PART III. WAIVER OF PERIODIC

REVIEW

For purposes of this Part III, “partner” means, unless otherwise specified, any partner for which WP acts as a WP. For sections B.1 through 6 of this Part III, while the curing of inadequate documen- tation is permissible, the information re- ported in these sections must not reflect any remediation or curing. In order to be eligible for a waiver, WP must be able to confirm all of the eligibil- ity requirements in Section A are met.

A. Eligibility for Waiver (check each statement to confirm)

1. WP is an FFI.
2. WP is not part of a consolidated compliance program.
3. For each calendar year in the certification period, the reportable amounts received by WP do not exceed $1 million.
4. WP timely filed its Forms 1042, 1042–S, 8966 (or, if WP is a reporting Model 1 FFI, any analogous forms used for reporting account information pursuant to an applicable Model 1 IGA), 1065, and Schedules K–1, as applicable, for all years (fiscal or calendar) in the certification period.
5. WP made all periodic certifications and reviews required by sections 8.02

and 8.03 of the WP Agreement as well as any certifications required pursuant to WP’s FATCA requirements as a participating FFI or registered deemed-compliant FFI. 6. WP made the certification of effective internal controls in Part II.A. B. Information required (provided for the

most recent year in the certification period for which filing has been made by the time of this waiver request)

1. The total number of partners a. Total number of direct partners

i. Foreign persons ii. U.S. persons iii. Foreign intermediaries and flow-through entities b. Total number of indirect partners

i. Foreign persons ii. U.S. persons iii. Foreign intermediaries and flow-through entities 2. The total number of non-U.S. partners that received reportable amounts

a. The total number of such part ners that have valid documentation. b. The total number of such part ners that have no documentation or invalid documentation. 3. The aggregate amount of reportable amounts received for non-U.S. partners 4. The total number of Forms 1042–S filed by WP. 5. The total number of Schedules K–1 filed by WP. 6. The aggregate amount of tax withheld under chapter 3. 7. The aggregate amount of tax withheld under chapter 4. 8. The aggregate amount of withheld tax deposited by WP.