IRS in accordance with the requirements of an FF! 

Agreement, supplemented by the exchange of information between such non-U.S. 

government or agency thereof and the IRS. 

· Annex II - 13 
Sporazum izmedu Vlade Sjedinjenih Americkih Drlava i Vlade Cme Gorena 

unapredenju ispunjavanja medunarodnih poreskih obaveza i sprovodenju 

FATCA 

S obzirom na to da Vlada Sjedinjenih Americkih Drfava i Vlada Cme Gore (svaka 

,,Strana" i zajedno ,,Strane") :Zele da zakljuce sporazum u cilju unapredenja ispunjavanja 

medunarodnih poreskih obaveza; 

S obzirom na to da su Sjedinjene Americke Drfave usvojile odredbe koje su poznate 

pod nazivom Zakon o izvrsenju poreskih obaveza u pogledu racuna u inostranstvu 

(,,FATCA"), kojim se uvodi rezim izvjestavanja za finansijske institucije u odnosu na 

odredene racune; 

S obzirom na to da Vlada Cme Gore podrfava unapredenje osnovnih ciljeva politike 

FATCA na unapredenju izvrsenja poreskih obaveza;' 

S obzirom na to da je FATCA otvorila brojna pitanja, ukljucuju6i ho6e Ii finansijske 

institucije Cme Gore mo6i da postupaju u skladu sa odredenim aspektima FATCA zbog 

doma6ih zakonskih ogranicenja; 

S obzirom na to da bl medudrfavni pristup na sprovodenju FATCA rijesio pravna 

ogranicenja i smanjio optere6enje finansijskih institucija Cme Gore; 

S obzirom na to Strane zele da zakljuce sporazum na unapredenju izvr5avanja 

medunarodnih poreskih obaveza i osiguraju sprovodenje FATCA na osnovu domaceg 

izvjestavanja i automatske razmjene, pod uslovima povjerljivosti i drugih za5tita datih u 

ovom dokumentu, ukljucuju6i odredbe koje se odnose na ogranieavanje koris6enja 

informacija koje se razmjenjuju; 

Stoga su se Strane sporazumjele kako slijedi: 

Clan 1 


Definicije 


1. Za potrebe ovog Sporazuma i svih aneksa uz isti (u daljem tekstu: Sporazum), 

sljede6i izrazi imaju znaeenje kako slijedi: 

a) Izraz Sjedinjene Drlave znaci Sjedinjene Americke Drzave, ukljucuju6i drZave 

ali ne i teritorije SAD-a. Svako upu6ivanje na drlava Sjedinjenih Drfava 

ukljucuje i Distrikt Kolumbiju. 

b) Izraz teritorija SAD-a znaci Americka Samoa, Zajednica Sjevernih Marijanskih 

Ostrva, Guam, Zajednica Portoriko, iii Americka Djevicanska Ostrva. 

c) Izraz IRS znaci Uprava internih prihoda SAD-a. 

d) Izraz Cma Gora oznaeava Cmu Goru. 

e) Pojam partnerska jurisdikcija oznaeava jurisdikciju u kojoj je na snazi 

sporazum sa Sjedinjenim Drfavama radi lakseg sprovodenja FATCA. IRS 6e 

objaviti listu kojom se identifikuju sve partnerske jurisdikcije. 

f) Pojam nadlezni organ znaCi: 

1 
(1) 	 u slueaju Sjedinjenih Dr2ava, sekretara za trezor (sekretara za 

finansije) iii njegovog izaslanika; i 

(2) u slueaju Cme Gore Ministarstvo finansija - Poreska uprava. 

g) Pojam finansijska institucija znaci kustodijalnu instituciju, depozitnu instituciju, 

investicioni subjekat iii naznaceno osiguravajuce drustvo. 

h) 	 Pojam kustodijalna institucija znaCi svaki subjekat koji dr2i finansijsku imovinu 

za racun drugih, sto predstavlja znaeajan dio njegovog poslovanja. Subjekat koji 

drzi finansijsku imovinu za tudi racun kao znaeajan dio svog poslovanja ukoliko 

je njegov bruto dohodak koji se moze pripisati dr2anju finansijske imovine i 

povezanim finansijskim uslugama jednak iii veci od 20 procenata bruto dohotka 

subjekta u periodu koji je kraci izmedu: (i) trogodisnjeg perioda koji se zavrsava 

31. decembra (iii posljednjeg dana rac.unovodstvenog perioda koji nije kraj 

kalendarske godine) prije godine u kojoj je to utvrdeno; iii (ii) perioda tokom 

kojeg je subjekat postojao. 

i) 	 Pojam depozitna institucija znaci svaki subjekat koji prihvata depozite u sklopu 

svog redovnog bankarskog iii slicnog poslovanja. 

j) 	 Pojam iuvesticioni subjekat znaci svaki subjekat koji obavlja kao djelatnost (iii 

kojim upravlja subjekat koji obavlja kao djelatnost) jednu iii vise sljedecih 

aktivnosti iii operacija za iii u ime klijenata: 

(!) 	 trgovanje instrurnentima trzista novca (cekovi, novcanice, sertifikati o 

depozitu, derivati, itd.); mjenjackim poslovima; deviznim, kamatnim i 

indeksnim instrurnentima; prenosivim hartijama od vrijednosti; iii 

trgovanje robnim fjucersima; 

(2) upravljanje pojedinacnim i kolektivnim portfeljem; iii 

(3) u!aganje na drugi nacin, administriranje, iii upravljanje fondovima iii 

novcem u ime drugih lica. 

Ovaj pod-stav I(j) ce se tumaciti na nacin koji je konzistentan sa slicnom 

formulacijom koja je data u definiciji pojma ,,finansijska institucija" u 

Preporukama Strucne grupe za finansijske aktivnosti. 

k) 	 Pojam naznaceno osiguravajuce drustvo znaci subjekat koji je osiguravajuce 

drustvo (iii holding kompanija osiguravajuceg drustva) koji izdaje iii koji je du:lan 

da izdaje placanja u pogledu ugovora o osiguranju sa isplatama gotovinske 

vrijednosti iii ugovora o isp!ati anuiteta. 

!) 	 Pojam finansijska institucija Crne Gore znaci (i) svaku finansijsku instituciju 

koja je rezident u Cmoj Gori, ali iskljucujuCi bilo koju filijalu te finansijske 

institucije koja se nalazi izvan Cme Gore, i (ii) svaku filijalu finansijske institucije 

koja nije rezident u Cmoj Gori, ukoliko se ta filijala nalazi u Cmoj Gori. 

m) 	Pojam finansijska institucija u partnerskoj jurisdikciji znaci (i) svaku 

finansijsku instituciju koja je osnovana u partnerskoj jurisdikciji, ali iskljucujuci 

svaku filijalu te finansijske institucije koja se nalazi izvan partnerske jurisdikcije, i 

(ii) svaka filijala finansijske institucije koja nije osnovana u partnerskoj 

jurisdikciji, ukoliko se ta filijala nalazi u partnerskoj jurisdikciji. 

n) Pojam izvje8tavanje finansijske institucije Crne Gore znaci svaka finansijska 

institucija Cme Gore koja nije finansijska institucija Cme Gore koja ne izvjestava. 

o) 	 Pojam finansijska institucija Crne Gore koja · ne izvje8tava znaci svaka 

finansijska institucija Cme Gore iii drugi subjekat sa sjedistem u Cmoj Gori, koji 

je opisan u Aneksu II kao finansijska institucija Cme Gore koja ne izvjestava iii 

koji je na drugi nacin kvalifikovan kao FFI za koju se smatra da ispunjava 

obaveze iii kao izuzeti krajnji vlasnik u skladu sa relevantnom regulativom 

Ministarstva finansija SAD-a na snazi na datum potpisivanja ovog Sporazuma. 

2 
i 

p) Pojam finansijska institucija koja ne ucestvuje znaci FFI koja ne ucestvuje u 

smislu u kojem je taj izraz definisan u relevantnoj regulativi Ministarstva finansija 

SAD-a, ali ne ukljucuje finansijske institucije Cme Gore iii finansijske institucije 

druge partnerske jurisdikcije osim finansijskih institucija koje se tretiraju kao 

finansijske institucije koje ne izvjestavaju u skladu sa pod-stavom 3(b) clana 5 

ovog Sporazuma iii odgovarajucom odredbom u sporazumu izmedu Sjedinjenih 

Dnava i partnerske jurisdikcije. 

q) 	 Pojam finansijski raeun znaci racun koji odrfuva finansijska institucija 

ukljucuje: 

(I) 	 u slucaju subjekta koji je finansijska institucija samo zbog toga sto je 

investicioni subjekat, svaki vlasnicki iii duZllicki udio (i=ev udjela 

kojima se redovno trguje na utvrdenom trzistu hartija od vrijednosti) u 

finansijskoj instituciji; 

(2) 	 u slueaju finansijske institucije koja nije opisana u pod-stavu l(q)(l) 

ovog clana, svaki vlasnicki iii duZllicki udio u finansijskoj instituciji 

(izuzev udjela kojima se redovno trguje na utvrdenom trzistu hartija od 

vrijednosti), ukoliko je (i) vrijednost duZnickog iii vlasnickog udjela 

utvrdena, bilo direktno iii indirektno, prije svega u odnosu na vrijednost 

aktive koja je oporeziva po odbitku na izvoru u SAD-u, i (ii) ustanovljena 

klasa udjela za potreoe izbjegavanja izvjestavanja u skladu sa ovim 

Sporazumom; i 

(3) 	 svaki ugovor o osiguranju sa isplatama gotovinske vrijednosti iii 

ugovora o isplati anuiteta koji je zakljucila iii odrfuva finansijska 

institucija, izuzev neprenosive direktne polise zivotnog osiguranja sa 

isplatom anuiteta koja nije povezana sa investicijama koja je izdata 

pojedincu i monetizovana kao penzija iii invalidnina po racunu koji je 

iskljucen iz definicije finansijskog racuna u Aneksu II. 

lzuzetno od prethodno navedenog, pojam ,,finansijski racun" ne ukljucuje bilo 

koji racun koji je iskljucen iz definicije finansijskog racuna u Aneksu II. Za 

potrebe ovog Sporazuma, udjelima se ,,redovno trguje" ako se trguje 

znaeajnim kolicinama u odnosu na udjele na kontinuiranoj osnovi, a pojam 

,,uredeno trziste hartija od vrijednosti" znaci berzu koja je zvanicno 

prepoznata i nad kojom vrsi nadzor drfuvni organ u kome se nalazi trZiSte i 

koje ima znaeajnu godisnju vrijednost akcija kojima se trguje na berzi. Za 

potrebe ovog pod-stava l(q), udjelom u finansijskim institucijama se ne 

,,trguje redovno" i tretirace se kao finansijski racun ukoliko je imalac udjela (a 

koji nije finansijska institucija koja postupa kao posrednik) registrovan u 

knjigama te finansijske institucije. Prethodna recenica se nece primjenjivati na 

udjele koji su prvo registrovani u knjigama te finansijske institucije prije 1. 

jula 2014. godine, au odnosu na udjele koji su prvo registrovani u knjigama te 

finansijske institucije na iii nakon 1. jula 2014. godine. Finansijska institucija 

nije duZlla da primijeni prethodnu reeenicu prije I. januara 2016. godine. 

r) 	 Pojam depozitni racun ukljucuje svaki komercijalni, tekuci, stedni racun, racun 

sa orocenjem, iii racun za uplatu penzija drfuvnim slu:lbenicirna (thrift account) iii 

racun otvoren uz sertifikat o depozitu, sertifikat za penzije drfuvnih slu:lbenika, 

sertifikat o ulaganju, sertifikat o zadu:lenju, iii drugi slican instrument koji 

odrfuva finansijska institucija u okviru svog uobieajenog bankarskog iii slicnog 

poslovanja. Depozitn.i racun takode ukljucuje i iznos koji drZi osiguravajuce 

3 
druStvo na osnovu ugovora o garantovanoj investiciji iii slicnog sporazuma o 

isplati karnata u gotovini iii uplati na racun. 

s) 	 Pojarn kustodijalni racun oznaeava racun (razlicit od ugovora o osiguranju iii 

ugovora o rentnom osiguranju) u korist nekog drugog lica koja drZi bilo kakav 

finansijski instrument iii ugovor o ulaganju (ukljucujuci, ali bez ogranicenja na, 

akcije iii udio u korporaciji, mjenicu, obveznicu, zaduZnicu iii drugi dokaz o 

zadu2ivanju, valutnu iii robnu transakciju, ugovor o razmjeni na osnovi nastanka 

statusa neispunjavanja obaveza, ugovor o valutnoj razmjeni (swap-u) prema 

nefinansijskom indeksu, , ugovor o nominalnom iznosu glavnice, ugovor o 

osiguranju iii ugovor o rentnom osiguranju kao i bilo kakvu opciju iii drugi 

derivativni instrument). 

t) 	 Pojarn vlasnicki udio oznaeava, u slucaju partnerstva koje je finansijska 

institucija, udio u kapitalu iii udio u dobiti ostvarenoj partnerstvom . U slufaju 

trusta koji je finansijska institucija, vlasnickim udjelom smatra se udio koji drzi 

svako lice koje se smatra povjerenikom trusta iii korisnikom trusta u cjelosti iii 

dijela trusta iii svako drugo fizicko lice koje ima stvarnu krajnju kontrolu nad 

trustom. Odredeno lice iz SAD-a smatra se korisnikom stranog trusta ako takvo 

odredeno lice iz SAD-a ima pravo da direktno iii indirektno prima (na primjer, 

posredstvom imenovanog lica) obaveznu raspodjelu imovine iii moze primiti, 

direktno iii indirektno, diskrecionu raspodjelu imovine iz trusta. 

u) 	 Pojarn ugovor o osiguranju oznafava ugovor (razlicit od ugovora o rentnom 

osiguranju) na osnovu kojeg se osiguravac saglasava da 6e isplatiti neki iznos u 

slufaju nastupanja odredenog neocekivanog dogadaja koji ukljucuje rizik 

smrtnosti, rizik bolesti, rizik nezgode, rizik odgovomosti za stetu iii imovinski 

rizik. 

v) 	 Pojarn ugovor o rentnom osiguranju znaci ugovor na osnovu kojeg je 

osiguravac saglasan da vrsi isplate tokom vremenskog perioda u cjelosti iii 

djelimicno povezan s ocekivanim zivotnim vijekom lica iii vise lica. Pojarn se 

odnosi i na ugovor koji se u skladu sa zakonom, propisima iii praksom jurisdikcije 

u kojoj je ugovor zakljucen, smatra ugovorom o rentnom osiguranju i na osnovu 

koga je osiguravac saglasan da vrsi isplate tokom visegodisnjeg vremenskog 

perioda., 

w) Pojarn ugovor o osiguranju uz mogucnost isplate noveane vrijednosti 

oznafava ugovor o osiguranju (razlicit od ugovora o reosiguranju izmedu dva 

osiguravajuea drustva), cija je novcana vrijednost veca od 50.000 USD. 

x) Pojarn noveana vrijednost oznafava veci od sljedeca dva iznosa: (i) iznosa na 

isplatu na koji ugovarac osiguranja ima pravo po otkupu polise iii po isteku 

ugovora (utvrdenom bez umanjenja za naknadu za otkup polise iii zajarn po polisi) 

i (ii) iznosa koji ugovarac osiguranja moze pozajmiti po osnovu ugovora iii s 

obzirom na ugovor. Izuzetno od navedenog, pojarn ,,novcana vrijednost" ne 

ukljucuje iznos plativ na osnovu ugovora o ,0siguranju u obliku: 

(1) 	 naknade za tjelesnu povredu iii bolest iii druge naknade za stetu zbog 

ekonomskog gubitka nastalog nastupanjem osiguranog dogadaja; 

(2) 	 isplate ugovaracu osiiuranja ranije uplacenih premija po ugovoru o 

osiguranju (razlicitih od onih na osnovu ugovora o Zivotnom osiguranju) 

zbog otkazivanja iii isticanja polise, smanjene izlozenosti riziku u vremenu 

trajanja ugovora o osiguranju iii nastankom promjene premije zbog 

ispravki knjifonja iii druge slicne greske; iii 

(3) 	 dividende ugovaracu osiguranja na osnovu preuzimanja rizika po 

osnovu ugovora iii od predmetne grupe. 

4 
y) 	 Pojam racun o kojem se izvjestava SAD znaCi finansijski racun koji vodi 

finansijska institucija Crne Gore, a vlasnik racuna je odredeno lice iii vise 

odredenih lica iz SAD-a iii subjekat koji nije iz SAD-a koji je pod kontrolom 

odredenog lica iii vise odredenih lica iz SAD-a. Izuzetno od navedenog, racun se 

nece smatrati racunom o kojem se izvjestava SAD ako nakon sprovodenja 

postupka du2ne pa2nje iz Aneksa I. nije utvrdeno da je rijec o racunu o kojem se 

izvjestava SAD. 

z) 	 Pojam vlasnik racuna oznafava lice koje je finansijska institucija koja vodi raeun 

navela iii identifikovala kao vlasnika finansijskog racuna. Lice, koje nije 

finansijska institucija, koje je imalac finansijskog racuna u korist iii za racun 

drugog lica u svojstvu agenta, kustodijana, imenovanog lica, potpisnika 

investicionog savjetnika iii posrednika, ne smatra se imaocem racuna u smislu 

ovog Sporazuma, nego se imaocem racuna smatra to drugo lice. Za potrebe 

prethodne recenice izraz ,,finansijska institucija" ne ukljucuje finansijsku 

instituciju organizovanu iii osnovanu na teritoriji SAD-a. U slucaju ugovora o 

osiguranju uz mogucnost isplate novcane vrijednosti iii ugovora o rentnom 

osiguranju vlasnik racuna je svako lice koje ima pravo pristupa novcanoj 

vrijednosti iii pravo na promjenu korisnika ugovora. Ako niko nema pravo 

pristupa novcanoj vrijednosti iii ne mofo promijeniti korisnika, vlasnik racuna je 

sv*o lice navedeno u ugovoru kao vlasnik, kao i svako lice na koje je, na osnovu 

uslova ugovora, preneseno pravo na primanje isplate. Po isteku ugovora o 

osiguranju uz mogucnost isplate novcane vrijednosti iii ugovora o rentnom 

osiguranju svako lice koje ima pravo na primanje isplate po ugovoru smatra se 

vlasnikom racuna. 

aa) Pojam lice iz SAD-a oznafava pojedinca koji je dr2avljanin SAD-a iii rezident u 

SAD-u, partnerstvo iii korporaciju osnovanu u Sjedinjenim Dr:Zavama iii na 

osnovu zakona Sjedinjenih Dr2ava iii bilo koje dr:Zave Sjedinjenih Dr:Zava, trust, 

ukoliko je (i) sud u Sjedinjenim Dr:Zavama na osnovu va2ecih propisa imao 

ovla8cenja da izda naloge iii presude u gotovo svim pitanjima u vezi s 

upravljanjem trustom, i ako (ii) jedno iii vise lica iz SAD-a imaju ovlascenja da 

kontroli8u sve va2ne odluke trusta iii imovinu preminulog lica koje je dtlavljanin 

iii rezident u Sjedinjenim Drfavama. Ovaj pod-stav (a) ce se tumaciti u skladu sa 

Zakonikom o unutrasnjim prihodima SAD-a. 

bb) Pojam odredeno lice iz SAD-a oznafava lice iz SAD-a, razlicito od: (i) 

korporacije cijim se udjelima redovno trguje na jednoj iii vise uredenih trZista 

hartija od vrijednosti; (ii) svake korporacije koja je clanica iste prosirene grupe 

povezanih drustava, kojaje uredena odjeljkom 1471(e)(2) Zakonika o unutra8njim 

prihodima SAD-a kao korporacija opisana u tacki (i); (iii) Sjedinjenih Dr:Zava iii 

agencije iii subjekta koji su u cjelosti u vlasnistvu Sjedinjenih Dr2ava; (iv) dr:Zave 

