What is an NFE and what is the difference between an Active NFE and a Passive NFE?

NFE is an acronym that stands for a Non-Financial Entity, which is any Entity other than a Financial Institution. Please kindly refer to the definitions of NFE, Active NFE, Passive NFE and Passive Income located in the glossary for further information.

If you are still unsure what the correct status is for your Entity, please speak to your tax advisor as at Tide we are unable to provide any tax advice.

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