Regulations Governing the Implementation of the Common Standard on Reporting and Due Diligence for Financial Institutions Article 12
The term “Broad Participation Retirement Fund” referred to in these Regulations means a fund established to provide retirement, disability, or death benefits to beneficiaries that are employees in consideration for services rendered, provided that the following requirements are met:1. A single beneficiary of the fund does not have a right to more than 5 per cent of the fund’s assets.2. The fund is subject to government regulations and provides information reporting to the tax authorities.3. At least one of the following requirements is met:(1) The fund is generally tax-favored on investment income.(2) The fund receives at least 50% of its total contributions from the sponsoring employers, other than transfers of assets from other retirement funds described in subparagraph 2 of Article 3, or from retirement and pension accounts described in subparagraph 1 of Article 23.(3) Distributions or withdrawals from the fund are allowed only upon the occurrence of retirement, disability, or death, except rollover distributions to other retirement funds described in subparagraph 2 of Article 3 or retirement and pension accounts described in subparagraph 1 of Article 23, or penalties applied to distributions or withdrawals made before the occurrence of retirement, disability, or death.(4) 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 USD 50,000 annually, the calculation of contributions shall apply the rules set forth in paragraph 2 of Article 34 and Article 49.
中文原文 金融機構執行共同申報及盡職審查作業辦法第12條
本辦法所稱廣泛參加人之退休基金，指以提供員工退休、失能或死亡給付為服務對價之基金，且其設立符合下列規定者：
一、單一受益人未享超過該基金百分之五資產之權利。
二、受法令規範且應向相關稅捐稽徵機關申報資訊。
三、符合下列規定之一者：
（一）其投資收益享有租稅優惠。
（二）該基金之提撥除自第三條第二款所定其他退休基金或第二十三條第一款所定退休金及養老金帳戶轉入之資產外，其百分之五十以上係由發起雇主提撥。
（三）僅在退休、失能或死亡始可分配或提領。
但移轉分配並累積至第三條第二款所定其他退休基金或第二十三條第一款所定退休金及養老金帳戶，或在退休、失能或死亡前分配或提領須受處罰者，不在此限。
（四）員工提撥金額規定係參考其受僱所得設有限額或每年不得超過五萬美元。
但為補足該基金而獲准之特定提撥，不在此限。
其提撥金額之計算應依第三十四條第二項及第四十九條規定辦理。
一、單一受益人未享超過該基金百分之五資產之權利。
二、受法令規範且應向相關稅捐稽徵機關申報資訊。
三、符合下列規定之一者：
（一）其投資收益享有租稅優惠。
（二）該基金之提撥除自第三條第二款所定其他退休基金或第二十三條第一款所定退休金及養老金帳戶轉入之資產外，其百分之五十以上係由發起雇主提撥。
（三）僅在退休、失能或死亡始可分配或提領。
但移轉分配並累積至第三條第二款所定其他退休基金或第二十三條第一款所定退休金及養老金帳戶，或在退休、失能或死亡前分配或提領須受處罰者，不在此限。
（四）員工提撥金額規定係參考其受僱所得設有限額或每年不得超過五萬美元。
但為補足該基金而獲准之特定提撥，不在此限。
其提撥金額之計算應依第三十四條第二項及第四十九條規定辦理。