U.S.A.: IRS publishes deadline for QI, QDD, WP and WT applications for 2017


On 17 October 2017, the Internal Revenue Service (IRS) published an alert requesting applicants for Qualified Intermediary (QI) (including Qualified Derivatives Dealer (QDD)), Withholding Foreign Partnership (WP) and Withholding Foreign Trust (WT)) status to submit their application through the Qualified Intermediary Application Account Management System (QAAMS) by latest 17 November 2017 to have their agreement in effect in 2017.

We continue to monitor the situation and will provide further information as it becomes available.

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