RP-2014-39: Application Procedures and Overview of Requirements for Qualified Intermediary Status Under Chapters 3, 4, and 61 and Section 3406
Internal Revenue Service (IRS) sent this bulletin at 06/27/2014 02:11 PM EDT
 |
||
|
||
News EssentialsIRS Resources |
Issue Number: RP-2014-39Inside This IssueRevenue Procedure 2014-39 updates the Qualified Intermediary (QI) agreement published in Rev. Proc. 2000-12, 2000-1 C.B. 387 (as amended) applicable to foreign intermediaries that wish to enter into a QI withholding agreement with the IRS under §1.1441-1(e)(5). The QI agreement is being updated to reflect the enactment of Chapter 4 (§§1471-1474) of the Code, and the issuance of regulations under section 3406 and chapters 3, 4, and 61 of the Code. Rev. Proc. 2014-39 supersedes Rev. Prov. 2000-12 with respect to the requirements of a QI that apply on or after June 30, 2014, and is effective as of the date of public release. Revenue Procedure 2014-39 will be published in IRB 2014-29, dated July 14, 2014. Thank you for subscribing to IRS GuideWire, an IRS e-mail service. If you are a Tax Professional and have a specific concern about your tax situation, call the IRS Practitioner Priority Service 1-866-860-4259. This message was distributed automatically from the IRS GuideWire mailing list. Please Do Not Reply To This Message. |