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Corporations TopicsIRS Resources | Issue Number: 2017-10Inside This Issue1. REMINDER for QI/WP/WT Agreement Renewals (and QDD Applicants) The extended deadline of 5/31/17 for submitting a qualified intermediary (QI)/foreign withholding partnership (WP)/foreign withholding trust (WT) request for renewal is almost here. It is important that a QI/WP/WT submit its renewal application as soon as possible. The Internal Revenue Service is granting an Effective Date of 1/1/17 for all properly submitted and approved renewal applications, including renewals containing a request for qualified derivatives dealer (QDD) status, submitted by 5/31/17. Additionally, because a QDD is a new entity type, all new QI Applications that also contain a request for QDD status submitted by 5/31/17 and that are approved will be granted an Effective Date of 1/1/17. For new WPs, new WTs and new QIs that are not applying for QDD status, the 3/31/17 new application deadline, for a 1/1/17 Effective Date, has passed. Additional information, including the User Guide and FAQs, can be found on the QI/WP/WT System. 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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