Common Contracts
1 similar Agreement contracts
Proposed Qualified Intermediary Agreement Notice 2016-42Agreement • July 1st, 2016
This Notice sets forth the proposed qualified intermediary (QI) withholding agreement (QI agreement) entered into under §1.1441-1(e)(5).1 In general, the QI agreement allows foreign persons to enter into an agreement with the Internal Revenue Service (IRS) to simplify their obligations as a withholding agent under chapters 3 and 4 and as a payor under chapter 61 and section 3406 for amounts paid to their account holders.
