QI, WP, and WT RENEWAL DEADLINE ALERT

Qualified Intermediaries News February 28, 2017

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Issue Number:    2017-07 Inside This Issue QI, WP, and WT RENEWAL DEADLINE ALERT   1.  QI, WP, and WT RENEWAL DEADLINE ALERT The Internal Revenue Service (IRS) has opened the Qualified Intermediary (QI), Withholding Foreign Partnership (WP), and Withholding Foreign Trust (WT) Application and Account Management System (QI/WP/WT System) to create a more efficient and user-friendly method of administering QI/WP/WT agreements.  The deadline for all agreement renewals is March 31, 2017.  All QI/WP/WT agreements in effect prior to January 1, 2017 must be renewed by March 31, 2017 to continue in effect without interruption.  It is important that a QI/WP/WT begin its renewal process as soon as possible. All renewals must be completed and submitted using the new QI/WP/WT account management system.  All renewing QI/WP/WT applicants should review the system User Guide and FAQ's on the QI website before proceeding.  A renewing QI/WP/WT must create a new account on the system to renew its agreement.  The QI/WP/WT must submit its renewal application on the system to complete the transaction. Additional information, including the User Guide and FAQs, can be found on the QI/WP/WT System. Back to Top Thank you for subscribing to the Qualified Intermediaries e-mail list, an IRS e-mail service. If you know someone who might want to subscribe to this mailing list, please forward this message to them so they can subscribe. This message was distributed automatically from the Qualified Intermediaries mailing list. Please Do Not Reply To This Message. To subscribe to or unsubscribe from another list, please go to the Main Subscription Page on the IRS.gov web site.

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