The US Internal Revenue Service published Notice 2016-42, which proposes the terms of a new Qualified Intermediary Agreement. The proposed QI Agreement builds upon Rev. Proc. 2014-38, which contains the terms of the Qualified Intermediary Agreement currently in effect. The modifications contained in the proposed QI Agreement, while not numerous, are significant. This Legal Update discusses several important modifications to the current QI Agreement that are included in the proposed QI Agreement.
Related Capabilities
Latest Perspectives
-
October 202020 -
October 122020
Bloomberg Tax & Accounting Portfolio 5507-4th: SEC Reporting Issues for Foreign Private Issuers
Bloomberg Tax & Accounting -
October 092020