Sjedinjenih Dr:Zava iii teritorija SAD-a, njihovih politickih podjedinica iii agencije 

iii subjekta u potpunom vlasnistvu jednog od gore navedenih iii vise njih; (v) 

svake organizacije kojaje izuzeta od oporezivanja u skladu s odjeljkom 501(a) iii 

licnih penzionih programa uredenih odjeljkom 7701(a)(37) Zakonika o 

unutra8njim prihodima SAD-a, (vi) svake banke uredene odjeljkom 581 Zakonika 

o unutra8njim prihodima SAD-a; (vii) svakog investicionog fonda za ulaganja u 

nekretnine uredenog odjeljkom 856 Zakonika o unutrafojim prihodima SAD-a, 

(viii) svakog regulisanog investicionog drustva uredenog odjeljkom 851 Zakonika 

o unutra8njim prihodima SAD-a iii subjekta prijavljenog Kornisiji za hartije od 

vrijednosti i berze po osnovu Zakona o investicionim drustvima iz 1940. godine 

(15 u.s.c. 80a-64); (ix) zajednickog povjerenickog fonda uredenog clanom 

5 
584(a) Zakonika o unutra5njim prihodima SAD-a; (x) svakog trusta izuzetog od 

oporezivanja na osnovu odjeljka 664(c) Zakonika o unutra5njim prihodima SAD-a 

iii opisanog u odjeljku 4947(a)(l) Zakonika o unutra5njim prihodima SAD-a; (xi) 

dilera hartija od vrijednosti, robu iii derivativne finansijske instrumente 

(ukljucujuci ugovore o nominalnom iznosu glavnice, fjucerse, forvarde i opcije) 

koji je kao takav prijavljen na osnovu propisa Sjedinjenih Drzava iii bilo koje 

drfuve SAD-a; (xii) brokera kako je uredeno odjeljkom 6045(c) Zakonika o 

unutra5njim prihodima SAD-a; iii (xiii) svakog trusta izuzetog od oporezivanja na 

osnovu plana opisanog u odjeljku 403(b) iii odjeljku 457(g) Zakonika o 

unutra5njim prihodima SAD-a. 

cc) Pojam subjekat oznaeava pravno lice iii pravni aranZillan kao sto je trust. 

dd) Pojam subjekat koji nije iz SAD-a oznafava subjekt koji nije lice iz SAD-a. 

ee) Pojam isplata koja podlijeze oporezivanju po odbitku na izvoru u SAD-u 

oznacava svaku isplatu kamata (ukljucujuci svaki diskont pri emisiji), dividendi, 

najma, plata, zarada, premija, anuiteta, naknada, nadoknada, prihoda i drugih 

fiksnih iii promjenjivih godisnjih iii povremenih dobitaka, dobiti i dohotka, ako se 

takva isplata vrsi iz izvora u Sjedinjenim Drfuvama. Izuzetno od navedenog, 

isplata u SAD-u koja podlijeze opcirezivanju po odbitku na izvoru ne odnosi se na 

isplate koje se u relevantnim propisima Ministarstva finansija SAD-a ne smatraju 

isplatom koja podlijeze oporezivanju po odbitku. 

ff) 	 Subjekat je povezani subjekat drugog subjekta ako bilo koji od tih subjekata 

kontrolise drugi subjekt iii ako su dva subjekta pod zajednickom kontrolom. U 

tom smislu, kontrola obuhvata direktno iii indirektno vlasnistvo od vise od 50 

procenata glasackih prava iii vrijednosti u subjektu. Izuzetno od navedenog, Crna 

Gora moze prema subjektu postupati kao da on nije povezani subjekat drugog 

subjekta ako ta dva subjekta nijesu clanovi iste prosirene grupe povezanih 

drustava, kako je uredeno odjeljkom 147l(e)(2) Zakonika o unutrasnjim 

prihodima SAD-a. 

gg) Pojam PIB SAD-a oznafava savezni identifikacioni broj poreskog obveznika u 

SAD-u. 

hh) Pojam Iica koja kontrolisu oznacava fizicka lica koja imaju kontrolu nad 

subjektom. U slufaju trusta, izraz se odnosi na povjerenika trusta, povjerioce, 

za5titnika trusta (ako ga ima), korisnike iii klasu korisnika te na svako drugo 

fizicko lice koje ima stvarnu kontrolu nad trustom, au slufaju pravnog aranzmana 

koji nije trust, ovaj pojam oznafava lica na istom iii slicnim polofujima. Izraz 

,,lica ·koja kontrolisu" tumaci se u skladu s Preporukama Strucnog tijela za 

finansijsko djelovanje (Financial Action Task Force). 

2. Svaki pojam koji nije drugacije ureden ovim Sporazumom ima znacenje, osim ako 

kontekst ne zahtijeva drugacije iii se nadlefui organi ne usaglase o zajednickom znacenju (u 

mjeri u kojoj je to dozvoljeno domacim pravom), koje je tada imao na osnovu prava Strane 

koja primjenjuje ovaj Sporazum, svako znacenje na osnovu vaZecih poreskih zakona te 

Strane koje je mjerodavno u odnosu na znacenje koje je pojmu dato na osnovu drugih zakona 

te Strane. 

6 
Clan2 


Obaveze prikupljanja i razmjene informacija o racunima u odnosu na koje se 


izvjestava SAD 


I. Shodno odredbama c!ana 3 ovog Sporazuma, Cma Gora prikuplja informacije 

navedene u staVU: 2 ovog clana u odnosu na sve racune o kojima se izvjestava SAD i godisnje 

automatski razmjenjuje te informacije sa Sjedinjenim Drfuvama. 

2. Informacije koje prikuplja i razmjenjuje, u odnosu na svaki racun o kome se 

izvjestava SAD, svaka finansijska institucija Cme Gore su: 

a) 	 ime/naziv, adresa i SAD PIB svakog odredenog lica iz SAD-a koje je vlasnik 

takvog racuna i, u . slueaju subjekta koji nije iz SAD-a za koji se nakon 

sprovodenja postupka dume pa2:nje utvrdenog u Aneksu I utvrdi da je pod 

kontrolom jednog odredenog lica iz SAD-a i1i vise njih, ime/naziv·, adresa i SAD 

PIB (ako ga ima) takvog subjekta i svakog odredenog Iica iz SAD-a; 

b) broj racuna (ili, u nedostatku broja racuna, funkcionalno ekviva!enta oznaka); 


c) naziv i identifikacioni broj izvjestajne finansijske institucije Cme Gore; 


d) saldo na racunu ili vrijednost (ukljucujuci, u slueaju ugovora o osiguranju uz 


mogucnost isplate novcane vrijednosti ili ugovora o rentnom osiguranju novcana 

vrijednost ili otkupna vrijednost) na kraju relevantne kalendarske godine ili 

drugog odgovarajuceg izvjestajnog perioda ili, ako je tokom te godine racun 

zatvoren, neposredno prije zatvaranja; 

e) 	 u slueaju kustodijalnog racuna: 

(1) 	 ukupan bruto iznos kamata, ukupan bruto iznos dividendi, i ukupan 

bruto iznos drugog dohotka ostvarenog u odnosu na imovinu na racunu, u 

svakom slueaju ono sto je isplaceno ili odobreno na racun (ili u odnosu na 

racun) tokom kalendarske godine ili drugog odgovarajuceg izvjeiltajnog 

perioda; i 

(2) 	 ukupni bruto primici od prodaje ili otplate imovine, isplaceni ili 

odobreni na racunu tokom kalendarske godine ili drugog odgovarajuceg 

izvjestajnog perioda u odnosu u koji je izvjestajna finansijska institucija 

Cme Gore djelovala kao kustodijan, broker, imenovano lice ili agent 

vlasnika racuna po nekoj drugoj osnovi; 

f) 	 u slueaju svakog depozitnog racuna, ukupan bruto iznos kamata isplacenih iii 

odobrenih na racunu tokom kalendarske godine ili drugog odgovarajuceg 

izvjestajnog perioda; i 

g) 	 u slucaju svakog racuna koji nije opisan u pod-stavu 2(e) ili 2(f) ovog clana, 

ukupan bruto iznos isplacen iii odobren vlasniku racuna u odnosu na racun tokom 

kalendarske godine ili drugog odgovarajuceg izvjestajnog perioda u odnosu na 

koji je izvjestajna finansijska institucija Cme Gore obveznik ili duZnik, 

ukljucujuci zbimi iznos isplata na osnovi otkupa vlasniku racuna tokom 

kalendarske godine iii drugog odgovarajuceg izvjestajnog perioda. 

Clan3 


Rokovi i nacin razmjene informacija 


I. Za potrebe obaveze razmjene iz clana 2 ovog Sporazuma, iznos i obiljezje placanja 

u odnosu na racun o kojem se izvjestava _prema SAD-u, mogu se odrediti u skladu sa 

nacelima poreskih zakona Cme Gore. 

7 
2. Za potrebe obaveze razmjene informacija iz clana 2 ovog Sporazuma, u 

razmijenjenim informacijama navodi se valuta u kojoj je iskazan svaki relevantni iznos. 

3. U odnosu na stav 2 clan 2 ovog Sporazuma, informacije ce se prikupljati i 

razmjenjivati u odnosu na 2014. godinu i sve sljedece godine, osim: 

a) informacije koje ce se prikupiti i razmijeniti u odnosu na 2014. godinu su 

informacije opisane u pod-stavovima od 2(a) do 2(d) clana 2 ovog Sporazuma; 

b) 	 informacije koje· ce se prikupiti i razmijeniti u odnosu na 2015. godinu su 

informacije opisane u pod-stavovima od 2(a) do 2(g) clana 2 ovog Sporazuma, 

izuzev za bruto primitke opisane u pod-stavu 2(e)(2) clana 2 ovog Sporazuma; i 

c) 	 informacije koje ce se prikupiti i razmijeniti u odnosu na 2016. godinu i sljedece 

godine su informacije opisane u pod-stavovima od 2(a) do 2(g) clana 2 ovog 

Sporazuma; 

4. Izuzetno od stava 3 ovog clana, u odnosu na svaki racun o kojem se izvjestava 

SAD, a koji na dan 30. jun 2014. godine vodi izvjestajna finansijska institudja Cme Gore i u 

sk!adu sa stavom 2 clana 6 ovog Sporazuma, Cma Gora nije dufua da prikupi i, u informacije 

koje razmjenjuju, uvrsti podatak o SAD PIB-u bilo kog relevantnog Iica, ako takav SAD PIB 

poreskog obveznika nije u evidenciji izvjestajne finansijske institucije Cme Gore. U tom 

slucaju, Crna Gora prikuplja i, u informacije koje razmjenjuje, ukljucuje podatak o datumu 

rodenja relevantnog Iica, ako izvjestajna finansijska institucija Cme Gore ima takav podatak 

o rodenju u svojoj evidenciji. 

5. U skladu sa st. 3 i 4 ovoga clana, informacije opisane u clanu 2 ovog Sporazuma 

razmjenjuju se u roku od devet mjeseci nakon isteka kalendarske godine na koju se 

informacije odnose. 

6. Nadlefui organi Crne Gore i Sjedinjenih Dr:Zava zakljucuju sporazum iii ara.nZman 

na osnovu postupka zajednickog dogovaranja predvidenog clanom 8 ovog Sporazuma kojim 

se: 

a) 	 uspostavljaju postupci za obaveze automatske razmjene informacija opisani u 

clanu 2 ovog Sporazuma; 

b) propisuju pravila i procedure potrebne za sprovodenje clana 5 ovog Sporazuma; i 

c) uspostavljaju po potrebi procedure. za razmjenu informacija iz pod-stava l(b) 

clana 4 ovog Sporazuma. 

7. Na sve razmijenjene informacije primjenjuju se nacela povjerljivosti i druge mjere 

zaStite predvidene u clanu 9 ovog Sporazuma, ukljucujuci odredbe o ogranicavanju upotrebe 

razmijenjenih informacija. 

Clan4 


Primjena FATCA-e na finansijske institucije Crne Gore 


I. Postupanje prema izvjestajnim finansijskim institucijama Crne Gore- Smatra 

se da svaka izvjestajna finansijska institucija Crne Gore postupa u skladu s odjeljkom 1471 

Zakonika o unutrasnjim prihodima SAD-ate da se na nju ne primjenjuje porez po odbitku na 

osnovu tog odjeljka, ako Crna Gora ispunjava svoje obaveze na osnovu cl. 2 i 3 ovog 

Sporazuma u odnosu na takvu izvjestajnu finansijsku instituciju Crne Gore i ako izvjestajna 

finansijska institucija Cme Gore: 

8 
a) 	 identifikuje racune o kojima se izvjestava SAD i o kojima na godiilnjoj osnovi 

nadlemom organu Cme Gore dostavljaju tra2ene informacije iz stava 2 clana 2 

ovog Sporazuma u roku i na nacin opisan u clanu 3 ovog Sporazuma; 

b) za godine 2015. i 2016. na godisnjoj osnovi dostavlja nadlemom organu Cme 

Gore naziv svake finansijske institucije koja ne ucestvuje, kojoj je izvrsila uplate i 

zbimi iznos takvih uplata; 

c) ispunjava va2ece zahtjeve o registraciji na internet stranici za registraciju IRS 

FATCA; 

d) 	 u mjeri u kojoj izvjestajna finansijska institucija Cme Gore koja (i) djeluje kao 

kvalifikovani posrednik (za potrebe odjeljka 1441 Zakonika o unutrailnjim 

prihodima SAD-a) koji je odabrao da preuzme odgovomost za primamo 

oporezivanje po odbitku na osnovu poglavlja 3 podnaslova A Zakonika o 

unutrailnjim prihodima SAD-a, (ii) je strano partnerstvo koje je odabralo da 

djeluje kao strano partnerstvo za oporezivanje po odbitku (u smislu odjeljaka i 

1441 i 1471 Zakonika o unutrasnjim prihodima SAD-a), ili (iii) je strani trust koji 

je odabrao da djeluje kao strani trust za oporezivanje po odbitku (u smislu 

odjeljaka i 1441 i 1471 Zakonika o unutrasnjim prihodima SAD-a), odbija na 

izvoru 30 procenata od svake uplate finansijskoj instituciji koja ne ueestvuje, a 

koja u SAD-u podlijefo oporezivanju po odbitku na izvoru; i 

e) 	 u slueaju izvjestajne finansijske institucije Cme Gore koja nije opisana u podstavu 1 ( d) ovog clana i koja vrsi isplatu iii nastupa kao posrednik u odnosu na 

isplatu porijeklom iz SAD-a koja podlijeze porezu po odbitku svakoj finansijskoj 

instituciji koja ne ucestvuje, izvjestajna finansijska institucija Cme Gore osigurava 

svakom direktnom platiocu takvog placanja, a koji je porijeklom iz SAD-a, koji 

podlijeze porezu po odbitku, informacije potrebne za oporezivanje po odbitku i 

izvjestavanje u odnosu na takvo placanje. 

Izuzetno od navedenog, izvjestajna finansijska institucija Cme Gore koja ne 'ispunjava uslove 

iz ovog stava 1 ne podlijefo oporezivanju po odbitku na osnovu odjeljka 14 71 Zakonika o 

unutrailnjim prihodima SAD-a, osim ako takvu izvjestajnu finansijsku instituciju Cme Gore 

IRS smatra finansijskom institucijom koja ne ucestvuje u skladu sa pod-stavom 3(b) clana 5 

ovog Sporazuma. 

2. Obustava pravila koja se oduose na nekooperativne racune- Sjedinjene Drfuve 

ne zahtijevaju od izvjestajne finansijske institucije Cme Gore obustavu poreza po odbitku na 

osnovu odjeljka 1471 ili 1472 Zakonika o unutrasnjim prihodima SAD-au odnosu na racun 

nekooperativnog vlasnika racuna (kako je definisano odjeljkom 1471(d)(6) Zakonika o 

unutrasnjim prihodima SAD-a) iii zatvaranje takvog racuna, ako nadlezni organ SAD-a u 

odnosu na taj racun dobije informacije utvrdene u stavu 2 clana 2 ovog Sporazuma, podlozno 

odredbama clana 3 ovog Sporazuma. 

3. Poseban postupak s penzionim programima Crne Gore- Sjedinjene Drfuve 

tretiraju penzione programe Cme Gore opisane u Aneksu II kao FFI koji ispunjava zahtjeve 

i1i kao izuzetog stvamog vlasnika, zavisno od toga sto je primjereno, za potrebe odjeljaka 

1471 i 1472 Zakonika o unutrasnjim prihodima SAD-a. U tu svrhu penzioni program Cme 

Gore ukljucuje subjekat koji je osnovan iii se nalazi u i regulisan je od strane Cme Gore iii 

unaprijed odreden ugovomi iii pravni aranzman koji funkcionise kako bi se osigurale penzije 

iii penzijske naknade iii ostvario dohodak kojim se osiguravaju takve naknade na osnovu 

zakona Cme Gore i koji je regulisan u pogledu doprinosa, isplata, izvjestavanja, sponzorstva i 

oporezivanja. 

9 
4. Utvrdivanje identiteta i postupak prema drugima za koje se smatra da su FFI 

koje ispunjavaju za\ttjeve i da su izuzeti stvarni vlasnici- Sjedinjene Dr2ave svaku · 

finansijsku instituciju Cme Gore koja nema obavezu izvjestavanja tretiraju kao FFI koji 

ispunjava zahtjeve iii kao izuzetog stvarnog vlasnika, prema potrebi, za potrebe odjeijka 1471 

Zakonika o unutrasnjim prihodima SAD-a. 

5. Posebna pravila o povezanim subjektima i filiialama koii su neucestvujuce 

finansiiske institucije - Ako finansijska institucija Crne Gore, koja inace ispunjava usiove 

opisane u stavu 1 ovog ciana iii je opisana u st. 3 iii 4 ovog clana, ima povezanog subjekta iii 

filijalu koja posiuje u jurisdikciji koja sprjeeava takvog subjekta iii fiiijaiu u ispunjavanju 

zahtjeva za ucestvujucu FFI iii FFI za koju se smatra da ispunjava zahtjeve za potrebe 

odjeijka 1471 Zakonika o unutrasnjim prihodima SAD-a iii ima povezanog subjekta iii 

filijalu koja se tretira kao neucestvujuca finansijska institucija samo zbog isteka preiaznog 

praviia za ogranicene FFI-je i ogranicene filijale na osnovu relevantnih propisa Ministarstva 

finansija SAD-a, takva finansijska institucija Crne Gore nastavija da postupa u skiadu sa 

usiovima iz ovog Sporazuma i dalje ce se tretirati kao FFI za koji se smatra da ispunjava 

zahtjeve iii izuzetim stvarnim vlasnikom, prema potrebi, za potrebe odjeljka 1471 Zakonika o 

unutra8njim prihodima SAD-a, pod uslovom da: 

a) 	 finansijska institucija Cme Gore postupa prema svakom takvom povezanom 

subjektu iii fiiijali kao zasebnoj neueestvujueoj finansijskoj instituciji u smislu 

svih uslova iz ovog Sporazuma o izvjestavanju i oporezivanju po odbitku i svaki 

takav povezani subjekt iii filijala sami se identifikuju licima koja obustavijaju 

porez po odbitku kao neucestvujuea finansijska institucija; 

b) 	 svaki takav povezani subjekt iii fiiijala identifikuje svoje racune u SAD-u i dostavi 

informacije u odnosu na te racune kako se to zahtijeva na osnovu odjeljka 1471 

Zakonika o unutrasnjim prihodima SAD-a u mjeri u kojoj je to dozvoljeno 

relevantnim propisima koji se odnose na odredeni povezani subjekt iii filijalu; i 

c) 	 takav povezani subjekt iii filijala ne vodi iskljucivo racune u SAD-u ciji su 

vlasnici lica koja nijesu rezidenti u jurisdikciji u kojoj se nalazi takav povezani 

subjekt iii filijala iii racune ciji SU vlasnici neucestvujuce finansijske institucije 

koje nijesu osnovane u jurisdikciji u kojoj se naiazi takav povezani subjekt iii 

filijale, te ako takvog povezanog subjekta iii fiiijalu finansijske institucije Crne 

Gore iii bilo koji drugi povezani subjekt ne koristi za izbjegavanje obaveza iz 

ovog Sporazuma iii iz odjeljka 1471 Zakonika o unutra8njim prihodima SAD-a, 

zavisno od slueaja. 

