SIFMA provides comments to the Internal Revenue Service (IRS) and the U.S. Department of the Treasury (Treasury) regarding the “Periodic Review” requirement under the Qualified Intermediary Agreement (QI Agreement). SIFMA appreciates the efforts of the IRS to revise the QI Agreement to reflect changes brought about as the result of the enactment of the Foreign Account Tax Compliance Act (FATCA).

See also:
Qualified Intermediaries (QI)