We have had many clients with unreported foreign mutual funds. As a result, it is…
New Webinar: An Introduction to the Taxation of Passive Foreign Investment Companies
- May 9, 2022
- 3:00 pm to 4:00 pm
Many investors unknowingly invest in Passive Foreign Investment Companies (PFICs) and as a result must file IRS Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. Taxpayers are often shocked to see the degree of complexity and punitive tax rates which can arise from a nominal investment in a foreign mutual fund.
Please join us for a complimentary webinar to cover the following:
- The basics of PFIC reporting on Form 8621 with an emphasis on investments in foreign mutual funds and foreign hedge funds
- Important elections to consider when making investments in PFICs
- Practical solutions to address non-compliance or missed elections in this area
*Attendees will be able to earn 1.5 hours of NJ CPE credits in Taxation
To sign up: https://www.wgcpas.com/eventer/an-introduction-to-the-taxation-of-passive-foreign-investment-companies/?utm_medium=email&_hsenc=p2ANqtz-_yFC3M20p2g4uUDJsqyQ-QXpBu5H7x8yIlJaq5sfZv-dnGpV2HIgMepf4wmhuEQEsp8XYUwTKrgHOVBbbI5Ahj-TLtyg&_hsmi=2&utm_content=2&utm_source=hs_email&hsCtaTracking=eb78e0f1-a18d-4520-8d97-e17185c3e55a%7Cd4d444ed-9ef2-4a10-82e1-2038e7ee2c4d
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