QI account management system opens in April 2018 | KPMG | BE
close
Share with your friends

QI account management system opens in April 2018

QI account management system opens in April 2018

The IRS issued a release announcing that the qualifying intermediaries (QI) application and account management system will be open to accept QI certifications beginning early April 2018.

1000

Partner, Tax & Legal Advisers

KPMG in Belgium

Contact

Related content

QI account management system opens in April 2018

The IRS release explains that: 

  • The certification due date depends on which year the QI selected for its periodic review.
  • The certification due date for a QI that selected 2015 or 2016 for its periodic review and that has a certification period ending in 2017, or that obtained a waiver of its periodic review and that has a certification period ending in 2017, is 1 July 2018. For these reviews, the IRS will permit an extension to 1 September 2018 to provide the certification.
  • The certification due date for a QI that selected 2017 for its periodic review is 31 December 2018. The IRS will, however, permit an extension to 1 March 2019 for providing the certification.
  • All QI entities will receive an announcement on their message board that the QI account management system will open in early April 2018.

© 2018 KPMG Tax and Legal Advisers, a Belgian Civil Cooperative Company with Limited Liability (burg. CVBA/SCRL civile) and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

Connect with us

 

Request for proposal

 

Submit