Form 8621 PFIC Reporting: Navigating the Highly Complex IRS Passive Foreign Investment Company Rules 2017

Topics

• Calculating the "tax and interest" on PFICs under IRC 1291
• Types of foreign investments that must be reported as PFIC holdings
• Tax effects of these elections, from a tax due and a reporting standpoint
• Available elections to opt out of PFIC treatment
• Completing a Form 8621 to report PFIC holdings, including reporting elections

Who should Attend

• Tax Advisors
• Tax Return Preparers
• Securities Dealers