6. Uskladivanje rokova- Izuzetno od st. 3 i 5 clana 3 ovog Sporazuma: 

a) 	 Cma Gora nije obavezna da prikupija i razmjenjuje informacije u odnosu na 

kalendarsku godinu koja prethodi kalendarskoj godini u odnosu na koju treba da 

se dostave IRS-u siicne informacije ucestvujuceg FFI-ja u skladu s reievantnim 

propisima Ministarstva finansija SAD-a; i 

b) 	 Cma Gora nije obavezna da pocne sa razmjenom informacija prije datuma do 

kojeg se od ucestvujucih FFI-ja traZi izvjestavanje IRS-u o slicnim informacijama 

na osnovu relevantnih propisa Ministarstva finansija SAD-a; 

7. Uskladivanje defi~iciia s propisima Ministarstva finansija SAD-a- Izuzetno od 

clana 1 ovog Sporazuma i definicijama predvidenim u Aneksima ovog Sporazuma, kod 

sprovodenja ovog Sporazuma, Crna Gora mo:le da koristi i mo:le da dozvoli finansijskoj 

instituciji Cme Gore primjenu definicija iz relevantnih propisa Trezora SAD-a umjesto 

10 
odgovarajuce definicije iz ovog Sporazuma, pod uslovom da takva primjena ne naru8ava 

potrebe ovog Sporazuma. · 

Clans 


Saradnja u izvrsenju i sprovodenju 


1. Opsta pitanja- U skladu sa bilo kojim dodatnim odredbama definisanim 

sporazumom nadle:Znog organa koji je zakljucen u skladu sa stavom 6 clana 3 ovog 

Sporazuma, nadle:Zni organ SAD-a mofo da napravi dodatne zahtjeve nadle:Znom organu 

Cme Gore, u skladu sa kojim ce nadle:Zni organ Cme Gore obezbijcditi i dostaviti dodatne 

informacije u odnosu na SAD racun o kojem se izvjestava, ukljucujuci izvod sa racuna koji se 

priprema u redovnim aktivnostima izvjestavanja finansijske institucije Cme Gore kojim se 

daje sl!Zetak aktivnosti (ukljucujuCi povlacenja, transfere i zatvaranja) SAD racuna o kojem 

se izvjestava. 

2. Manje i administrativne greske- NadleZni organ SAD-a obavjestava nadle:Zni 

organ Cme Gore kada Nadlezni organ SAD-a osnovano smatra da su administrativne i druge 

manje greske mogle dovesti do izvjestvanja o netaenim iii nepotpunim informacijama iii 

drugim povredama ovog Sporazuma. Nadlezni organ Cme Gore primjenjuje svoje domace 

pravo (ukljucujuci vazece kazne) kako bi dobio tacne i/ili potpune informacije iii rijesio 

druge povrede ovog Sporazuma. 

3. Znacajno krsenje obavezaa) 	 NadleZni organ SAD-a obavjestava nadle:Zni organ Cme Gore kada nadlezni organ 

SAD-a utvrdi da izvjestajna finansijska institucija Cme Gore znacajno ne 

ispunjava obaveze iz ovog Sporazuma. Nadlezni organ Cme Gore primjenjuje 

svoje domace pravo (ukljucujuci vazece kazne) za rjesavanje znaeajnog 

neispunjavanja obaveza opisanih u obavjestenju. 

b) 	 Ako se, u slueaju izvjestajne finansijske institucije Cme Gore, takvim mjerama 

izvrsenja pitanja neispunjavanja obaveza ne rijese u roku od 18 mjeseci od prvog 

dostavljanja obavjestenja o znacajnom neispunjavanju obaveza od strane 

nadle:Znog organa SAD-a, Sjedinjene Dr:Zave ce tretirati izvjestajnu finansijsku 

instituciju Cme Gore kao neucestvujucu finansijsku instituciju u skladu s ovim 

pod-stavom 3(b ). 

4. Oslanjanje na prufaoce usluga trecim licima- Cma Gora moze izvjestajnim 

finansijskim institucijama Cme Gore dozvoliti da koriste pru:Zaoce usluga trecim licima u 

ispunjavanju obaveza koje je Cma Gora nametnula izvjestajnim finansijskim institucijama 

Cme Gore, kako su predvidene ovim Sporazumom, ali te obaveze ostaju odgovomost 

izvjestajnih finansijskih institucija Cme Gore. 

5. Sprjeeavanje izbjegavanja obaveza- Cma Gora primjenjuje potrebne mjere kako 

bi se sprijecila praksa finansijskih institucija cija je svrha izbjegavanje izvjestavanja 

zahtijevanog na osnovu ovog Sporazuma. 

11 
Clan6 


Obostrana spremnost za nastavak unapredenja efikasnosti razmjene informacija i 


transparentnosti 


1. Postupanje prema prolaznim plaeaniima i bruto prtm1c1ma- Strane se 

obavezuju da saraduju, zajedno sa partnerskim jurisdikcijama, u cilju razvoja prakticnog i 

ucinkovitog altemativnog pristupa ostvarivanju ciljeva politike o oporezivanju po odbitku 

stranih prolaznih placanja i bruto primitaka, kojima se opterecenje svodi na najmanju mjeru. 

2. Dokumentacija o racunima koii se vode na dan 30. jun 2014. godine- U odnosu 

na racune o kojima se izvjesava SAD-u koje izvjestajna finansijska institucija Cme Gore vodi 

na dan 30. juna 2014. godine, Cma Gora se obavezuje dace do dana 1. januara 2017. godine, 

za izvjestaje koji se odnose na 2017. godinu i godine koje slijede, uspostaviti pravila kojima 

se od izvjestajnih finansijskih institucija Crne Gore zahtijeva prikupljanje podataka o SAD 

PIB-u svakog odredenog lica iz SAD-a, kako je to predvideno u skladu sa pod-stavom 2(a) 

clana 2 ovog Sporazuma. 

Clan 7 


Dosljednost u primjeni FATCA-e na partnerske jurisdikcije 


I. Crna Gora U.Ziva pogodnosti svih povoljnijih uslova na osnovu clana 4 iii Aneksa I 

ovog Sporazuma u smislu primjene FATCA-e na finansijske institucije Crne Gore date 

drugoj partnerskoj jurisdikciji na osnovu potpisanog bilateralnog sporazuma u skladu sa 

kojim druga partnerska jurisdikcija preuzima iste obaveze kao i Crna Gora opisane u cl. 2 i 3 

ovog Sporazuma i pod istim uslovima opisanim u cl. 5, 6, 7, 10 i 11 ovog Sporazuma. 

2. Sjedinjene Drfave ce obavijestiti Crnu Goru o svim takvim povoljnijim uslovima i 

takvi povoljniji uslovi se primjenjuju automatski na osnovu ovog Sporazuma, kao da su takvi 

povoljniji uslovi bili navedeni u ovom Sporazumu i proizvode dejstvo od datuma stupanja na 

snagu sporazuma u kojem su sadrzani takvi povoljniji uslovi, osim ako Crna Gora odbije 

njihovu primjenu u pisanoj formi. 

Clans 


Procedura obostrane saglasnosti 


1. Ukoliko postoje,razlike iii sumnje izmedu Strana u pogledu sprovodenja, primjene 

iii tumacenja ovog Sporazuma, nadleZni organi ce uloziti napore da rijese pitanja uz 

obostranu saglasnost. 

2. Nadlefui organi mogu da usvoje i sprovode procedure za olaksavanje sprovodenja 

ovog Sporazuma. 

3. Nadlefui organi mogu da komuniciraju jedan sa drugim direktno za potrebe 

postizanja obostrane saglasnosti u smislu ovog clana, 
Clan9 


Povjerljivost 


I. NadleZlli organ Cme Gore ce postupati sa svim informacijama dobijenim od strane 

Sjedinjenih Dl'Zava u skladu sa clanom 5 ovog Sporazuma kao sa povjerljivim informacijama 

i objelodanice te informacije ukoliko to bude neophodno za izvrsavanje svojih obaveza po 

osnovu ovog Sporazuma. Te informacije se mogu objelodaniti u vezi sa sudskim postupcima 

koji se odnose na izvrsavanje obaveza Cme Gore po osnovu ovog Sporazuma. 

2. Informacije koje se dostavljaju.nadleznom organu SAD-au skladu sa cl. 2 i 5 ovog 

Sporazuma ce se tretirati kao povjerljive i mogu biti objelodanjene samo licima iii organima 

(ukljucujuci sudove i administrativna tijela) Vlade Sjedinjenih Drzava koji se have 

odredivanjem, naplatom iii administriranjem, izvrsenjem iii tuzilackim postupkom protiv u 

vezi sa, iii utvrdivanjem zalbenih postupaka u vezi sa, saveznim porezima SAD-a iii 

nadzorom tih funkcija. Ta lica iii organi ce koristiti te informacije samo za te svrhe. Ta lica 

mogu objelodaniti informacije u postupcima javnih sudova iii u pravosudnim odlukama. 

Informacije se ne mogu objeloclaniti bilo kom drugom lieu, subjektu, organu iii jurisdikciji. 

Izuzetno od prethodnog, kada Crna Gora dostavi prethodnu pisanu saglasnost, informacije se 

mogu koristiti za potrebe dozvoljene u skladu sa odredbama medudrfavnih ugovora o 

uzajamnoj pravnoj pomoci koji su na snazi izmedu Strana a koji omogueavaju razmjenu 

poreskih informacija. 

Clan 10 


Konsultacije i izmjene i dopune 


I. U slueaju bilo kakvih poteskoea pri sprovodenju ovog Sporazuma svaka Strana 

moze zatra:liti konsultacije u cilju izrade odgovaraju6ih mjera za osiguranje ispunjenja ovog 

Sporazuma, nezavisno od procedure obostrane saglasnosti koja je opisana u stavu 1 clana 8 

ovog Sporazuma. 

2. Ovaj Sporazum se mo:le izmijeniti i dopuniti uz .Pisanu obostranu saglasnost 

Strana. Osim ako je dogovoreno drugacije, takva izmjena i dopuna stupa na snagu primjenom 

istog postupka utvrdenog u stavu I clan 12 ovog Sporazuma. 

Clan 11 

Aneksi 

Aneksi cine sastavni dio ovog Sporazuma. 

Clan 12 


Trajanje Sporazuma 


I. Ovaj Sporazum stupa na snagu na dan kada Crna Gora uputi pisano obavjes~enje 

Sjedinjenim Drzavama da je ispunila svoje unutra8nje procedure neophodne za stupanJe na 

snagu ovog Sporazuma. 

13 
2. Svaka Strana mo:Ze raskinuti ovaj Sporazum pisanim obavjestenjem o raskidu 

drugoj Strani. Takav raskid proizvodi dejstvo prvog dana u mjesecu nakon isteka perioda od 

12 ntjeseci od datuma obavjestenja o raskidu. 

3. Strane ce se prije 31. decembra 2016. godine u dobroj vjeri konsultovati radi 

izmjena i dopuna ovog Sporazuma, ako to bude potrebno kako bi se odrazio napredak 

ostvaren u ispunjavanju preuzetih obaveza utvrdenih u clanu 6 ovog Sporazuma. 

4. Ukoliko se ovaj Sporazum raskine, obje strane ce i dalje biti obavezane odredbama 

clana 9 ovog Sporazuma u pogledu bilo koje informacije koju su dobile u sk:ladu sa ovim 

Sporazumom. 

U potvrdu toga, nize potpisani, propisno za to ovlasceni od strane svojih Vlada, 

potpisali su ovaj Sporazum. 

Sacinjeno ~·~, u dva primjerka, ~ngleskom i crnogorskom jeziku, pri 

cemu su oba tekstajedn o vjerodostojna, dana ~ .CJJJ\Q 2ofr. godine. 

14 
ANEKSI 


OB4VEZE DUZNE PAZNJE KOD IDENTIFIKOVANJA I IZVJESTAVANJA O 

RACUNIMA KOJI SU PREDMET IZVJESTAVANJA SAD I O UPLATAMA 

ODREDENIM NEUCESTVUJUCIM FINANSIJSKIM INSTITUCIJAMA 

I 	 Opste 

A. 	 Crna Gora ce zahtijevati od finansijskih institucija Crne Gore da primjenjuju 

postupak dume patnje sadrfune u ovom Aneksu I radi utvrdivanja racuna o 

kojima se izvjestava SAD i raeuna koje vode neucestvujuee finansijske institucije. 

B. 	 Za potrebe ovog Sporazuma: 

I. 	 Svi dolarski iznosi su u americkim dolarima i smatra se da ukljucuju 

ekvikvalentne iznose u drugim valutama. 

2. 	 Osim ako u ovom Aneksu nije predvideno drugacije, saldo na racunu iii 

vrijednost raeuna utvrduje se na posljednji dan kalendarske godine iii drugog 

odgovarajuceg izvjestajnog perioda. 

3. 	 Kada se prag salda na racunu iii vrijednosti praga na osnovu ovog Aneksa I 

utvrduje na dan 30. jun 2014. godine, relevantni saldo iii vrijednost utvrduje 

se na taj dan iii na posljednji dan izvjestajnog perioda koji se zavrsava 

neposredno prije 30. juna 2014. godine, a kada se prag stanja iii vrijednosti 

na osnovu ovog Aneksa I utvrduje na posljednji dan kalendarske godine, 

relevantno stanje iii vrijednost utvrduje se na posljednji dan kalendarske 

godine iii drugi odgovarajuci izvjestajni period. 

4. 	 U skladu s podstavom E(l) odjeljka II ovog Aneksa I, racun se smatra 

racunom o kojem se izvjefava SAD od datuma kada je kao takav utvrden u 

postupku dufue pafue iz ovog Aneksa I. 

5. 	 Osim ako nije drugacije predvideno, informacije u odnosu na racun o kojem 

se izvjestava SAD dostav!jaju se godifoje u kalendarskoj godini koja slijedi, 

nakon godine na koju se informacije odnose. 

C. 	 Kao altemativa postupcima opisanim u svakom odjeljku ovog Aneksa I, Crna 

Gora moze izvjeStajnim finansijskim institucijama Cme Gore dozvoliti da u svrhu 

razlikovanja racuna o kojem se izvjestava SAD i racuna neucestvujuee finansijske 

institucije primijene postupke opisane u relevantnim propisima Ministarstva 

Finansija SAD-a. Crna Gora mo:le izvjestajnim finansijskim institucijama Crne 

Gore dozvo!iti ovakav izbor posebno za svaki odjeljak ovog Aneksa I iii u odnosu 

na sve bitne finansijske raeune iii, odvojeno, u odnosu na sve jasno utvrdene 

grupe takvih racuna (po djelatnostima iii lokaciji na kojoj se raeun vodi). 

II 	 Postojeci racuni fizickih Jica- Kako bi se utvrdilo koji su postojeci racuni fizickih lica 

(,,postojeci racuni fizickih lica")racuni o kojima se izvjestava SAD-u, primjenjuju se 

sljedeea pravila i postupci. 

A. 	Racuni koje niie potrebno provjeriti, identifikovati iii priiaviti- Osim ako 

izvjeStajna finansijska institucija Crne Gore ne odluci drugaCije iii u odnosu na 

sve postojeee racune fizickih Jica iii posebno u odnosu na svaku jasno utvrdenu 

grupu takvih racuna, kada pravila za implementaciju Crne Gore omogucuju takav 

Aneks 1-1 
izbor, sljedece postojece racune fizickih lica· nije potrebno provjeriti, 

identifikovati iii prijaviti kao racune o kojima se izvjestava SAD: 

I. 	 Shodnopodstavu E(2) ovog odjeljka, postojeci racun fizickog Iica cije stanje 

iii vrijednost na dan 30.juna 2014. godine ne prelazi 50.000 USD. 

2. 	 Shodno podstavu E(2) ovog odjeljka, postojeci racun fizickog lica uz koje se 

vefo ugovor o osiguranju uz mogucnost isplate noveane vrijednosti iii 

ugovor o rentnom osiguranju cije je stanje iii vrijednost na dan 30. juna 

2014. godine jednako iii manje od 250.000 USO. 

3. 	 Postojeci racun fizickog lica uz koje se vefo ugovor o osiguranju uz 

mogucnost isplate novcane vrijednosti iii ugovor o rentnom osiguranju pod 

uslovom da pravo iii propisi Sjedinjenih Drfava iii Cme Gore sustinski 

sprjeeavaju prodaju takvog ugovora o osiguranju uz moguenost isplate 

noveane vrijednosti iii ugovora o rentnom osiguranju rezidentima SAD-a, 

(npr. ako relevantna finansijska institucija nema potrebnu registraciju u 

skladu sa zakonima SAD-a i propisi Cme Gore nalafu prijavljivanje iii 

oporezivanje po odbitku u odnosu na proizvode osiguranja ciji su vlasnici 

rezidenti Cme Gore). 

4. 	 Depozitni raeun cije je stanje jednako iii manje od 50.000 USD. 

B. 	 Postupci provjere postojecih racuna fizickih lica cije stanje iii vrijednost na 

dan 30. jun 2014. godine prelazi 50.000 USD (250.000 USD u slucaju ugovora 

o osiguranju uz mogucnost isplate noveane vrijednosti iii ugovora o rentnom 

osiguranju), ali ne prelazi 1.000.000 USD (,,racuni manje vrijednosti"). 

I. 	Elektronsko pretrazivanje evidencija- izvjestajna finansijska institucija 

Cme Gore mora provjeriti podatke koje je moguce elektronski pretraiivati, 

koje vodi izvjestajna finansijska institucija Cme Gore, za svaki od sljedecih 

pokazatelja koji upucuju na SAD: 

a) 	 identifikacija vlasnika racuna kao drfavljanina SAD-a iii rezidenta 

SAD-a; 

b) nedvosmisleno upucivanje na mjesto rodenja u SAD-u; 

c) vaieea postanska adresa iii adresa prebivalista je u SAD-u 

(ukljucujuci i postansko sanduee u SAD-u); 

d) vaieci telefonski broj u SAD-u; 

e) trajni nalog za prenos sredstava na racun koji se odrfava u 

Sjedinjenim Drfavama; 

f) vaiece punomocje iii ovlascenje za potpisivanje dato lieu koje ima 

adresu u SAD-u; iii 

g) 	 adresa iz usluge iii adresa za zadr:lavanje poste jedina je adresa 

vlasnika racuna koju izvjestajna finansijska institucija FATCA 

Partnera ima u evidenciji. U slucaju postojeceg raeuna fizickog lica 

koji je raeun manje vrijednosti, adresa iz usluge izvan Sjedinjenih 

Drfava iii adresa za zadr:lavanje poste ne smatra se pokazateljem 

koji upucuje na SAD. 

2. 	 Ako se elektronskim pretrazivanjem ne utvrdi nijedan pokazatelj koji 

upueuje na SAD, naveden u podstavu B(I) ovog odjeljka, nije potrebno 

poduzimati dodatne mjere sve dok ne nastupe izmijenjene okolnosti na 

osnovu kojih se racunu mofo pripisati jedan iii nekoliko pokazatelja koji 

upueuju na SAD iii dok racun ne postane racun velike vrijednosti opisan u 

stavu D ovog odjeljka. 

3. 	 Ukoliko se elektronskim pretrazivanjem utvrdi bilo koji pokazatelj koji 

upucuje na SAD, naveden u podstavu B(I) ovog odjeljka, iii izmijenjene 

Aneks 1-2 
okolnosti dovedu do toga da se jedan iii vise pokazatelja koji upucuju na 

SAD mogu povezati s raeunom, tada je izvjestajna finansijska institucija 

Cme Gore dufoa da prema tom raeunu postupi kao prema racunu o kojem se 

izvjestava SAD-u, osim ako odluci da primijenjuje podstav 8(4) ovog 

odjeljka i ako se jedan od izuzetaka iz tog podstava primjenjuje u odnosu na 

taj raeun. 

