FATCA News & Information

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FATCA News & Information December 15, 2016

Useful Links: IRS.gov FATCA Home News Essentials Key FATCA Provisions News Releases IRS - The Basics IRS Guidance Media Contacts e-News Subscriptions IRS Resources Compliance & Enforcement Contact My Local Office Filing Options Forms & Pubs Frequently Asked Questions News Taxpayer Advocate Where to File Issue Number:  2016-25 Inside This Issue IRS Removes QI, WP, and WT Questions from the FATCA Online Registration System IRS To Discontinue Limited Conditional Status 1.  IRS Removes QI, WP, and WT Questions from the FATCA Online Registration System Soon, the IRS will launch a new Qualified Intermediary (QI), Withholding Foreign Partnership (WP) and Withholding Foreign Trust (WT) system allowing these entities to manage their information online. The QI, WP and WT related questions will be available in the new system. Additional information on the updates to the FATCA Online Registration System is available via the FATCA Online Registration user guide. Back to top 2.  IRS To Discontinue Limited Conditional Status FATCA Online Registration system users should not select the limited conditional classification option in Question 4 when registering after Dec, 31, 2016. Although the option will remain in the system until mid-2017, it will no longer be valid after Dec. 31, 2016. See FATCA Frequently Asked Questions for further guidance. Stay informed of limited conditional announcements and other important FATCA updates by subscribing to the FATCA News and Information List. Back to top Thank you for subscribing to FATCA News & Information, an IRS e-mail service. For more information on federal taxes please visit IRS.gov. This message was distributed automatically from the FATCA News & Information mailing list. Please Do Not Reply To This Message.

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