IRS announces all QI / WP / WT applications for 2024 must be submitted by September 30

Type
:
Obligation
Tax Area
:
Withholding tax
Status
:
Guidance
Qualification
:
Various
Implemented date
:
NA
Country
:
United States
Date added
1 Jul
,
2024
Docxster’s Summary

The IRS announced that qualified intermediary (QI), withholding foreign partnership (WP), and withholding foreign trust (WT) applications for 2024 must be submitted by September 30, 2023. This deadline applies to both new applicants and existing entities seeking to renew their agreements. Failure to submit the application by the deadline may result in the entity losing its status as a QI, WP, or WT.

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Source :
KPMG
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