4. Izuzetno od pronalatenja pokazatelja koji upucuju na SAD iz podstava 8(1) 

ovog odjeljka, izvjestajna finansijska institucija Cme Gore nije dufoa da 

postupa prema racunu kao da je racun o kojem se izvjestava SAD ako: 

a) Informacije o vlasniku racuna nedvosmisleno upucuju na njegovo 

mjesto roilenja u SAD-u, a izvjestajna finansijska institucija 

FATCA Partnera je pribavila iii je ranije provjerila i u evidenciji 

vodi: 

1. 	 izjavu vlasnika racuna da nije ni dl"Zavljanin SAD-a ni 

rezident SAD-a za potrebe oporezivanja (koja moze biti na 

obrascu W-8 IRS-a iii nekom slicnom dogovorenom 

obrascu); 

ii. 	 posos koji nije americki iii drugu identifikacionu ispravu 

izdatu od drfavnih organa kojom se dokazuje drfavljanstvo 

iii nacionalna pripadnost vlasnika racuna u zemlji razlicitoj 

od Sjedinjenih Drfava; i 

iii. kopiju potvrde 	 vlasnika racuna o gubitku drfavljanstva 

Sjedinjenih Drfava iii prihvatjivo objasnjenje o: 

(a) 	 razlogu zbog kojeg vlasnik racuna nema takvu 

potvrdu uprkos odricanju od drfavljanstva SAD-a; 

iii 

(b) 	 razlogu zbog kojeg vlasnik racuna nije rodenjem 

ostvario pravo na americko drfavljanstvo. 

b) 	 Ako informacije o vlasniku racuna sadr:le podatak o vazeeoj 

postanskoj adresi iii adresi prebiva/ista u SAD-u, iii jedan iii vise 

telefonskih brojeva u SAD-u koji su jedini telefonski brojevi 

navedeni uz racun, a izvjestajna finansijska institucija Crne Gore 

je dobila iii je ranije provjerila i u evidenciji vodi: 

i. 	 izjavu vlasnika raeuna da nije ni drfavljanin SAD-a ni 

rezident SAD-a za potrebe oporezivanja (koja moze biti na 

obrascu W-8 IRS-a iii nekom slicnom dogovorenom 

obrascu); i 

11. 	 dokumentovani dokaz, kako je definisano stavom D 

odjeljka VI. ovog Aneksa I, kojim se utvrduje status 

vlasnika racuna izvan SAD-a. 

c) 	 Ako informacije o vlasniku racuna sadr:le trajni nalog za prenos 

sredstava na racun u Sjedinjenim Drzavama, a izvjestajna 

finansijska institucija Crne Gore je dobila iii je ranije provjerila i u 

evidenciji vodi: 

i. 	 izjavu ylasnika racuna da nije ni dnavljanin SAD-a ni 

rezident SAD-a za potrebe oporezivanja (koja mo:le biti na 

obrascu W-8 IRS-a iii nekom slicnom dogovorenom 

obrascu); i 

ii. 	 dokumentovani dokaz, kako je definisano stavom D 

' odjeljka 	 VI. ovog Aneksa I, kojim se utvrduje status 

vlasnika racuna izvan SAD-a. 

Aneks 1-3 
d) 	 Ako infonnacije o vlasniku raeuna sadrze i vazece punomocje iii 

ov/ascenje za potpisivanje izdate lieu s adresom u SAD-u, adresu 

iz us/uge iii adresu za zadrzavanje poste koja je jedina utvrilena 

adresa vlasnika racuna iii jedan iii vise brojeva telefona u SAD-u 

(ako je i telefonski broj izvan SAD-a takoile naveden uz podatke o 

racunu), a izvjestajna finansijska institucija Cme Gore je dobila iii 

je ranije provjerila i u evidenciji vodi: 

i. 	 izjavu vlasnika racuna da nije ni drfavljanin SAD-a ni 

rezident SAD-a za potrebe oporezivanja (koja mofo biti na 

obrascu W-8 IRS-a iii nekom slicnom dogovorenom 

obrascu); iii 

ii. 	 dokumentovani dokaz, kako je definisano stavom D 

odjeljka VI ovog Aneksa I, kojim se utvrduje status 

vlasnika racuna izvan SAD-a. 

C. 	 Dodatni postupci koji se primjenjuju na postojece racune fizickih lica koji su 

raeuni manje vrijednosti 

1. 	 Provjera postojecih racuna fizickih lica koji su racuni manje vrijednosti na 

osnovu pokazatelja koji upucuju na SAD mora biti zavrsena do 30. juna 

2016. godine. 

2. 	 Ukoliko dode do promjene okolnosti u odnosu na postojeci racun fizickog 

lica koji je racun manje vrijednosti tako da se jedan iii vise pokazatelja koji 

upucuju na SAD opisanih u podstavu B(l) ovog odjeljka mogu povezati s 

racunom, tada je izvjestajna finansijska institucija Cme Gore dufua da 

prema tom racunu postupa kao prema racunu o kojem se izvjeStava SAD, 

osim ako se ne primjenjuju odredbe iz podstava B( 4) ovog odjeljka. 

3. 	 Osim za depozitne racune opisane u podstavu A( 4) ovog odjeljka, sa svakim 

postojeCim racunom fizickog lica za koji se na osnovu ovog odjeljka 

identifikovao kao racun o kojem se izvjestava SAD u svim godinama koje 

slijede postupa se kao sa racunom o kojem se izvjestava SAD, osim ako 

vlasnik racuna prestane da bude odredeno lice iz SAD-a. 

D. 	 Postupak napredne provjere postojecih racuna fizickih lica cije stanje iii 

vrijednost na dan 30. jun 2014. godine iii 31. decembar 2015. godine iii svake 

naredne godine prelazi 1.000.000 USD (,,raeuni velike vrijednosti"). 

I. 	Elektronsko pretrazivanje evidencija- Izvjestajna finansijska institucija 

Cme Gore mora provjeriti podatke koje je moguce elektronski pretraZivati, 

koje vodi izvjestajna finansijska institucija Cme Gore, za svaki od sljedecih 

pokazatelja koji upucuju na SAD opisanih u podstavu B(l) ovog odjeljka. 

2. 	 Pretrazivanje evidencija koje se vode na papiru- Ako baza podataka 

izvjestajne finansijske institucije Cme Gore, koju je moguce elektronski 

pretrazivati sadni polja u koja se unose svi podaci opisani u podstavu D(3) 

ovog odjeljka, nije potrebno dalje pretraZivanje evidencija koje se vode na 

papiru. Ako elektronska baza podataka ne sadrzi sve navedene podatke, 

izvjestajna finansijska institucija Cme Gore mora u odnosu na racune velike 

vrijednosti izvrsiti i provjeru postojece glavne datoteke klijenta, kao 

sijedecih isprava pridrufonih racunu, ako podaci o njima njeisu sadrfani u 

aktuelnoj glavnoj datoteci klijenta, koje je izvjestajna finansijska institucija 

· Cme Gore prikupila u posljednjih pet godina, za svaki od pokazatelja koji 

upucuje na SAD opisan u podstavu B(l) ovog odjeljka: 

a) najnoviji dokumentovani dokaz prikupljen u odnosu na raeun; 

b) najnoviji ugovor iii isprave o otvaranju racuna; 

Aneks 1-4 

i 
c) 	 najnoviju dokumentaciju koju je izvjeStajna finansijska institucija 

Cme Gore prikupila u skladu s postupkom SPN/KYC iii u druge 

regulatorne svrhe; 

d) 	 svako va2ece punomocje iii ovlascenje za potpisivanje; i 

e) 	 svaki vafoci trajni nalog za prenos sredstava. 

3. 	 Izuzetak kada haze podataka sadde dovolino informaciia- Izvjestajna 

finansijska institucija Cme Gore nije duZlla da pretra2uje evidenciju koja se 

vodi na papiru opisanu u podstavu D(2) ovog odjeljka ako informacije 

izvjestajne finansijske institucije Cme Gore koje je moguce elektronski 

pretrazivati sadrfo sljedece: 

a) 	 podatak o drfavljanstvu iii rezidentnosti vlasnika raeuna; 

b) 	 adresu prebivalista vlasnika racuna i vafocu postansku adresu iz 

dokumentacije koju vodi izvjestajna finansijska institucija Crne 

Gore; 

c) 	 telefonski broj iii brojeve vlasnika racuna koji su u evidenciji 

izvjestajne finansijske institucije Cme Gore, ako postoje; 

d) 	 ukoliko postoji trajni nalog za prenos sredstava s racuna na drugi 

racun (ukljucujuci racun u drugoj poslovnici izvjestajne finansijske 

institucije Cme Gore iii u drugoj finansijskoj instituciji); 

e) 	 ukoliko postoji vazeea adresa iz usluge iii adresa za zadrfavanje 

poste vlasnika racuna; i 

f) ukoliko postoji punomocje iii ovla8cenje za potpisivanje po racunu. 

4. 	 Provjera saznanja menadzera za odnose s klijentima- Osim prethodno 

opisanih pretra2ivanja evidencija koje se vode elektronski i na papiru, 

izvjestajna finansijska institucija Crne Gore mora sve raeune velike 

vrijednosti koji su dodijeljeni menadforu za odnose s klijentima (ukljueujuci 

i sve racune koji su pridruzeni tom racunu velike vrijednosti) da tretira kao 

raeune o kojima se izvjestava SAD, ako menadfor za odnose s klijentima 

ima saznanja da je vlasnik raeuna odredeno lice iz SAD-a. 

5. Efekat otkrivanja indikatora koii upucuju na SADa) Ako naprednom provjerom prethodno opisanih racuna velike 

vrijednosti nije utvrden nijedan indikator koji upucuje na SAD iz 

podstava 8(1) ovog odjeljka i ako je utvrdeno da vlanik racuna nije 

odredeno lice iz SAD-a iz podstava D( 4) ovog odjeljka, tada nije 

potrebno sprovoditi dalje mjere sve dok ne nastupe nove okolnosti 

na osnovu kojih se raeunu mofo pridruziti jedan iii nekoliko 

indikatora koji upucuju na SAD. 

b) Ukoliko se otkrije prethodno opisanom naprednom provjerom 

raeuna velike vrijednosti bilo kakav indikator koji upucuje na SAD 

naveden u podstavu 8(1) ovog odjeljka iii nastupe naknadne 

promjene okolnosti tako da se jedan iii vise indikatora koji upucuju 

na SAD mogu povezati s racunom, tada izvjestajna finansijska 

institucija Cme Gore mora da postupi prema tom racunu kao prema 

racunu o kojem se izvjestava SAD, osim ako izabere da primijeni 

podstav B( 4) ovog odjeljka i ako se u odnosu na taj raeun 

primjenjuje jedan od izuzetaka iz tog podstava. 

c) 	 Osim za depozitne raeune opisane u podstavu A(4) ovog odjeljka, 

sa svakim postojecim racunom fizickog lica za koji se na osnovu 

ovog odjeljka utvrdi da je racun o kojem se izvjestava SAD svake 

naredne godine postupa se kao s raeunom o kojem se izvjestava 

SAD, osim ako vlasnik racuna prestane da bude odredeno lice iz 

SAD-a. 

Aneks l-5 
E. 	 Dodatni postupci koii se primjenjuju na raeune velike vrijednosti 

I. 	Ako je na dan 30. juna 2014. godine postojeci racun fizickog lica racun 

velike vrijednosti, izvjestajna finansijska institucija Cme Gore mora do 30. 

juna 2015. godine da sprovede postupak napredne provjere u odnosu na 

takav racun, opisan u stavu D ovoga odjeljka. Ako se takvom provjerom 

_utvrdi da je taj racun racun o kojem se izvjestava SAD na dan iii prije 31. 

decembra 2014. godine, izvjestajna finansijska institucija Cme Gore mora o 

njemu da dostavi tral:ene informacije u odnosu na 2014. godinu u prvom 

izvjestaju o tom racunu i nakon toga na godisnjoj osnovi. Ako se nakon 31. 

decembra 2014. godine i na dan iii prije 30. juna 2015. godine utvrdi da je 

racun racun o kojem se izvjestava SAD, izvjestajna finansijska institucija 

Crne Gore nije dufoa dostaviti informacije o tom racunu u odnosu na 2014. 

godinu, ali nakon toga mora dostavljati informacije o racunu na godisnjoj 

osnovi. 

2. 	 Ako na dan 30. juna 2014. godine postojeci racun fizickog iica nije racun 

velike vrijednosti, aii posljednjeg dana 2015. iii bilo koje naredne 

kaiendarske godine postane raeun velike vrijednosti, izvjestajna finansijska 

institucija Crne Gore mora u roku od sest mjeseci nakon posljednjeg dana 

kaiendarske godine u koioj je racun postao raeun velike vrijednosti da 

sprovede postupke napredne provjere u odnosu na takav racun opisane u 

stavu D ovog odjeijka. Ukoliko se utvrdi takvolh provjerom da je taj racun 

racun o kojem se izvjestava SAD, izvjestajna finansijska institucija Crne 

Gore mora dostaviti trafone informacije o tom racunu u odnosu na godinu u 

kojoj je utvrdeno da je rijec o racunu o kojem se izvjestava SAD i za godine 

koje slijede na godisnjoj osnovi, osim ako vlasnik racuna prestane da bude 

odredeno lice SAD-a. 

3. 	 Nakon sto izvjestajna finansijska institucija Cme Gore primijeni postupke 

napredne provjere racuna veiike vrijednosti opisane u stavu D ovog odjeijka, 

izvjestajna finansijska · institucija Crne Gore nije dufoa da ponovi takve 

postupke provjere istog raeuna veiike vrijednosti u svakoj godini koja siijedi, 

osim upita menadforu za odnose s klijentima opisanih u podstavu D(4) 

ovoga odjeljka. 

4. 	 Ako dode do promjene okolnosti u odnosu na racun velike vrijednosti tako 

da se utvrdi jedan iii vise indikatora koji upucuju na SAD a koji su opisani u 

podstavu B(l) ovog odjeljka, izvjestajna finansijska institucija Cme Gore 

mora da postupi prema racunu kao racunu o kojem se izvjestava SAD, osim 

ako izabere da primjeni podstav 8(4) ovog odjeijka i ako se u odnosu na taj 

raeun primjenjuje jedan od izuzetaka iz tog podstava. 

5. 	 Izvjestajna finansijska institucija Cme Gore mora da sprovede postupke 

pomocu kojih menadzer za odnose s kiijentima mo:l:e da utvrdi svaku 

promjenu okoinosti racuna. Na primjer, ako menadzer za odnose s klijentima 

dobije obavjestenje da viasnik raeuna ima novu poStansku adresu u 

Sjedinjenim Drfavama, izvjestajna finansijska institucija Cme Gore dufoa je 

novu adresu smatrati promjenom okoinosti i, ako odluci da primijeni podstav 

B( 4) ovoga odjeijka, dufoa je da od vlasnika raeuna prikupi odgovarajucu 

dokumentaciju. 

F. 	 Postojeci racuni fizickih Iica dokumentovani za druge odredene svrhe 

Izvjestajna finansijska institucija Cme Gore koja je prethodno od vlasnika racuna 

prikupila dokumentaciju i utvrdila da viasnik raeuna nije ni drfavljanin SAD-a niti 

je rezident SAD-a, kako bi ispuniia svoje obaveze kao kvalifikovani posrednik, 

Aneks i-6 
inostrano.? p~~er~t~a koje primjenjuje porez po odbitku na izvoru iii inostranog 

trusta koJI pnmJeUJUJe porez po odbitku na izvoru na osnovu sporazuma sa IRSom. iii sv.~je o?aveze na osnovu poglavlja 61 glave 26 Zakonika Sjedinjenih 

Drzava, n!Je duzna da sprovede postupke opisane u podstavu B(l) ovog odjeljka u 

odnosu na racune male vrijednosti iii iz podstava D(l) do 0(3) ovog odjeljka u 

odnosu na racune velike vrijednosti. 

III Novi racuni fizickih lica- Sljedeea pravila i postupci primjenjuju se u svrhu utvrdivanja 

racuna o kojima se izvjestava SAD-u medu finansijskim racunima,ciji su vlasnici fizicka 

lica i koji su otvoreni na dan iii nakon I. jula 2014. godine (,,novi raeuni fizickih lica"). 

A. 	 Raeuni koje nije potrebno provjeriti, utvrditi iii priiaviti- Osim ako izvjestajna 

finansijska institucija Crne Gore ne odluci drugacije iii u odnosu na sve nove 

racune fizickih lica iii odvojeno u odnosu na svaku jasno utvrdenu grupu takvih 

racuna, kada implementaciona pravila Cme Gore omogueavaju takav izbor, 

sljedece nove raeune fizickih lica nije potrebno provjeriti, utvrditi iii prijaviti kao 

raeune o kojima se izvjestava SAD: 

l. 	Depozitni racun, osim ako stanje racuna na kraju kalendarske godine iii 

drugog odgovarajuceg izvjestajnog perioda prelazi 50.000 USO. 

2. 	 Raeun uz koji se vefo za ugovor o osiguranju uz mogucnost isplate novcane 

vrijednosti, ako novcana vrijednost na kraju kalendarske godine iii drugog 

odgovarajuceg izvjestajnog perioda prelazi 50.000 USO. 

B. 	 Drugi novi racuui fizickih Iica- U odnosu na nove racune fizickih lica koji nijesu 

opisani u stavu A ovog odjeljka, nakon otvaranja racuna (iii u roku od 90 dana po 

isteku kalendarske godine u kojoj se racun vise nije opisan u stavu A ovog 

odjeljka) izvjestajna finansijska institucija Cme Gore mora pribaviti izjavu, koja 

moze biti sastavni dio dokumentacije potrebne za otvaranje racuna, kojom se 

izvjestajnoj finansijskoj instituciji Cme Gore dozvoljava da mofo utvrditi da Ii je 

vlasnik racuna rezident Sjedinjenih DrZava za potrebe oporezivanja (u tom smislu, 

smatra se da je drfavljanin SAD-a rezident Sjedinjenih Drfava za potrebe 

oporezivanja cak i ako je vlasnik racuna poreski rezident i u nekoj drugoj 

jurisdikciji) i potvrditi vjerodostojnost takve izjave na osnovu informacija koje 

izvjestajna finansijska institucija Cme Gore prikupi pri otvaranju racuna, 

ukljucujuci i svu dokumentaciju prikupljenu u postupcima SPN/KYC. 

I. 	 Ako se iz izjave utvrdi da je vlasnik racuna rezident Sjedinjenih Drfava za 

potrebe oporezivanja, izvjestajna finansijska institucija Cme Gore mora 

postupati prema racunu kao prema racunu o kojem se izvjestava SAD i 

dobiti izjavu koja sadrzi amerie\ki PIB vlasnika racuna (koji moze biti na 

obrascu W-9 IRS-a iii drugom slicnom dogovorenom obrascu). 

2. 	 Ukoliko dode do promjene okolnosti u odnosu na novi raeun fizickog Iica 

slijedom zbog kojih izvjestajna finansijska institucija Cme Gore zna iii ima 

razlog da smatra da je prvobitna izjava netacna iii nepouzdana, izvjestajna 

finansijska institucija Cnie Gore se ne moze pouzdati u prvobitnu izjavu i 

dufua je da dobije valjanu izjavu da je vlasnik racuna drnvljanin SAD-a iii 

rezident SAD-a za potrebe oporezivanja. Ako izvjestajna finansijska 

institucija Cme Gore nije u mogucnosti da dobije valjanu izjavu, dufua je da 

prema tom racunu postupati kao prema racunu o kojem se izvjestava SAD. 

Aneks 1-7 
IV Post~jeci racuni subjekata- Sljedeea pravila i postupci primjenjuju se u svrhu 

~tv~d1v~.nja racuna o kojima se izvjestava SAD-u i racuna neucestvujucih finansijskih 

mst1tuc1Ja medu postojecim racunima ciji su vlasnici subjekti ( postojeci racuni 

subjekata"). 	 " 

A. 	Racuni subjekata koje niie potrebno provjeriti, utvrditi iii prijaviti- Osim ako 

izvjestajna finansijska institucija Cme Gore ne odluci drugacije iii u odnosu na 

sve postojece racune subjekata iii zasebno u odnosu na svaku jasno utvrdenu 

grupu takvih racuna, kada implementaciona pravila Cme Gore omogucuju takav 

izbor, postojeci racun subjekta cije stanje iii vrijednost na dan 30. juna 2014. 

godine ne prelazi 250.000 USD nije potrebno provjeriti, utvrditi iii prijaviti kao 

racun o kojem se izvjestava SAD, sve dok stanje na racunu iii vrijednost racuna ne 

prelazi 1.000.000 USD. 

