ALERT: QI (including QDD), WP, WT Application Deadline for 2017

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Qualified Intermediaries News October 17, 2017

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Issue Number:    2017-11

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  1. ALERT:  QI (including QDD), WP, WT Application Deadline for 2017

  1.  ALERT:  QI (including QDD), WP, WT Application Deadline for 2017

Applicants for Qualified Intermediary (QI) (including Qualified Derivatives Dealer), Withholding Foreign Partnership (WP) and Withholding Foreign Trust (WT) status applying to have an agreement in effect in 2017 must ensure that their applications are submitted through the Qualified Intermediary Application Account Management System (QAAMS) no later than November 17th, 2017 to allow sufficient time for processing by year end.  Applicants must have obtained a GIIN prior to submitting their applications, if needed.  See section 2.22 of the QI agreement in Rev. Proc. 2017-15 or section 12 of the WP or WT agreement in Rev. Proc. 2017-21 for the effective date of an agreement for a new applicant. 

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