MT 574 (IRSLST) Field Specifications

15. Field 22F: Indicator

FORMAT

Option F

:4!c/[8c]/4!c

(Qualifier) (Data Source Scheme) (Indicator)

PRESENCE

Mandatory

QUALIFIER

(Error code(s): T89)

Order	M/O	Qualifier	R/N	CR	Options	Qualifier Description
1	M	RECT	N		F	Recipient Type
2	M	ACCL	N		F	Account Classification
3	M	DOCT	N		F	Documentation Type

DEFINITION

This qualified generic field specifies:

ACCL	Account Classification	Indicates the classification of the beneficial owner.
DOCT	Documentation Type	Indicates the type of documentation for every person from whom documentation has been received by the nonqualified intermediary to the withholding agent.
RECT	Recipient Type	Indicates the type of recipient based on recipient codes used for filing Forms 1042-S if the foreign person is a recipient as defined in section 1.1461-1(c)(1)(ii) of the Treasury Regulations.

CODES

If Qualifier is ACCL and Data Source Scheme is IRSX, Indicator must contain one of the following codes (Error code(s): K22):

FBEN	Foreign Person - Beneficial Owner.
FBRA	Foreign Person - U.S. Branch.
FELT	Foreign Person - Flow Through Entity.
FIMY	Foreign Person - Intermediary.
USEX	U.S. Exempt Recipient.
USNX	U.S. Nonexempt Recipient.

CODES

If Qualifier is DOCT and Data Source Scheme is IRSX, Indicator must contain one of the following codes (Error code(s): K22):

W8BE	Form W8-BEN. Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding.
W8IM	Form W8-IMY. Certificate of Foreign Intermediary, Foreign Partnership, or Certain U.S. Branches for United States Tax Withholding.
W8EC	Form W8-ECI. Certificate of Foreign Person's Claim for Exemption From Withholding on Income Effectively Connected With the Conduct of a Trade or Business in the United States.
W8EX	Form W8-EXP. Certificate of Foreign Government or Other Foreign Organization for United States Tax Withholding.
W9US	Request for Taxpayer Identification Number and Certification.
OTHR	Other Document.

CODES

If Qualifier is RECT and Data Source Scheme is IRSX, Indicator must contain one of the following codes (Error code(s): K22):

0001	Individual.
0002	Corporation.
0003	Partnership other than withholding foreign partnership.
0004	Withholding foreign partnership or withholding foreign trust.
0005	Trust.
0006	Government or international organization.
0007	Tax-exempt organization (IRS section 501 (a)).
0008	Private foundation.
0009	Artist or Athlete.
0010	Estate.
0011	U.S branch treated as U.S. person.
0012	Qualified Intermediary.
0013	Private arrangement intermediary.
0014	Qualified Intermediary withholding rate pool.
0015	Qualified Intermediary withholding rate pool-exempt organizations.
0020	Unknown recipient.