B. 	 Racuni subjekata koii podliiefo provjeri- Postojeci raeun subjekta cije stanje iii 

vrijednost na dan 30. juna 2014. godine prelazi 250.000 USD, kao i postojeci 

racun subjekta cije stanje na dan 30. juna 2014. godine ne prelazi 250.000 USD, 

ali stanje na raeunu iii vrijednost raeuna na posljednji dan 2015. godine iii bilo 

koje kalendarske godine koja slijedi prelazi 1.000.000 USD, mora biti provjeren u 

skladu s postupcima utvrdenima u stavu D ovog odjeljka. 

C. 	 Raeuni subjekata u odnosu nil koje je potrebno izvjestavati- U odnosu na 

postojece racune subjekata opisanih u stavu B ovoga odjeljka, samo racuni ciji su 

vlasnici jedan iii vise subjekata koji su odredena lica iz SAD-a iii pasivni NFSS-i 

koji su pod kontrolom jednog iii vise lica koja su dl"Zavljani SAD-a iii rezidenti 

SAD-a smatraju se racunima o kojima se izvjestava SAD. Osim toga, racuni kod 

neucestvujucih finansijskih institucija smatraju se racunima za koje se nadlefuom 

organu Cme Gore prijavljuju zbime uplate opisane u podstavu l(b) clana 4 

Sporazuma. 

D. 	Postupak provjere radi identifikovanja racuna subjekata u odnosu na koje je 

potrebno izvjestavati- Na postojece racune subjekata opisane u stavu B ovog 

odjeljka izvjestajna finansijska institucija Cme Gore mora da primijeni sljedece 

postupke provjere kako bi utvrdila da Ii je vlasnik racuna odredeno lice iii lica iz 

SAD-a, da Ii racun vodi pasivni NFSS koji je pod kontrolom jednog iii vise lica 

koja su drfavljani SAD-a iii rezidenti SAD-a iii ga vode neucestvujuce finansijske 

institucije: 

1. 	 Utvroivanje da Ii je subjekat odreoeno lice iz SAD-a 

a) 	 Provjera informacija koji se vode u regulatorne svrhe iii radi 

odnosa s klijentom (ukjucujuci informacije prikupljene u 

SPN/KYC postupcima) kako bi se utvrdilo da Ii informacije 

upucuju na to da je vlasnik racuna lice iz SAD-a. Za tu svrhu, 

informacije· koje upucuju na to da je vlasnik racuna lice iz SAD-a 

ukljueuju podatke o mjestu osnivanja ili ogranizovanja u SAD-u ili 

adresu u SAD-u. 

b) 	 Ako informacije upucuju na to da je v!asnik racuna lice iz SAD-a, 

izvjestajna finansijska institucija Cme Gore mora da smatra raeun 

racunom o kojein se izvjestava SAD, osim ako dobije potvrdu od 

vlasnika racuna (koja mo:Ze biti na obrascu W-8 iii W-9 IRS-a iii 

slicnom dogovorenom obrascu) iii pouzdano utvrdi na osnovu 

informacija kojima raspol!!Ze ili javno dostupnim informacijama, 

da vlasnik raeuna nije odredeno lice iz SAD-a. 

Aneks 1-8 
2. Utvrilivanje da Ii je snbjekat koji niie iz SAD-a finansiiska institucija 

a) Provjera informacija koji se vode u regulatorne svrhe iii radi 

odnosa s klijent_om (ukjueujuci informacije prikupljene u 

SPN/KYC postupcima) kako bi se utvrdilo upucuju Ii informacije 

na to da je vlasnik racuna finansijska institucija. 

b) 	 Ako informacije upucuju na to da je vlasnik racuna finansijska 

institucija iii ako izvjestajna finansijska institucija Crne Gore 

provjerom utvrdi da je globalni identifikacioni broj posrednika 

vlasnika raeuna objavljen na listi IRS-ovih SFI-ja, tada racun nije 

racun o kojem se izvjestava SAD. 

3. Utvrilivanje da Ii je finansijska institucija neucestvujuea finansijska 

institucija prema kojoj uplate podlijefo obavezi zbirnog izvje5tavanja 

na osnovu podstava l(b) clana 4 Sporazuma 

a) U skladu sa podstavom D(3)(b) ovog odjeljka, izvjestajna 

finansijska institucija Crne Gore moZ:e utvrditi da Ii je vlasnik 

racuna finansijska institucija Crne Gore iii finansijska institucija u 

drugoj partnerskoj jurisdikciji, ako izvjestajna finansijska 

institucija Crne Gore pouzdano utvrdi da vlasnik raeuna ima takav 

status na osnovu globalnog identifikacionog broja posrednika 

vlasnika racuna objavljenog na popisu IRS-ovih SFI-ja iii na 

osnovu drugih javno dostupnih informacija iii onih koje posjeduje 

izvjestajna finansijska institucija Crne Gore u zavisnosti od toga 

sto je primjenjivo. u tom slueaju nijesu potrebne dalje provjere, 

utvrdivanje iii izvjestavanje u odnosu na raeun. 

b) Ako je vlasnik raeuna finansijska institucija Crne Gore iii 

finansijska institucija u drugoj partnerskoj jurisdikciji, koju IRS 

smatra neucestvujufom finansijskom institucijom, tada raeun nije 

raeun o kojem se izvjestava SAD, ali uplate vlasniku racuna 

podlije:lu izvjestavanju, kako je predvideno u podstavu l(b) clana 4 

Sporazuma. 

c) 	 Ako vlasnik racuna nije finansijska institucija Crne Gore iii 

finansijska institucija u drugoj partnerskoj jurisdikciji, tada je 

izvjestajna finansijska institucija Crne Gore dufua da .vlasnika 

racuna tretira kao neucestvujucu finansijsku instituciju prema kojoj 

up late podlije:lu obavezi izvjestavanja na osnovu podstava 1(b) 

clana 4 Sporazuma, osim ako izvjestajna finansijska institucija 

Cme Gore: 

i. 	 pribavi izjavu (koja moZ:e biti na obrascu W-8 IRS-a iii 

slienom dogovorenom obrascu) od vlasnika racuna da je 

rijec o ovlascenom SFI-ju za koji se sinatra da ispunjava 

zahtjeve iii izuzetom stvarnom vlasniku, kako su ti izrazi 

definisani relevantnim propisima Ministarstva finansija 

SAD-a; iii 

ii. 	 u slueaju ucestvujuceg SFI-ja iii registrovanog SFI-ja za 

koji se smatra da ispunjava zahtjeve provjerava se globalni 

identifikacioni broj posrednika vlasnika racuna objavljen na 

Iisti IRS-ovih SFI-ja. 

4. 	 Utvrilivanje da Ii je raeun ciii je vlasnik NFSS. racun o kojem se 

izvje5tava SAD- U odnosu na vlasnika postojeceg racuna subjekta za koji 

nije utvrdeno da je lice iz SAD-a niti da je finansijska institucija, izvjestajna 

finansijska institucija Cme Gore mora da identifikuje (i) ima Ii vlasnik 

raeuna Iica koje ga kontrolisu, (ii) da Ii je vlasnik racuna pasivni NFSS i (iii) 

Aneks 1-9 
da !i je bilo koje lice koja kontrolise vlasnika racuna drfuvljanin SAD-a iii 

;ez1~en~.SAD-a. U procesu utvrdivanja ovih cinjenica izvjestajna finansijska 

mst1tuc11a Crne Gore mora da postupi u skladu s smjernicama iz podstava od 

D(4)(a) do D(4)(d) ovog odjeljka, redosljedom koji je najprimjereniji u 

datim okolnostima. 

a) U svrhu utvrdivanja lica koje kontrolisu vlasnika racuna izvjestajna 

finansijska institucija Cme Gore mofo se osloniti na informacije 

koje je prikupila i koje vodi u sklatlu s SPN/KYC postupcima. 

b) U svrhu utvrdivanja da Ii je vlasnik racuna pasivni NFSS, 

izvjestajna finansijska institucija Cme Gore mora od vlasnika 

raeuna dobiti izjavu (koja mofo biti na obrascu W-8 iii W-9 IRS-a 

iii na slicnom dogovorenom obrascu) kako bi utvrdila njegov 

status, osim ako posjeduje informacije iii ako postoje javno 

dostupne informacije na osnovu kojih mofo pouzdano utvrditi da je 

vlasnik racuna aktivni NFSS. 

c) U svrhu utvrdivanja da Ii je lice koje kontrolise pasivni NFSS 

drfuvljanin SAD-a iii rezident SAD-a za potrebe oporezivanja, 

izvjestajna finansijska institucija Crne Gore moze se osloniti na: 

i. 	 informacije koje je prikupila i koje vodi u skladu s 

SPN/KYC postupcima ako je rijec o postojecim racunima 

subjekata kod jednog NFSS-a iii vise njih cije stanje iii 

vrijednost ne prelazi 1.000.000 USD; iii 

ii. 	 izjavu (koja moZe biti na obrascu W-8 iii W-9 IRS-a iii na 

slicnom dogovorenom obrascu) vlasnika racuna iii lica koje 

ga kontrolise ako je rijec o postojecem raeunu subjekta kod 

jednog iii vise NFSS-a cije stanje iii vrijednost prelazi 

1.000.000 USD. 

d) 	 Ako je bilo koje lice koje kontrolise pasivni NFSS dmvljanin 

SAD-a iii rezident SAD-a, raeun se smatra racunom o kojem se 

izvjestava SAD. 

E. 	 Rokovi za provjeru i dodatni postupci koii se primjenjuiu na postojece 

racune subjekata 

I. 	 Provjera postojecih racuna subjekata cije stanje iii vrijednost na dan 30. juna 

2014. prelazi 250.000 USD mora biti zavrsena do 30.juna 2016. godine. 

2. 	 Provjera postojecih racuna subjekata cije stanje iii vrijednost na dan 30. juna 

2014. godine ne prelazi 250.000 USD, ali na dan 31. decembra 201.5. godine 

iii bilo koje naredne godine prelazi I .000.000 USD, mora biti okoncana u 

roku od sest mjeseci nakon posljednjeg dana kalendarske godine u kojoj 

stanje raeuna iii vrijednost prelazi 1.000.000 USD. 

3. 	 Ukoliko se promijene okolnosti u odnosu na postojece racune subjekta tako 

da izvjestajna finansijska institucija Crne Gore zna iii ima razlog da smatra 

da je izjava iii druga dokumentacija u vezi s I'acunom netacna iii 

nepouzdana, izvjestajna finansijska institucija Cme Gore mora ponovo da 

utvrdi status raeuna u skladu s postupcima utvrdenima u stavu D ovog 

odjeljka. 

V 	 Novi racuni subjekata- Sljedeea pravila i postupci primjenjuju se u svrhu utvrdivanja 

racuna o kojima se izvjestava SAD i raeuna neucestvujucih finansijskih institucija medu 

finansijskim racunima ciji su vlasnici subjekti i koji su otvoreni na dan iii nakon I. jula 

2014. godine (,,novi racuni subjekata"). 

Aneks 1-10 
A. 	 ~~uni_subjekata koje nije potrebno provjeriti, utvrditi iii priiaviti- Osim ako 

IZVJeStaJna finansijska institucija Cme Gore ne odluci drugacije iii u odnosu na 

sve ?ove racune subjekata iii zasebno u odnosu na svaku jasno utvrdenu grupu 

t~~1h raeuna, kada implementaciona pravila Crne Gore omogucavaju takav izbor, 

DIJe potrebno provjeriti, utvrditi iii prijaviti racun kreditne kartice iii revolving 

kreditnu liniju, koji se smatraju novim racunom subjekta, pod uslovom da 

izvjestajna finansijska institucija Crne Gore koja vodi takve racune sprovodi 

politike i postupke kojima se sprjeeava da dugovanje vlasniku racuna ne premasi 

50.000USD. 

B. 	 Ostali novi raeuni subjekta U odnosu na nove raeune subjekta koji nijesu 

opisani u stavu A ovoga odjeljka izvjestajna finansijska institucija Crne Gore 

mora utvrditi da Ii je vlasnik raeuna: (i) odredeno lice iz SAD-a; (ii) finansijska 

institucija Crne Gore iii finansijska institucija u drugoj partnerskoj jurisdikciji; 

(iii) ucestvujuci SFI, SFI za koji se smatra da ispunjava zahtjeve iii izuzeti stvami 

vlasnik, kako su ti izrazi definisani relevantnim propisima Ministarstva finansija 

SAD-a; iii (iv) aktivni NFSS iii pasivni NFSS. 

1. 	 U skladu sa podstavom 8(2) ovog odjeljka, izvjestajna finansijska institucija 

Crne Gore moze utvrditi da Ii je vlasnik raeuna aktivni NFSS, finansijska 

institucija Crne Gore iii finansijska institucija u drugoj partnerskoj 

jurisdikciji, ako izvjestajmi finansijska institucija Crne Gore pouzdano utvrdi 

da vlasnik racuna ima takav status na osnovu globalnog identifikacionog 

broja posrednika vlasnika raeuna iii na osnovu drugih javno dostupnih 

informacija iii onih koje posjeduje izvjestajna finansijska institucija Cme 

Gore, zavisno od toga sto je primjenjivo. 

2. 	 Ako je vlasnik raeuna finansijska institucija Cme Gore iii finansijska 

institucija u drugoj partnerskoj jurisdikciji koju IRS smatra neueestvujueom 

finansijskom institucijom, tada racun nije raeun o kojem se izvjestava SADu, ali uplate vlasniku racuna podlijefo izvjestavanju kako je predvideno u 

podstavu I (b) clana 4 Sporazuma. 

3. 	 U svim drugim siueajevima izvjestajna finansijska institucija Cme Gore 

mora od vlasnika racuna da dobije izjavu kojom se utvrduje status vlasnika 

raeuna. Kada je u pitanju izjava, primjenjuju Se sljedeea pravila: 

a) 	 Ako je vlasnik raeuna odreileno lice iz SAD-a, izvjestajna 

finansijska institucija Crne Gore mora taj racun smatrati racunom o 

kojem se izvjestava SAD. 

b) 	 Ako je vlasnik racuna pasivni NFSS, izvjestajna finansijska 

institucija Cme Gore mora utvrditi identitet Iica koje ga kontrolisu, 

kako je to utvrdeno u SPN/KYC postupcima, i na osnovu izjave 

vlasnika racuna iii tog lica utvrditi da Ii je to lice dr2:avljanin SADa iii rezident SAD-a. Ako je bilo koje takvo lice dr2:avljanin SAD-a 

iii rezident SAD-a, izvjestajna finansijska institucija Cme Gore 

mora smatrati racun racunom o kojem se izvjestava SAD. 

c) 	 Ako je vlasnik racuna: (i) lice iz SAD-a koje nije odredeno lice iz 

SAD-a; (ii) u skladu sa podstavom B(3)(d) ovoga odjeljka, 

finansijska institucija Crne Gore iii finansijska institucija u drugoj 

partnerskoj jurisdikciji; (iii) ucestvujuci SFI, SFI za koji se smatra 

da ispunjava zahtjeve iii izuzeti stvami vlasnik, kako su ti izrazi 

definisani relevantnim propisima Ministarstva finansija SAD-a, 

(iv) aktivni NFSS; iii (v) pasivni NFSS, pri cemu ni jedno lice koje 

ih kontrolise nije dr2:avljanin SAD-a 	iii rezident SAD-a, tada se 

Aneks l-11 
raeun ne smatra racunom o kojemu se izvjestava SAD i u odnosu 

na njega nije potrebno izvjestavati. 

d) 	 Ako je vlasnik racuna neucestvujuea finansijska institucija 

(ukljucujuci finansijsku instituciju Crne Gore iii finansijsku 

instituciju u drugoj partnerskoj jurisdikciji koju IRS smatra 

neucestvujueom finansijskom institucijom), tada racun nije racun o 

kojem se izvjestava SAD, ali uplate vlasniku racuna podlijefo 

izvjestavanju kako je to predvideno u podstavu l(b) clana 4 

Sporazuma. 

VI 	Posebna pravila i definicije Sljedeea dodatna pravila i definicije primjenjivace se u 

sprovodenju prethodno opisanog postupka du:lne pa:lnje: 

A. 	 Oslanjanje na izjave i dokumentovane dokaze Izvjestajna finansijska institucija 

Crne Gore ne smije se oslanjati na izjavu iii dokumentovani dokaz ako zna iii ima 

razlog da smatra da su izjava iii dokumentovani dokaz netacni iii nepouzdani. 

B. 	 Definicije- Za potrebe ovog Aneksa I primjenjuju se sljedece definicije: 

I. 	 SPN/KYC postupci- SPN/KYC postupci oznaeavaju postupke du:lne paZnje 

koje sprovodi izvjestajna finansijska institucija Crne Gore u skladu sa 

zahtjevima koji se odnose na sprjeeavanje pranja novca iii slicnim 

zahtjevima Crne Gore koji se odnose na takvu Izvjestajnu finansijsku 

instituciju Crne Gore. 

2. 	 NFSS- NFSS oznaeava svaki subjekat koji nije iz SAD-a koji nije SF! 

ureden relevantnim propisima Ministarstva finansija SAD-a iii subjekat 

opisan u podstavu B(4)Q) ovog odjeljka, kao i svaki subjekat koji nije iz 

SAD-a sa sjedistem u Crnoj Gori iii u drugoj partnerskoj jurisdikciji koji nije 

finansijska institucija. 

3. 	 Pasivni NFSS Pasivni NFSS oznaeava svaki NFSS koji nije · (i) aktivni 

NFSS iii (ii) inostrano partnerstvo koje primjenjuje porez po odbitku na 

izvoru iii inostrani trust koji primjenjuje porez po odbitku na izvoru, u 

skladu s relevantnim propisima Ministarstva finansija SAD-a. 

