{"id":4229,"date":"2022-04-28T14:25:43","date_gmt":"2022-04-28T14:25:43","guid":{"rendered":"https:\/\/patellawoffices.com\/blog\/?p=4229"},"modified":"2022-04-28T14:25:45","modified_gmt":"2022-04-28T14:25:45","slug":"new-webinar-an-introduction-to-the-taxation-of-passive-foreign-investment-companies","status":"publish","type":"post","link":"https:\/\/patellawoffices.com\/blog\/planning-for-tax-minimization\/new-webinar-an-introduction-to-the-taxation-of-passive-foreign-investment-companies\/","title":{"rendered":"New Webinar: An Introduction to the Taxation of Passive Foreign Investment Companies"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\">Event Details<\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>May 9, 2022<\/li><li>3:00 pm to 4:00 pm<\/li><\/ul>\n\n\n\n<p>Many investors unknowingly invest in Passive Foreign Investment Companies (PFICs) and as a result must file IRS Form 8621,&nbsp;<em>Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund<\/em>. 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.<\/p>\n\n\n\n<p>Please join us for a complimentary webinar to cover the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The basics of PFIC reporting on Form 8621 with an emphasis on investments in foreign mutual funds and foreign hedge funds<\/li><li>Important elections to consider when making investments in PFICs<\/li><li>Practical solutions to address non-compliance or missed elections in this area<\/li><\/ul>\n\n\n\n<p><em>*Attendees will be able to earn 1.5 hours of NJ CPE credits in Taxation&nbsp;<\/em><\/p>\n\n\n\n<p>To sign up:&nbsp;<a rel=\"noreferrer noopener\" href=\"https:\/\/www.wgcpas.com\/eventer\/an-introduction-to-the-taxation-of-passive-foreign-investment-companies\/?utm_medium=email&amp;_hsenc=p2ANqtz-_yFC3M20p2g4uUDJsqyQ-QXpBu5H7x8yIlJaq5sfZv-dnGpV2HIgMepf4wmhuEQEsp8XYUwTKrgHOVBbbI5Ahj-TLtyg&amp;_hsmi=2&amp;utm_content=2&amp;utm_source=hs_email&amp;hsCtaTracking=eb78e0f1-a18d-4520-8d97-e17185c3e55a%7Cd4d444ed-9ef2-4a10-82e1-2038e7ee2c4d\" target=\"_blank\">https:\/\/www.wgcpas.com\/eventer\/an-introduction-to-the-taxation-of-passive-foreign-investment-companies\/?utm_medium=email&amp;_hsenc=p2ANqtz-_yFC3M20p2g4uUDJsqyQ-QXpBu5H7x8yIlJaq5sfZv-dnGpV2HIgMepf4wmhuEQEsp8XYUwTKrgHOVBbbI5Ahj-TLtyg&amp;_hsmi=2&amp;utm_content=2&amp;utm_source=hs_email&amp;hsCtaTracking=eb78e0f1-a18d-4520-8d97-e17185c3e55a%7Cd4d444ed-9ef2-4a10-82e1-2038e7ee2c4d<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Event Details 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,&nbsp;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 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_daextam_enable_autolinks":"1","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4229","post","type-post","status-publish","format-standard","hentry","category-planning-for-tax-minimization"],"_links":{"self":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts\/4229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/comments?post=4229"}],"version-history":[{"count":1,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts\/4229\/revisions"}],"predecessor-version":[{"id":4239,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/posts\/4229\/revisions\/4239"}],"wp:attachment":[{"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/media?parent=4229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/categories?post=4229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/patellawoffices.com\/blog\/wp-json\/wp\/v2\/tags?post=4229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}