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3. If a non-bank P2P payment provider initiates a debit card “pass-through” payment from the consumer's account held by a depository institution ... The meaning of PASS-THROUGH is the act, action, or process of offsetting increased costs by raising prices. How to use pass-through in a ... “Passthru payments” means any “withholdable payment” and any “foreign passthru payment” and the implementation of such FATCA withholding ... The final regulations reserve on the definition of a foreign passthru payment. Foreign payee. The term foreign payee means any payee other than a US payee. The broader reach of the passthru payment rules means that significantly more time will be needed before compliance will be possible. Foreign passthru payments made to recalcitrant account holders and nonparticipating FFIs by a participating FFI are also subject to withholding; ... Meaning you don't pay tax twice (at the corporate and personal level) on the same source of income. By comparison, traditional corporations are ... gov means it's official. Local, state, and federal government websites ... If the pass-through entity is planning to make the election to pay tax at ... A pass-through security is a derivative based on certain debt receivables that provides the investor a right to a portion of those profits. Advance payment, A payment that a Federal awarding agency or pass through entity makes by any appropriate payment mechanism, including a predetermined payment ...