4. 	 Aktivni NFSS Aktivni NFSS oznaeava svaki NFSS koji ispunjava bilo koji 

od sljedecih kriterijuma: 

a) 	 manje od 50 procenata bruto dohotka NFSS-a ostvarenog u 

prethodnoj kalendarskoj godini iii drugom odgovarajucem 

izvjestajnom periodu je pasivni dohodak i manje od 50 procenata 

imovine NFSS-a u prethodnoj kalendarskoj godini iii drugom 

odgovarajucem izvjestajnom periodu je imovina koju ostvaruje iii 

se drzi radi stvaranja pasivnog dohotka; 

b) 	 akcijama NFSS-a redovno se trguje na uredenim trzistima hartija 

od vrijednosti iii je NFSS povezani subjekat subjekta cijim se 

akcijama redovno trguje na uredenim trzistima hartija od 

vrijednosti; 

c) 	 NFSS je organizovan na teritoriji SAD-a i svi vlasnici primaoca 

plaeanja u dobroj su vjeri rezidenti te teritorije SAD-a; 

d) 	 NFSS je vladino tijelo (a koje nije vladino tijelo SAD-a), politicka 

podjedinica tog vladinog tijela (koja, da bi se izbjegla svaka 

sumnja, ·ukljucuje drfavu, pokrajinu, okrug iii opstinu) iii javno 

tijelo koje vrsi funkciju tog vladinog tijela iii njegove politicke 

podjedinice, vladino tijelo na teritoriji SAD-a, medunarodna 

Aneks 1-12 
organizacija, neamericka emisiona centralna banka iii subjekat koji 

je u cijelosti u vlasnistvu jednog iii vise od navedenog; 

e) 	 gotovo sve aktivnosti NFSS-a sastoje se od drZllnja (u cijelosti iii 

djelimieno) akcija u opticaju iii obezbjedivanja finansiranja i 

obavljanja usluga, jednom iii nekoliko zavisnih drustava koja 

obavijaju poslovnu djelatnost razlicitu od djelatnosti finansijske 

institucije, osim sto NFSS ne ispunjava uslove za takav status ako 

NFSS funkcionise (iii se tako predstavlja) kao investicioni fond, 

kao sto je fond rizicnoga kapitala, fond preduzetnickog kapitala, 

fond za otkup preduzeea finansijskim sredstvima obezbjedenja iii 

bilo koji investicioni subjekat cija svrha je sticanje iii finansiranje 

kompanija, a zatim drZllnje udjela u tim kompanijama kao 

kapitalne imovine u investicione svrhe; 

f) 	 NFSS jos uvijek ne obavija poslovnu djelatnost niti je ranije 

obavljao poslovnu djelatnost, ali ulaZe kapital u imovinu s 

namjerom da obavlja poslovnu djelatnost razlicitu od djelatnosti 

finansijske institucije, pri cemu NFSS ne ispunjava uslove za ovo 

izuzece nakon datuma koji slijedi nakon 24 mjeseca od datuma 

prvobitnog osnivanja NFSS-a; 

g) 	 NFSS nije u posljednjih pet godina bio finansijska institucija i u 

procesu je likvidacije svoje imovine iii reorganizacije s namjerom 

da nastavi iii ponovo pocne poslovanje u nekoj drugoj djelatnosti 

razlicitoj od djelatnosti finansijske institucije; 

h) 	 NFSS se primamo bavi transakcijama finansiranja i za8tite od 

. rizika s povezanim subjektima iii za njih, a koji nijesu finansijske 

institucije i ne prufa usluge finansiranja iii zastite od rizika 

subjektu koji nije povezani subjekat, pod usl.ovom da se grupa 

takvih povezanih subjekata primamo bavi poslovnom djelatnoscu 

razlicitom od djelatnosti finansijske institucije; 

i) NFSS je izuzeti NFSS kako je to opisano u relevantnim propisima 

Ministarstva finansija SAD-a; iii 

j) NFSS ispunjava sve sljedece uslove: 

1. 	 osnovan je i djeluje u jurisdikciji u kojoj je rezident 

iskljucivo u vjerske, dobrotvome, naucne, umjetnicke, 

kultume, sportske iii obrazovne svrhe; iii je osnovan i 

djeluje u jurisdikciji u kojoj je rezident i profesionalna je 

organizacija, poslovna zajednica, privredna komora, 

organizacija rada (sindikalna), organizacija u poljoprivredi 

iii hortikulturi, gradansko udruzenje iii organizacija koja 

djeluje iskljucivo s ciljem promocije socijalnog staranja; 

ii. 	 izuzet je od placanja poreza na dohodak/dobit u jurisdikciji 

u kojoj je rezident; 

iii. 	nema akcionara ni clanova koji imaju vlasnicke udjele iii 

korisnicke interese u njegovom dohotku/dobiti iii imovini; 

iv. 	na osnovu vatecih propisa jurisdikcije rezidentnosti NFS Sa iii osnivackim aktima NFSS-a nije dozvoljena raspodjela 

dohotka iii imovine NFSS-a, ni primjena u korist privatnih 

lica iii subjekata koji se ne bave humanitamim radom, osim 

humanitarnih aktivnosti NFSS-a iii u obliku isplate 

razumne naknade za obavljene usluge iii isplate po fer 

trzisnoj vrijednosti za imovinu koju je NFSS nabavio; i 

Aneks 1-13 
v. 	 na osnovu vafocih propisa jurisdikcije rezidentnosti NFSSa iii osnivackih akata NFSS-a, nakon likvidacije iii 

prestanka NFSS-a sva njegova imovina prenosi se na 

d!"Zavni subjekat iii drugu neprofitnu organizaciju, iii 

vlasnistvo prelazi na vladino tijelo jurisdikcije rezidentnosti 

NFSS-a iii neku njegovu politicku podjedinicu. 

5. 	 Postojeci raeun- Postojeci racun oznacava finansijski racun koji vodi 

izvjestajna finansijska institucija Cme Gorena dan 30. jun 2014. 

C. 	 Pravila o zbirnom stanju raeuna i preracunavanju valuta 

!. 	Zbirno stanje racuna fizickih lica- U svrhu utvrdivanja zbimog stanja iii 

vrijednosti finansijskih racuna koji su u vlasnistvu fizickog lica, izvjestajna 

finansijska. institucija Cme Gore je dufoa da zbirno navede sve finansijske 

racune koje vodi izvjestajna finansijska institucija Cme Gore iii povezani 

subjekat, ali samo u mjeri u kojoj kompjuterizovani sistemi izvjestajne 

finansijske institucije Crne Gore povezuju finansijske racune pozivom na 

element podataka kao sto je broj klijenta iii identifikacioni broj poreskog 

obveznika i omogucavaju zbirno navodenje stanja iii vrijednosti po 

racunima. Svakom vlasniku zajednickoga finansijskog racuna pripisuje se 

ukupno stanje iii vrijednost zajednickoga finansijskog racuna u svrhu 

primjene uslova zbimog navodenja opisanih u ovom stavu 1. 

2. 	 Zbirno stanje racuna subjekta- U svrhu utvrdivanja zbimog stanja iii 

vrijednosti finansijskih racuna koji su u vlasnistvu subjekta, izvjestajna 

finansijska institucija Cme Gore dufoa je da uzme u obzir sve finansijske 

raeune koje vodi izvjestajna finansijska institucija Crne Gore iii povezani 

subjekat, ali samo u mjeri u kojoj kompjuterizovani sistemi izvjestajne 

finansijske institucije Cme Gore povezuju finansijske racune pozivom na 

element podataka kao sto je broj klijenta iii identifikacioni broj poreskog 

obveznika i omogucuju zbirno navodenje stanja iii vrijednosti po racunima. 

3. 	 Posebno pravilo o zbirnom stanju racuna primjeniliivo na menadzere 

za odnose s kliientima- U svrhu utvrdivanja zbirnog stanja iii vrijednosti 

finansijskih racuna koji su u vlasnistvu lica kako bi se utvrdilo da Ii je rijec o 

raeunu velike vrijednosti, takode, izvjestajna finansijska institucija Cme 

Gore je dufoa, u slueaju finansijskih racuna za koje menad:ler za odnose s 

klijentima zna iii ima razlog da smatra da su direktno iii indirektno u 

vlasnistvu iii pod kontrolom iii otvoreni od istog lica (osim u svojstvu 

fiducijara), da utvrdi zbirno stanje svih takvih racuna. 

4. 	 Pravilo o preracunavanju valuta- U svrhu utvrdivanja stanja iii vrijednosti 

finansijskih racuna u valuti razlicitoj od americkog dolara, izvjestajna 

finansijska institucija Crne Gore moia da preraeuna iznose praga u 

americkim dolarima opisane u ovom Aneksu I u tu valutu primjenjujuci 

objavljeni spot devizni kurs utvrden posljednjeg dana kalendarske godine 

koja prethodi godini u kojoj izvjestajna finansijska institucija Cme Gore 

utvrduje stanje iii vrijednost. 

D. 	Dokumentovani dokaz- Za potrebe ovog Aneksa I, prihvatijivi dokumentovani 

dokaz ukljucuje bilo sto od sljedeceg: 

I. 	Potvrda o rezidentnosti izdata od strane ovlascenog dr:Zavnog tijela (na 

primjer vlada iii njena agencija iii opstina) jurisdikcije za koju primalac 

uplate tvrdi da je rezident. 

2. 	 U odnosu na fizicko lice, svaka valjana identifikaciona isprava izdata od 

strane nadlefoog dr:Zavnog tijela (na primjer vlada iii njena agencija iii 

Aneks 1-14 
opstina) koja sadrzi ime fizickog lica i koja se obieno koristi za utvrdivanja 

identiteta. · 

3. 	 U odnosu na subjekat, svaka sluzbena isprava izdata od nadlefoog drZavnog 

tijela (na primjer vlada iii njena agencija iii opstina), na kojoj je naveden 

naziv subjekta i adresa mjesta njegove uprave u jurisdikciji (iii teritoriji 

SAD-a) za koju tvrdi da je rezident iii jurisdikcija (iii teritorije SAD-a) u 

kojoj je subjekat osnovan iii organizovan. 

4. 	 U odnosu na finansijski racun koji se vodi u jurisdikciji u kojoj postoje 

pravila o sprjeeavanju pranja novca koje je IRS odobrio u vezi sa 

sporazumom QI (kako je opisano u relevantnim propisima Ministarstva 

finansija SAD-a), svaka isprava razlicita od obrasca W-8 iii W-9, navedena 

u jurisdikcijskom prilogu uz QI sporazum za utvrdivanje identiteta fizickih 

lica iii subjekata. 

5. 	 Svaki finansijski iskaz, potvrda trece strane o kreditnoj sposobnosti, zahtjev 

za pokretanje stecaja iii izvjestaj Americke komisije za hartije od vrijednosti 

i berze. 

E. 	 Alternativni postupci za finansiiske raeune koii su u vlasnistvu fizickih lica 

korisnika ugovora o osiguran ju uz mogucnost is plate noveane vrijednostiIzvjestajna finansijska institucija Crne Gore mofo pretpostaviti da fizicko lice koje 

je korisnik (razlicit od vlasnika) ugovora o osiguranju uz moguenost isplate 

novcane vrijednosti koja prima naknadu za slucaj smrti nije odredeno lice iz SADa i mofo takav finansijski racun tretirati kao da nije finansijski racun o kojemu se 

izvjestava SAD osim ako finansijska institucija Crne Gore raspol<lZe saznanjem iii 

ima razlog da smatra da je korisnik odredeno lice iz SAD-a. Izvje8tajna 

finansijska institucija Cme Gore ima razlog da smatra da je korisnik ugovora o 

osiguranju uz mogucnost isplate novcane vrijednosti odredeno lice iz SAD-a ako 

podaci koje je prikupila izvjestajna finansijska institucija Cme Gore o korisniku 

sadrfo indikatore koji upucuju na SAD, kako je opisano u podstavu B(l) odjeljka 

II ovog Aneksa I. Ako izvjestajna finansijska institucija Cme Gore raspolaZe 

saznanjem iii ima razlog da smatra da je korisnik odredeno lice iz SAD-a, 

izvjestajna finansijska institucija Crne Gore mora da primijeni postupke iz 

podstava B(3) odjeljka II ovog Aneksa I. 

F. 	 Oslanjanie na trece strane- Nezavisno od toga da Ii je donesena odluka na 

osnovu stava C odjeljka I ovog Aneksa I, Crna Gora mofo da odobri izvjestajnoj 

finansijskoj instituciji Cme Gore da se oslanja na postupke dufoe pame koje su 

obavile trece strane, u mjeri u kojoj je to predvideno relevantnim propisima 

Ministarstva finansija SAD-a 

G. 	 Alternativne procedure za nove raeune otvorene prije stupanja na snagu 

ovog Sporazuma 

!. 	 Primjeniivost- Ukoliko je Cma Gora dostavila pisano obavjestenje 

Sjedinjenim DrZavama prije stupanja na snagu ovog Sporazuma da na dan !. 

ju! 2014. Cma Gora nije imala pravnu nadlemost da zatrazi od izvjestajnih 

finansijskih institucija Crne Gore iii (i) da zahtijevaju od vlasnika racuna 

novih racuna fizickih lica da dostave izjavu koja je navedena u odjeljku III 

ovog Aneksa I iii (ii) da sprovedue sve postupke dume pame koje se odnose 

na racunue novih subjekata koje su navedene u odjeljku V ovog Aneksa I, 

onda izvjestajna finansijska institucija Crne Gore moze da primijeni 

altemativne procedure opisane u podstavu G(2) ovog odjeljka, zavisno od 

Aneks 1-15 
slucaja,na one nove raeune umjesto procedura koje se inace zahtijevaju po 

osnovu ovog Aneksa I. Aletemativne procedure opisane u podstavu G(2) 

ovog odjeljka bice na raspolaganju samo za one nove raeune fizickih lica iii 

nove raeune subjekata, zavisno od slucaja, koji su otvoreni na raniji ·datum 

izmedu (i) datuma kada je Crna Gora bila u mogucnosti da primora 

izvjestajne finansijske institucije Crne Gore da ispunjavaju procedure dufoe 

pa2nje opisane u odjeljku III iii odjeljku V ovog Aneksa I, zavisno od 

slueaja, o kom datumu ce Crna Gora obavijestiti Sjedinjene DrZ!lve u pisanoj 

formi do datuma stupanja na snagu ovog Sporazuma, iii (ii) datum stupanja 

na snagu ovog Sporazuma. Ukoliko se primjenjuju aleternativne procedure 

za nove racune subjekata otovorenih na dan iii prije I. jula 2014. i prije I. 

januara 2015. opisane u stavu H ovog odjeljka u pogledu svih novih racuna 

subjekata iii jasno identifikovanih grupa takvih racuna, alternativne 

procedure opisane u ovom stavu G se moZda nece primjenjivati u pogledu 

tih novih racuna subjekata. Za sve druge nove raeune, izvjestajne 

finansijske institucije Crne Gore moraju da primjenjuju postupke dufoe 

pafoje opisane u odjeljku III iii odjeljku V ovog Aneksa I, zavisno od 

slueaja, da bi ustanovili da Ii je raeun raeun o kome se izvjastava SAD iii 

raeun koji drzi neucetvujuca finansijska institucija. 

2. 	 Alternativne procedure 

a) 	 U roku od jedne godine nakon datuma stupanja na snagu ovog 

Sporazuma, izvjestajna finansijska institucija Cme Gore mora: (i) u 

pogledu novog racuna fizickog lica opisanog u podstavu G(l) ovog 

odjeljka da zatra2i izdavanje izjave opisane u odjeljku III ovog 

Aneksa I i da potvrdi da je osnovanost takve izjave konzistentna sa 

procedurama opisanim u odljeljku III Aneksa I i (ii) u vezi sa 

novim raeunom subjekta koji je opisan u podstavu G(l) ovog 

odjeljka, obaviti proceduru dufoe pafoje navedene u odjeljku V 

ovog Aneksa I i zatraziti informacije ukoliko je to potrebno da bi 

dokumentovala raeun, ukljueujuci svaku izjavu, koje se tra2e u 

odjeljku V ovog Aneksa I. 

b) 	 Cma Gora mora da izvjestava o svakom novom racunu koji je 

indentifikovan u skladu sa podstavom G(2) ovog odjeljka kao o 

raeunu o kome se izvjestava SAD iii kao o raeunu koji drzi 

neucestvujuea finansijska institucija, zavisno od slucaja, na datum 

koji je kasniji izmedu: (i) narednog 30 septembra nakon datuma 

kada je racun identifikovan kao racun o kome se izvjestava SAD iii 

kao racun koji drzi neucestvujuea finansijska institucija, zavisno od 

slueaja, iii (ii) 90 dana nakon sto je racun identifikovan kao racun 0 

kome se izvjestava SAD iii kao racun koji drzi neucestvujuca 

finansijska institucija, zavisno od slucaja. Informacije o kojima je 

potrebno izvjestavati u pogledu takvog novog racuna predstavlja 

svaku informaciju o kojoj bi se izvjestavalo po osnovu ovog 

Sporazuma ukoliko bi novi raeun bio identifikovan kao racun o 

kome se izvjestava SAD-u iii kao racun koji ddi neucestvujuea 

finansijska institucija, zavisno od slucaja, na datum kada je raeun 

otvoren. 

c) 	 Do datuma koji je jednu godinu nakon datuma stupanja na snagu 

ovog Sporazuma, izvjestajna finansijska institucija Crne Gore mora 

da zatvori svaki novi racun koji je opisan u podstavu G(l) ovog 

odjeljka za koji nije bila u moguenosti da prikupi potrebne izjave 

Aneks 1-16 
iii drugu dokumnetaciju u skladu sa procedurama opisanim u 

podstavu G(2) ovog odjeljka. Pored toga, do datuma koji pada 

jednu godinu nakon stupanja na snagu ovog Sporazuma, izvjestajna 

finansijska institucija Cme Gore mora: (i) u vezi sa tako 

zatvorenim racunima koji su prije tog zatvaranja bili novi racuni 

fizickih lica (bez onzira na to da Ii su ti racuni bili racuni velike 

vrijednosti) da sprovede proceduru dufoe pafoje koja ja navedena 

u stavu D odjeljka II ovog Aneksa I, iii (ii) u vezi sa tako 

zatvorenim racunima koji su prije tog zatvaranja bili novi raeuni 

subjekata da sprovede proceduru dufoe pafoje koja ja navedena u 

odjeljku IV ovog Aneksa I. 

d) 	 Cma Gora mora da izvjestava o svakom zatvorenom racunu koji je 

identifikovan u skladu sa podstavom G(2) ovog odjeljka kao o 

racunu o kome se izvjestava SAD iii kao o racunu koji drzi 

neucestvujuca finansijska institucija, zavisno od slueaja, do datuma 

koji je kasniji izmedu: (i) narednog 30 septembra nakon datuma 

kada je racun identifikovan kao raeun o kome se izvjestava SAD iii 

kao racun koji drzi neucestvujuea finansijska institucija, zavisno od 

slueaja, iii (ii) 90 dana nakon sto je racun identifikovan kao racun 0 

kome se izvjestava SAD iii kao racun koji dr:li neucestvujuca 

finansijska institucija, zavisno od slueaja. Informacije o kojima je 

potrebno izvjestavati u pogledu takvog zatvorenog racuna 

predstavlja svaku informaciju o kojoj bi se izvjestavalo po osnovu 

ovog Sporazuma ukoliko bi racun bio identifikovan kao racun o 

kome se izvjestava SAD iii kao racun koji drzi neucestvujuea 

finansijska institucija, zavisno od slueaja, na datum kada je racun 

otvoren. 

H. 	Alternativne procedure za nove raeune otvorene na datum iii nakon 1. jula 

2014. a prije 1. januara 2015. godine- Za nove racune subjekata koji su 

otovoreni na datum iii nakon I. jula 2014. godine a prije I. januara 2015. godine 

iii u pogledu svih novih racuna subjekata iii odvojeno u pogledu svake jasno 

identifikovane grupe tih racuna, Crna Gora moze da dozvoli izvjestajnim 

finansijskim institucijama Cme Gore da tretiraju te racune kao vec postojece 

racune subjekata i da primjenjuju procedure du:lne pafoje koje se odnose na 

postojeee racune subjekata a koje su navedene u odjeljku IV ovog Aneksa I 

umjesto procedura du:lne pafoje koje su navedene u odjeljku V ovog Aneksa I. U 

ovom slueaju, procedure dufoe pafoje iz odljeljka IV ovog Aneksa I moraju da se 

primjenjuju bez obzira na saldo na racunu iii vrijednost praga koja je navedena u 

stavu A odjeljka IV ovog Aneksa I. 

Aneks 1-17 
I 

ANEKSII 


Sljedeci subjekti smatraju se izuzetim stvarnim vlasnicima iii SFI-jima za koje se smatra da 

ispunjavaju zahtjeve, zavisno od slueaja, a sljedeci su racuni iskljuceni iz definicije 

finansij skih racuna. 

Ovaj Aneks II se moze mijenjati uzajamnom pisanom odlukom izmedu nadleznih tijela Cme 

Gore i Sjedinjenih Drzava: (I) kako bi se uvrstili dodatni subjekti i racuni koji predstavljaju 

nizak rizik u smislu da bi se njima lica iz SAD-a koristila za utaju americkog poreza i koji 

imaju slicna obiljezja kao subjekti i racuni opisani u ovom Aneksu II na dan potpisivanja 

Sporazuma; iii (2) kako bi se uklonili subjekti i racuni koji zbog izmijenjenih okolnosti vise 

ne predstavljaju nizak rizik u smislu da bi se njima lica iz SAD-a koristila za utaju americkog 

poreza. Svako takvo dodavanje iii uklanjanje proizvodi dejstvo na dan potpisivanja uzajamne 

odluke, osim ako ovim dokumentom nije predvideno drugacije. Postupci za postizanje takve 

uzajamne odluke mogu biti ukljuceni u uzajamni sporazum iii dogovor opisan u stavu 6 clana 

3 Sporazuma. 

Izuzeti stvarni vlasuici a koji niiesu fondovi- Sljedeci subjekti smatraju se neizvjestajnim 

finansijskim institucijama Crne Gore i izuzetim stvarnim vlasnicima za potrebe odjeljaka 

1471 i 1472 Zakonika o unutrafojim prihodima SAD-a, osim u odnosu na placanja 

proiza8log iz obaveze povezane s komercijalnom finansijskom djelatnoscu koju obavlja 

odredeno osiguravajuce drustvo, kustodijalna institucija iii depozitarna institucija. 

