QI/WP/WT agreement renewals, 31 March deadline | KPMG Global
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QI/WP/WT agreement renewals, IRS final reminder of 31 March deadline

QI/WP/WT agreement renewals, 31 March deadline

The IRS today again issued a reminder of the approaching 31 March 2017 deadline for renewing all qualified intermediary (QI), withholding foreign partnerships (WP) and withholding foreign trust (WT) agreements. All QI/WP/WT agreements in effect prior to 1 January 2017 must be renewed by 31 March 2017 to continue in effect without interruption.


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The IRS release [PDF 52 KB] includes a statement that all renewals must be completed and submitted using the new QI/WP/WT account management system.  Also, all renewing QI/WP/WT applicants must review the system user guide and FAQs on the QI website before proceeding.

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