IRS issues revised instructions for Form 8621 on PFIC reporting [TAX ALERT]
March 7, 2013The Service recently revised Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund (rev. December 2012) and its accompanying instructions.
A US person uses Form 8621 to report a direct or indirect interest in a passive foreign investment company (PFIC) or a qualified electing fund (QEF).
Further details are available from the Ernst & Young Tax Alert which can be accessed using the link below:
Questions or comments? Contact T Magazine and Ernst & Young
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