A. 	 Drfavni subjekat- Vlada Crne Gore, svaka politicka podjedinica Crne Gore (sto, 

radi otklanjanja svake sumnje, obuhvata drfavu, pokrajinu, okrug ili opstinu) iii 

agencija iii subjekt koji je u potpunosti u vlasnistvu Crne Gore ili jednog od gore 

navedenih iii vise njih (pojedinaeno ,,drfavni subjekat Crne Gore"). Ova 

kategorija obuhvata sastavne djelove, kontrolisane subjektsi i politicke podjedinice 

Crne Gore. 

I. Sastavni dio 	Crne Gore oznaeava svako lice, organizaciju, agenciju, 

zavod, fond, subjekt iii drugo tijelo, bez obzira na naziv, koje cini 

upravno tijelo Crne Gore. Neto prihodi upravnog tijela moraju se odobriti 

na njegov vlastiti racun ili na druge racune Crne Gore, pri cemu niti jedan 

dio ne moze biti u korist nekog fizickog lica. Sastavni dio ne obuhvata 

fizicko lice koje je vladar, zvanicnik ili rukovodilac, kada djeluje u 

privatnom iii u licnom svojstvu. 

2. 	Kontrolisani subjekat oznaeava subjekat koji je oblikom odvojen od Crne 

Gore iii na drugi nacin cini zaseban pravni subjekat, pod uslovom da: 

a) 	 je subjekt u cjelosti u vlasnistvu i pod kontrolom jednog ili 

nekoliko drfavnih subjekata Crne Gore direktno ili prekojednog iii 

vise kontrolisanih subjekata; 

b) 	 neto prihodi subjekta odobravaju .se na njegov vlastiti racun iii na 

racune jednog ili vise dr2:avnih subjekata Crne Gore, pri cemu niti 

jedan dio ne moze biti u korist nekog fizickog lica; i 

c) 	 imovina subjekta nakon njegovog ukidanj'a pripasce jednom iii vise 

drZavnih subjekata Crne Gore. 

3. 	Dohodak ne ide u korist fizickih lica ako su ta lica pretpostavljeni 

korisnici drfavnog programa, a programske aktivnosti se sprovode za 

opstu javnost u odnosu na zajednicku drustvenu do bro bit iii se odnose na 

sprovodenje neke faze drfavne uprave. Medutim, izuzetno od prethodnog, 

Aneks II-! 
4. 	smatra se da dohodak ide u korist fizickih lica ako je dohodak ostvaren 

koriscenjem dr2avnog subjekta u svrhu obavljanja komercijalne 

djelatnosti, kao sto je komercijalno bankarsko poslovanje, u okviru koje 

se pru2aju finansijske usluge fizickim licima. 

B. 	 Medunarodna organizacija- Svaka medunarodna organizacija iii agencija iii 

subjekt koji je u cjelosti u njenom vlasnistvu. Ova kategorija obuhvata svaku 

meduvladinu organizaciju (ukljucujuci nadnaciona!nu organizaciju) (I) koja se u 

prvom redu sastoji od neamerickih vlada; (2) koja ima va2:eci sporazum o sjedistu 

sa Crnom Gorom; i (3) ciji dohodak ne ide u korist privatnih lica. 

C. 	 Centralna banka- Banka koja je po zakonu iii po dozvoli vlade glavni nadleZili 

organ, osim same Vlade Crne Gore, za izdavanje sredstava narnijenjenih opticaju 

u svojstvu va!ute. Takva institucija mote obuhvatati i subjekt odvojen od Vlade 

Crne Gore, bez obzira na to je Ii u cjelosti iii djelimicno u vlasnistvu Crne Gore. 

II 	 Fondovi koii ispunjavaju uslove za izuzete stvarne vlasnike- Sljedeci subjekti 

smatraju se neizvjestajnim finansijskim institucijama Crne Gore i izuzetim stvarnim 

vlasnicima za potrebe odjeljaka 1471 i 1472 Zakonika o unutra$njim prihodima SAD-a. 

A. 	Otvoreni penzioni fond- Fond osnovan u Crnoj Gori radi obezbjedivanja penzija, 

invalidnina iii naknade u slueaju smrti, iii bilo koje kombinacije navedenog, 

korisnicima koji su sadasnji iii bivsi zaposleni (iii lica koja su ti zaposleni 

imenovali) jednog iii vise poslodavaca uz naknadu za pniZene usluge, pod 

uslovorn da fond: 

I. 	 nerna nijednog korisnika koji ima pravo na vise o.d pet posto imovine 

fonda; 

2. 	 podlijete dr2avnim propisima i dostavlja godilinje izjvestaje o svojim 

korisnicima nadleznim poreskim organima Crne Gore; i 

3. 	 ispunjava baremjedan od sljedecih uslova: 

a) 	 fondje naeelno izuzet od oporezivanja u Crnoj Gori na dohodak od 

ulaganja na osnovu zakona Crne Gore zbog svog statusa u 

penzionom programu; 

b) 	 fond prima najmanje 50 procenata svojih ukupnih doprinosa 

(razlicitih od prenosa imovine iz drugih programa opisanih u 

stavovima od A do D ovoga odjeljka iii sa penzionih racuna 

opisanih u podstavu A(I) odjeljka V ovog Aneksa II) od 

poslodavaca koji ga finarisiraju; · 

c) 	 raspodjele iii povlacenja sredstava iz fonda dozvoljena je jedino 

pod odredenim okolnostima navedenih dogadaja koji su povezani 

sa penzionisanjem, invaliditetom iii srrircu ( osim preriosa 

raspodijeljenih sredstava na druge penzione fondove opisane u 

stavovima od A do D ovog odjeljka iii penzione racune opisane u 

podstavu A(!) odjeljka V ovog Aneksa II), iii se kazne primjenjuju 

na raspodjele iii povlacenja sredstava izvrsena prije takvih 

odredenih dogadaja; iii . 

d) 	 doprinosi ( osim odredenih dozvoljenih naknadnih doprinosa) od 

zaposlenih fondu su ograniceni ostvarenim dohotkom zaposlenog 

iii ne mogu biti veCi od 50.000 USD godisnje, pri cemu se 

Aneks Il-2 
primjeajuju pravila utvrdena u Aneksu I o zbimom stanju racuna i 

preracunavanju valuta. 

B. 	 atv?re.ni p.e~zioni fond- Fond osnovan u Cmoj Gori radi osiguranja penzija, 

mvahdmna 1h naknada u slueaju smrti korisnicima koji su sadasnji iii bivsi 

zaposleni (iii lica koja su ti zaposleni imenovali) jednog iii vise poslodavaca uz 

naknadu za pruzene usluge, pod uslovom da: 

I. 	 fond ima manje od 50 clanova; 

2. 	 fond finansira jedan iii nekoliko poslodavaca koji nijesu investicioni 

subjekti iii pasivni NFSS-i; 

3. 	 doprinosi zaposlenih i poslodavaca u fond ( osim prenosa imovine iz 

penzionih fondova koji ispunjavaju uslove iz ugovora opisanih u stavu A 

ovog odjeljka iii peznionih racuna opisanih u podstavu A(l) odjeljka V. 

ovog Aneksa II) ograniceni su ostvarenim dohotkom odnosno naknadom 

zaposlenih; 

4. 	 clanovi koji nijesu rezidenti Cme Gore nemaju pravo na vise od 20 

procenata imovine fonda; i 

5. 	 fond podlijeze dr:lavnim propisima i dostavlja godifoje izvjestaje o 

svojirn korisnicima nadleznim poreskim organima Cme Gore. 

C. 	 Penzioni fond izuzetog stvarnog vlasnika- Fond koji je osnovao u Cmoj Gori 

izuzeti stvarni vlasnik radi obezbjedivanja penzije, invalidnine ili naknade u 

slueaju s!'nrti korisnicima iii clanovima koji su sadaSnji iii bivsi zaposleni izuzetog 

stvamog vlasnika (iii lica koja su ti zaposleni imenovali), iii koji nijesu sadaSnji ni 

bivsi zaposleni, ako se naknade takvim korisnicirna iii clanovima osiguravaju za 

licne usluge pru:lene izuzetom stvarnom vlasniku. 

D. 	Investicioni subjekat koii je u potpunosti u vlasnistvu izuzetog stvarnog 

vlasnika- Subjekt koji je finansijska institucija Cme Gore samo zbog toga sto je 

investicioni subjekat, pod uslovom da je svaki direktni vlasnik vlasnickog udjela u 

subjektu izuzeti stvarni vlasnik, i da je svaki direktni vlasnik duZnickog udjela u 

takvom subjektu iii depozitna institucija (u odnosu na zajam odobren takvom 

subjektu) iii izuzeti stvami vlasnik. 

III Male ili finansiiske institucije ogranicenog djelokruga koje ispunjavaju uslove za 

SFI za koje se smatra da ispunjavaju zahtjeve- Sljede6e finansijske institucije su 

neizvjestajne finansijske institucije Cme Gore koje se smatraju SFI-jima koji ispunjavaju 

zahtjeve u smislu odjeljka 1471 Zakonika o unutrasnjim prihodima SAD-a. 

A. 	Finansiiska institucija s lokalnom bazom klijenata- Finansijska institucija koja 

ispunjava sljede6e uslove: 

1. 	 finansijska institucija mora biti licencirana i regulisana kao finansijska 

institucija na osnovu zakona Cme Gore; 

2. 	 finansijska institucija ne smije imati stalno mjesto poslovanja izvan Cme 

Gore. U tom smislu, stalno mjesto poslovanja se ne odnosi se na lokaciju 

koja nije javno objavljena i iz koje finansijska institucija obavlja samo 

funkcije administrativne podrske; 

3. 	 finansijska institucija ne smije neprimjereno pridobijati klijente iii 

vlasnike racuna izvan Cme Gore. U tom smislu, ne smatra se da 

finansijska institucija neprimjereno pridobija klijente iii vlasnike racuna 

Aneks II-3 
izvan Crne Gore samo zbog toga sto finansijska institucija (a) ima 

internet stranicu, pod uslovom da na toj internet stranici nije izricito 

navedeno da finansijska institucija obezbjeduje finansijske racune iii 

usluge nerezidentima i da na neki drugi nacin ne pridobija neprimjereno i 

ne nastupa ciljano prema americkim klijentima iii vlasnicima racuna, iii 

(b) se ogla8ava u stampanim medijima iii na radijskim iii televizijskim 

stanicania, koji se distribuiraju odnosno emituju primarno u Crnoj Gori, 

ali se takode slucajno distribuiraju odnosno emituju u drugim zemljama, 

pod uslovom da se oglasom izricito ne navodi da finansijska institucija 

obezbjeduje finansijske racune iii usluge nerezidentima i da na neki 

drugi nacin ne pridobija neprimjereno i ne nastupa ciljano prema 

americkim klijentima iii vlasnicima racuna; 

4. 	 od finansijske institucije se mora zahtijevati, u skladu sa zakonima Crne 

Gore, utvrdivanje identiteta rezidentnih vlasnika racuna, u svrhu iii 

dostave informacija iii naplate poreza po odbitku u odnosu na finansijske 

racune rezidenata iii u svrhu ispunjavanja uslova Crne Gore u pogledu 

postupka dufue pafuje za SPN; 

5. 	 najmanje 98 procenata vrijednosti finansijskih racuna koje vodi 

finansijska institucija moraju biti racuni rezidenata Crne Gore 

(ukljucuju6i rezidente koji su subjekti); 

6. 	 pocevsi od 1. jula 2014. godine iii od datuma kada je finansijska 

institucija registrovana shodno stavu C odjeljka VI ovog Aneksa II, 

zavisno koji je datum kasniji, ista mora imati politike i procedure, 

uskladene s onima utvrdenim u Aneksu I, kojima je svrha sprjeeavanje 

finansijske institucije da pruzi finansijski racun neueestvujueoj 

finansijskoj instituciji i da prati da Ii finansijska institucija otvara iii vodi 

finansijski racun za bilo koju odredeno lice iz SAD-a koje nije rezident 

Crne Gore (ukljucuju6i lice iz SAD-a koje je bilo rezident Crne Gore u 

trenutku otvaranja finansijskog racuna, ali je nakon toga prestalo da bude 

rezident Crne Gore) iii svaki pasivni NFSS koji kontrolisu lica koja su 

·rezidenti SAD-a iii dr:Zavljani SAD-a koji nijesu rezidenti Crne Gore; 

7. 	 takvim politikama i procedurama se mora predvidjeti da u slueaju da 

finansijska institucija utvrdi da je vlasnik finansijskog racuna odredeno 

lice u SAD-u koje nije rezident Crne Gore iii pasivni NFSS koji 

kontrolisu lica ko)a su rezidenti SAD-a iii dr:Zavljani SAD-a koji nijesu 

rezidenti Crne Gore, finansijska institucija mora da prijavi . takav 

finansijski racun kao sto bi to bila duzna i da je izvjestajna finansijska 

institucija Crne Gore (ukljucuju6i i postovanje zahtjeva za registraciju na 

internet stranici IRS FATCA) iii da zatvori takav finansijski racun; 

8. 	 u odnosu na postojeCi racun fizickog lica, koji nije rezident Crne Gore, 

iii subjekta, finansijska institucija mora da provjeri te postoje6e 

finansijske racune u skladu s procedurama utvrdenim u Aneksu I, koje se 

primjenjuju na postoje6e racune u cilju utvrdivanja racuna o kojima se 

izvjestava SAD iii finansijskog racuna neucestvuju6e finansijske 

institucije i mora da prijavi takav finansijski racun kao sto bi to bila 

du:Zna da je izvjestajna finansijska institucija Crne Gore (ukljucuju6i 

postovanje zahtjeva za registraciju na internet stranici IRS FATCA) iii 

da zatvori takav finansijski racun; 

9. 	 svaki povezani subjekat finansijske institucije koji je finansijska 

institucija mora biti osnovan iii organizovan u Crnoj Gori i, s izuzetkom 

Aneks II-4 
svakog povezanog subjekta koji je penzioni fond opisan u stavovima od 

A do C odjeljka II ovog Aneksa II, ispuniti uslove utvrdene u stavu A; i 

10. fi_nan.sij~ka institucija ne smije imati politike iii prakse koje su 

d1sknmmatorske u odnosu na otvaranje iii vodenje finansijskih racuna 

fizickih lica koji su odredena !ica iz SAD-a i rezidenti Crne Gore. 

B. 	 Lokalna banka- Finansijska institucija koja ispunjava sljedece uslove: 

I. 	 finansijska institucija posluje jedino kao (i Jicencirana je i regulisana na 

osnovu propisa Crne Gore kao) (a) banka iii (b) kreditna unija iii slicna 

zadruZna kreditna organizacija koja posluje bez dobiti; 

2. 	 poslovanje finansijske institucije sastoji se prije svega u primanju 

depozita od i davanju zajmova gradanima koji su nepovezani klijenti, u 

odnosu na banku, i clanovima, u odnosu na kreditnu uniju iii slicnu 

zadruZno kreditnu organizaciju, pod uslovom da nijedan clan nema vise 

od pet procenata udjela u takvoj kreditnoj uniji iii zadrufuoj kreditnoj 

organizaciji; 

3. 	 finansijska institucija ispunjava uslove utvrdene u podstavovima A(2) 

A(3) ovog odjeljka, pod uslovom da osim ogranicenja na internet stranici 

opisanih u podstavu A(3) ovog odjeljka, na internet stranici nije 

dozvoljeno otvaranje finansijskog racuna; 

4. 	 finansijska institucija nema vise od 175 miliona USD imovine u svom 

bilansu stanja i finansijska institucija i svi povezani subjekti zajedno 

nemaju vise od 500 miliona USD ukupne imovine u svojim 

konsolidovanim iii kombinovanim bilansima stanja; i 

5._ 	svaki povezani subjekt mora biti osnovan iii organizovan u Crnoj Gori i 

svaki povezani subjekt koji je finansijska institucija, osim svakog 

povezanog subjekta koji je penzioni fond opisan u stavovima od A do C 

odjeljka II ovog Aneksa II iii finansijska institucija koja ima samo 

racune male vrijednosti opisane u stavu C ovoga odjeljka, mora 

ispunjavati uslove utvrdene u ovom stavu B. 

C. 	 Finansiiska institucija samo sa racunima male vrijednosti- Finansijska 

institucija Crne Gore koja ispunjava sljedece uslove: 

I. 	 finansijska institucija nije investicioni subjekat; 

2. 	 ni na jednom finansijskom racunu koji vodi finansijska institucija iii bilo 

koji povezani subjekat stanje iii vrijednost nije vise od 50.000 USD, pri 

cemu vaZe pravila utvrdena u Aneksu I o zbirnom stanju racuna i 

preracunavanju valuta; i 

3. 	 finansijska institucija nema vise od 50 miliona USD imovine u svom 

bilansu stanja i finansijska institucija i svi povezani subjekti zajedno 

nemaju vise od 50 · miliona USD ukupne imovine u svojim 

konsolidovanim iii kombinovanim bilansima stanja. 

D. 	 Kvalifikovani izdavaoci kreditne kartice- Finansijska institucija Crne Gore koja 

ispunjava sljedece uslove: 

1. 	 finansijska institucija je finansijska institucija jedino zbog toga sto je 

izdavalac kreditnih kartica koji prima depozite samo kada klijenti vrse 

uplate u iznosu vecem od iznosa koji dospijeva na placanje u odnosu na 

karticu i taj se vise uplaceni iznos ne vraea klijentu istog trenutka; i 

Aneks II-5 
2. 	 pocevsi od I. jula 2014. godine iii od datuma kada je finansijska 

institucija registrovana shodrio stavu C odjeljka VI ovoga Aneksa II, 

zavisno koji je datum kasniji, ista finansijska institucija sprovodi politike 

i procedure kojima je svrha iii da sprijeci depozite klijenata vece od 

50.000 USD iii da osigura da svaki depozit klijenta veci od 50.000 USD 

bude klijentu vracen u roku od 60 dana, u svakom slucaju primjenom 

pravila utvrdenih u Aneksu I o zbimom stanju racuna i preracunavanju 

valuta. Za ovu svrhu, depozit klijenata ne odnosi se na stanje na 

kreditnoj kartici u iznosu koji odgovara osporenim naknadama, ali se 

odnosi na stanje na kartici koje je rezultat povrata robe. 

IV 	Investicioni subjekti koii ispunjavaju uslove za SFI-je za koje se smatra da 

ispunjavaju uslove i druga posebna pravila- Finansijske institucije opisane u 

podstavovima od A do E ovoga odjeljka su neizvjestajne finansijske institucije Cme Gore 

koje se smatraju SFI-jima koji ispunjavaju uslove u smislu odjeljka 1471 Zakonika o 

ununtraSnjirn prihodima SAD-a. Osim toga, stav F ovog odjeljka propisuje posebna 

pravila primjenjiva na investicione subjekte. 

A. 	Trust dokumentovan upravnik trusta- Trust osnovan na osnovu propisa Cme 

Gore u onom obimu u kome je upravnik trusta izvjestajna finansijska institucija 

SAD-a, po izvjestajnom modelu I SFI, iii ucestvujuci SFI, i dostavlja sve 

.informacije o kojimaje dllZan da izvjestava u skladu sa Sporazumom u odnosu na 

sve racune trusta o kojima se izvjestava SAD. 

B. 	 Sponzorisani investicioni subjekat i kontrolisana inostrana korporacijaFinansijska institucija opisana u podstavu B(l) iii' B(2) ovog odjeljka koja ima 

subjekat koji je sponzorisan, koji ispunjava us!ove iz podstava B(3) ovog odjeljka. 

I. 	 Finansijska institucija je sponzorisani investicioni subjekat ako je (a) 

investicioni subjekat osnovan u Cmoj Gori koji ne ispunjava uslove za 

posrednika, strano partnerstvo koje obustavlja porez po odbitku iii strani 

trust koji obustavlja porez po odbitku u skladu s relevantnim propisirna 

Ministarstva za finansije SAD-a; i (b) subjekat dogovorio sa 

finansijskom institucijom da ce postupati kao subjekat koji sponzorise 

finansijsku instituciju. 

2. 	 Finansijska institucija je sponzorisana kontrolisana inostrana korporacija 

ako je (a) finansijska institucija kontrolisana inostrana korporacija1 

organizovana na osnovu zakona Cme Gore koja ne ispunjava uslove za 

posrednika, inostrano partnerstvo koje obustavlja porez po odbitku iii 

inostrani trust koji obustavlja porez po odbitku u skladu s relevantnim 

propisima Ministarstva za finansije SAD-a; (b) finansijska institucija u 

cjelosti u vlasnistvu, direktno iii indirektno, od strane izvjestajne 

finansijske institucije SAD-a koja je saglasna da postupa iii od 

povezanog drustva finansijske institucije zahtijeva da postupa kao 

subjekat koji sponzorise finansijsku instituciju; i (c) finansijska 

institucija dijeli zajednicki elektronski sistem racuna sa subjektom koji je 

sponzorise, sto subjektu koji sponzorise omogueava uvid u sve vlasnike 

1 ,,Kontrolisana inostrana korporacija" oznacava svaku inostranu korporaciju ako je vise od 50 procenata 

ukupnih kombinovanih glasackih prava po svim vrstama akcija takve korporacije s pravom glasa iii ako je 

ukupna vrijednost akcija takve korporacije u vlasnistvu iii se smatra da je u vlasniStvu ,,akcionara iz Sjedinjenih 

D1'Zava" na bilo koji dan tokom godine oporezivanja takve strane korporacije. Pojam ,,akcionar iz Sjedinjenih 

DrZllva" oznaeava, u odnosu na svaku inostranu korporaciju, lice iz Sjedinjenih Drfava koje ima u vlasniStvu iii 

se smatra da ima u vlasniStvu I 0 procenata iii vise ukupnih kombinovanih glasackih prava po svim vrstama 

akcija s pravom glasa takve inostrane korporacije. 

Aneks II-6 
racuna i primaoca uplata finansijske institucije, kao i pristup svim 

podacima 0 racunima i klijentima koje vodi finansijska institucija, 

ukljucujuCi, bez ogranicenja, podatke o utvrdivanju identiteta klijenta, 

dokumentaciju klijenta, stanja racuna i sva placanja izvrsena vlasniku 

racuna iii primaocu uplate. 

3. 	 Subjekt koji sponzorise ispunjava sljedece uslove: 

a) 	 subjekat koji sponzorise ovlascen je da postupa u ime finansijske 

institucije (kao menadzer fonda, menadZ:er trusta, korporativni 

direktor iii rukovodeci partner) kako bi bili ispunjeni vaZ:eci uslovi 

registracije na internet stranici IRS-a za registraciju za potrebe 

FATCA-e; 

b) 	 subjekat koji sponzorise registrovao se kao subjekat koji sponzorise 

kod IRS-a putem internet stranice IRS-a za registraciju za potrebe 

FATCA-e; 

c) 	 ako subjekat koji sponzorise utvrdi bilo koji racun o kojem se 

izvjestava SAD u odnosu na finansijsku instituciju, subjekat koji 

sponzorise u skladu s vaZ:ecim uslovima registracije registruje 

finansijsku instituciju na internet stranici IRS-a za registraciju za 

potrebe FATCA-e na dan iii prije 31. decembra 2016. iii u roku od 

90 dana nakon prve identifikacije takvog finansijskog racuna 0 

kojem se izvjestava SAD, zavisno koji je datum kasniji; 

d) 	 subjekat koji sponzorise saglasan je da u ime finansijske institucije 

postupa sa svom dufuom pafujom, obustavlja porez po odbitku, 

izvjestava i ispunjava druge uslove koje bi finansijska institucija 

bila dufua da ispuni da je izvjestajna finansijska institucija Crne 

Gore; 

e) 	 subjekat koji sponzorise utvrduje identitet finansijske institucije i 

navodi identifikacioni broj finansijske · institucije (koji je dobijen 

nakon sto su ispunjeni svi vaZ:eci zahtjevi registracije na internet 

stranici IRS-a za registraciju za potrebe FATCA-e u svim 

izvjestajima koje pripremi u ime finansijske institucije; i 

f) 	 subjektu koji sponzorise nije oduzet status sponzora. 

C. 	 Sponzorisani, usko povezani investicioni subjekat- Finansijska institucija Crne 

Gore koja ispunjava sljedeee zahtjeve: 

1. 	 finansijska institucija je finansijska institucija samo zbog toga sto je 

investicioni subjekat koji ne ispunjava uslove za posrednika, inostrano 

partnerstvo koje obustavlja porez po odbitku iii inostrani trust koji 

obustavlja porez po -odbitku, u skladu sa relevantnim propisima 

Ministarstva za finansije SAD-a; 

2. 	 subjekat koji sponzorise je izvjestajna finansijska institucija SAD-a, 

izvjestajnog modela I SFI, iii ucestvujuci SFI, ovlascen da postupa u ime 

finansijske institucije (kao profesionalni menadzer, menadzer trusta iii 

rukovodeci partner) i saglasan je da u ime finansijske institucije postupa 

sa svom dufuom paZ:njom, obustavlja porez po odbitku, izvjestava i 

ispunjava druge uslove koje bi finansijska institucija bila duZ:na da ispuni 

da je izvjestajna finansijska institucija Crne Gore; 

3. 	 finansijska institucija ne nastupa sama kao investicioni subjekat za 

nepovezane strane; 

Aneks II-7 
4. 	 dvadeset iii manje pojedinaca su vlasnici svih duZnickih i vlasnickih 

udjela u finansijskoj instituciji (bez obzira na dufuicke udjele u 

vlasnistvu ucestvujucih SFI-ja i SFI-ja za koje se smatra da ispunjavaju 

zahtjeve i na vlasnicke udjele u vlasnistvu subjekta, ako taj subjekt 

posjeduje I 00 procenata vlasnickih udjela u finansijskoj instituciji i ako 

je i sam sponzorisana finansijska institucija opisana u ovom stavu C); i 

5. 	 subjekt koji sponzorise ispunjava sljedece zahtjeve: 

a) 	 subjekat koji sponzorise registrovao se kao subjekat koji sponzorise 

kod IRS-a na internet stranici IRS-a za registraciju za potrebe 

FATCA"e; 

b) 	 subjekat koji sponzorise je saglasan da u ime finansijske institucije 

postupa sa svom dufuom pa.Znjom, obustavlja porez po odbitku, 

izvjestava i ispunjava druge uslove koje bi finansijska institucija 

bila dufua da ispuni da je izvjestajna finansijska institucija Crne 

Gore i u periodu od sest godina cuva prikupljenu dokumentaciju u 

odnosu na finansijsku instituciju; 

c) 	 subjekat koji sponzorise identifikuje finansijsku instituciju u svim 

izvjestajima koje izraduje u ime finansijske institucije; i 

d) subjektu koji sponzorise nije oduzet status sponzora. 

D. 	 Investicioni savjetnici i investicioni menadzeri- Investicioni subjekat osnovan u 

Crnoj Gori koji je finansijska institucija samo zbog toga sto (!) prufa usluge 

investicionog savjetovanja i postupanja u ime, iii (2) upravlja portfeljima i postupa 

u ime klijenta u svrhu investiranja, vodenja iii upravljanja sredstvima koja su u 

ime klijenta deponovana kod finansijske institucije koja nije neucestvujuea 

finansijska institucija. 

E. 	 Kolektivni investicioni instrument- Investicioni subjekat osnovan u Crnoj Gori 

koji je regulisan kao kolektivni investicioni instrument, pod uslovom da sve udjele 

u kolektivnom investicionom instrumentu (ukljucujuci duznicke udjele preko 

50.000 USD) drzi iii da njima upravlja jedan iii nekoliko izuzetih stvarnih 

vlasnika, aktivni NFSS-i opisani u podstavu B(4) odjeljka VI Aneksa I, Iica iz 

SAD-a koja nijesu odredena lica iz SAD-a iii finansijske institucije koje nijesu 

neucestvujuce finansijske institucije. 

F. 	 Posebna pravila- Sljedeea pravila se primjenjuju na investicioni subjekat: 

I. 	 U odnosu na udjele u investicionom subjektu koji je kolektivni 

investicioni instrument opisan u stavu E ovoga odjeljka, smatra se da su 

ispunjene sve obaveze izvjestavanja investicionog subjekta (a koji nije 

finansijska institucija preko koje se drZe udjeli u kolektivnom 

investicionom instrumentu). 

2. 	 U odnosu na udjele u: · 

a) 	 investicionom subjektu osnovanom u partnerskoj jurisdikciji koji je 

regulisan kao kolektivni investicioni instrument, u kojem sve 

udjele (ukljucujuCi duznicke udjele preko 50.000 USD) drzi iii da 

njima upravlja, jedan iii nekoliko izuzetih stvarnih vlasnika, aktivni 

NFSS-i koji su opisani u podstavu B(4) odjeljka VI Aneksa I, lica 

iz SAD-a koja nijesu odredena lica iz SAD-a iii finansijske 

institucije koje nijesu neucestvujuce finansijske institucije; iii 

Aneks II-8 
licima koja nijesu odredena lica iz SAD-a iii finansijske institucije 

koje nijesu neucestvujuce finansijske institucije; iii 

b) 	 investicionom subjektu koji je kvalifikovani kolektivni investicioni 

instrument na osnovu relevantnih propisa Ministarstva za finansije 

SAD-a; 

smatra se da su ispunjene sve obaveze izvjestavanja svakog 

investicionog subjekta koji je finansijska institucija Cme Gore (a koji 

nije finansijska institucija preko koje se drze udjeli u kolektivnom 

investicionom instrumentu). 

3. 	 U odnosu na udjele u investicionom subjektu osnovanom u Cmoj Gori 

koji nije opisan u stavu E iii podstavu F(2) ovog odjeljka, u skladu sa 

stavom 3 clana 5 Sporazuma, obaveze izvjestavanja svih drugih 

investicionih subjekata u odnosu na takve udjele smatraju se ispunjenima 

ako u skladu sa Sporazumom podatke u odnosu na takve udjele, koje 

treba da dostavi prvospomenuti investicioni subjekat, dostavi taj 

investicioni subjekat iii neko drugo lice. 

v 	Racuni iskljuceni iz finansiiskih racuna- Sljedeci SU racuni iskljuceni iz definicije 

finansijskih racuna pa stoga se ne smatraju racunima o kojima se izvjestava SAD. 

A. 	Odredeni stedni racuni 

1. 	 Penzioni racun- Penzioni racun koji se vodi u Cmoj Gori koji ispunjava 

sljedece zahtjeve u skladu sa zakonima Cme Gore: 

a) 	 racun podlijefo regulisanju kao licni penzioni racun iii je dio 

registrovanog iii regulisanog penzionog programa radi osiguranja 

penzije iii penzijskih naknada (ukljucujuci invalidninu iii naknadu 

u slucaju smrti); 

b) 	 racun je povla.56en u pogledu poreza (tj. doprinosi uplaceni na 

racun koji bi inace bili oporezovani na osnovu zakona Cme Gore 

priznaju se kao poreski odbitak iii su iskljuceni iz bruto dobiti 

vlasnika racuna iii su oporezovani po snifonoj stopi iii je 

oporezivanje dohotka od ulaganja po racunu odlozeno iii 

oporezovano po snizenoj stopi); 

c) 	 godisnje informacije o kojima se izvjestava u odnosu na racun se 

dostavlja poreskim organima Cme Gore; 

d) 	 povlacenja sredstava su uslovljena odredenom starosnom granicom 

za penzionisanje, invaliditetom iii smrcu, iii se na povlacenja 

sredstava izvrsena prije takvih odredenih dogadaja primjenjuju 

kazne;i 

e) 	 iii su (i) godisnje uplate doprinosa ogranicene na 50.000 USD iii 

manje iii (ii) postoji maksimalno ogranicenje uplata doprinosa 

tokom zivota po racunu od 1.000.000 USD iii manje, u svakom 

slueaju primjenjuju se pravila utvrdena u Aneksu I o zbimom 

stanju racuna i preracunavanju valuta. 

2. 	 Ne-penzioni stedni racuni- Racun koji se vodi u Cmoj Gori (a koji nije 

ugovor o osiguranju iii rentnom osiguranju) koji ispunjava sljedece 

zahtjeve na osnovu zakona Cme Gore: 

a) 	 racun podlijefo regulisanju kao instrument stednje u svrhe razlicite 

od penzionisanja; 

b) racun je povlascen u pogledu poreza (tj. doprinosi uplaceni na 

racun koji bi inace bili oporezovani na osnovu zakona Cme Gore 

Aneks Il-9 
priznaju se kao. poreski odbitak iii su iskljuceni iz bruto dobiti 

vlasnika racuna iii su oporezovani po snizenoj stopi iii je 

oporezivanje dohotka od u!aganja po racunu odlo:leno iii 

oporezovano po snizenoj stopi); 

c) 	 povlacenja sredstava su uslovljena ispunjenjem odredenih 

kriterijuma povezanih sa svrhom stednog racuna (na primjer 

osiguranje naknada za obrazovanje iii zdravstvene usluge) iii se na 

povlacenja sredstava izvrsena prije ispunjenja tih kriterijuma 

primjenjuju kazne; i 

d) 	 godisnje uplate doprinosa su ogranicene na 50.000 USD iii manje, 

primjenom pravila utvrdenih u Aneksu I o zbimom stanju racuna i 

preracunavanju valuta. 

B. 	 Odredeni Ugovori o zivotnom osiguranju na odredeni rok- Ugovor o zivotnom 

osiguranju koji se vodi u Cmoj Gori kod kojeg se period pokrica zavrsava prije 

90-te godine zivota osiguranika, pod uslovom da ugovor ispunjava sljedece 

uslove: 

I. 	 periodicne premije, koje se vremenom ne umanjuju, plative su najmanje 

jednom godisnje tokom trajanja ugovora iii do 90-te godine zivota 

osiguranika, koji god je period kraci; 

2. 	 ugovor nema ugovorenu vrijednost koja je dostupna bilo kom lieu 

(povlacenjem, u obliku zajma iii na neki drugi nacin) bez prestanka 

ugovora; 

3. 	 iznos (osim naknade u slufaju smrti) plativ po otkazu iii prestanku 

ugovora ne mo:le premasiti zbime premije uplacene po ugovoru, 

umanjene za svotu u slufaju smrti, bolesti i naknada troskova (bez obzira 

na to da Ii su stvamo obracunate) za period iii periode trajanja ugovora i 

sve iznose isplacene prije otkaza iii prestanka ugovora; i 

4. 	 ugovor nije u posjedu primaoca sa ciljem uvecanja vrijednosti 

(transferee for value). 

C. 	 Racun koii se vodi u svrhu ostavinske imovine- Racun koji se vodi u Cmoj 

Gori iskljucivo u svrhu ostavinske imovine, ako dokumentacija o takvom racunu 

sadrzi i kopiju testamenta umrlog Iica iii izvod iz maticne knjige umrlih. 

D. 	Escrow (zaloim) racuni- Racun koji se vodi u Cmoj Gori otvoren u vezi s bilo 

cim od sljedeceg: 

I. 	 sudski nalog iii presuda; 

2. 	 prodaja, razmjena iii zakup nekretnine iii licne imovine, pod uslovom da 

racun ispunjava sljedece zahtjeve: 

a) 	 racun se finansira iskljucivo uplatom avansa, kaparom, 

deponovanjem iznosa dovoljnog za pokrice obaveze direktno 

povezane s transakcijom iii slicnom uplatom iii se finansira iz 

finansijske imovine koja je deponovana na racun u vezi s 

prodajom, razmjenom iii zakupom imovine; 

b) 	 racun je otvoren i koristi se jedino za osiguranje obaveze kupca o 

podmirenju nabavne cijene imovine, obaveze prodavca o placanju 

nepredvidene obaveze iii obaveze zakupodavca iii zakupoprimca o 

podmirenju stete na zakupljenoj imovini kako je dogovoreno na 

osnovu ugovora o zakupu; 

Aneks II-10 
c) 	 irnovina na racunu, ukljucujuci dohodak ostvaren po racunu, bice 

isplacena ili na neki drugi nacin raspodijeljena u korist kupca, 

prodavca, zakupodavca iii zakupoprirnca-najrnoprirnca (ukljucujuci 

podrnirenje obaveze tog lica) nakon prodaje, razrnjene iii otkupa 

irnovine iii prestanka ugovora o zakupu; 

d) racun nije kreditni brokerski racun (margin account) iii slican 

racun otvoren u vezi s prodajorn ili razrnjenorn finansijske 

irnovine; 

e) racun nije povezan sa racunom kreditne kartice; 

3. 	 Obaveza finansijske institucije koja servrsua zajarn osiguran 

nekretninom stavljanjem na stranu dijela uplate jedino u svrhu lakseg 

podmirenja poreza iii osiguranja povezanih sa nekretninom u nekom 

trenutku u buducnosti; · 

4. 	 Obaveza finansijske institucije jedino da olaksa placanje poreza u nekorn 

trenutku u buducnosti. 

E. 	 Racuni u partnerskoi jurisdikciii- Racun koji se vodi u Cmoj Gori i koji je 

iskljucen iz definicije finansijskog racuna na osnovu sporazurna izrnedu 

Sjedinjenih Dr2ava i druge partnerske jurisdikcije radi lakse primjene FATCA-e, 

pod uslovom da se na takav racun prirnjenjuju isti uslovi i nadzor utvrdeni 

propisima te druge partnerske jurisdikcije, kao da je takav racun otvoren u toj 

partnerskoj jurisdikciji i da ga vodi finansijska institucija partnerske jurisdikcije u 

toj partnerskoj jurisdikciji. 

VI 	Definicije. Na prethodno opisano primjenjuju se sljedece dodatne definicije: 

A. 	Model izvjestavanja 1 SFI- Izraz Model izvjestavanja 1 SFI oznaeava finansijsku 

instituciju u odnosu na koju se neka nearnericka vlada ili njena agencija saglasila 

da prikuplja i razmjenjuje inforrnacije u skladu sa rnodelorn 1 IGA-e, razlicita od 

finansijske institucije koja se srnatra neucestvujucom finansijskorn institucijom na 

osnovu modela 1 IGA-e. Za potrebe ove definicije izraz model 1 IGA oznaeava 

aranZlllan izrnedu Sjedinjenih Dr2ava iii Ministarstva za finansije i nearnericke 

vlade iii njene agencije iii agencija o sprovodenju FATCA-e izvjestavanjern 

finansijskih institucija takve nearnericke vlade iii njene agencije, praceno 

automatskom razrnjenorn tako dostavljenih inforrnacija s IRS-om. 

B. 	 Ucestvujuci SFI- Izraz ucestvujuci SFI oznaeava finansijsku instituciju koja se 

saglasila dace ispuniti uslove iz SFI sporazurna, ukljucujuci finansijsku instituciju 

opisanu u modelu 2 IGA-e, koja se saglasila da ce ispuniti uslove iz SFI 

sporazurna. Izraz ucestvujuci SFI takode ukljucuje kvalifikovanu posrednicku 

filijalu izvjestajne finansijske institucije SAD-a, osim ako takva filijala nije model 

izvjestavanja 1 SFI. Za potrebe 'ove definicije, izraz SFI sporazurn oznaeava 

sporazurn u kojern se navode uslovi koje finansijska institucija treba da ispuni 

kako bi se smatralo da ispunjava uslove iz odjeljka 1471(b) Zakonika o 

unutrailnjim prihodima SAD-a. Pored toga, za potrebe ove definicije, izraz model 

2 IGA oznaeava aranZlllan izrnedu Sjedinjenih Dr2ava iii Ministarstva za finansije 

i nearnericke vlade iii njene agencije iii agencija o laksern sprovodenju FATCA-e 

izvjestavanjem finansijskih institucija direktno IRS-u, u skladu s uslovirna SFI 

sporazurna, dopunjeno razmjenorn informacija izrnedu te nearnericke vlade iii 

njene agencije i IRS-a. 

Aneks II-11