Internal Revenue Service May 6, 2020 – Federal Register Recent Federal Regulation Documents

Definitions and Reporting Requirements for Shareholders of Passive Foreign Investment Companies; Correcting Amendment
Document Number: 2020-08113
Type: Rule
Date: 2020-05-06
Agency: Internal Revenue Service, Department of Treasury, Department of the Treasury
This document contains corrections to Treasury Decision 9806, which was published in the Federal Register on Wednesday, December 28, 2016. Treasury Decision 9806 contained final regulations that provided guidance on determining ownership of a passive foreign investment company (PFIC) and on certain annual reporting requirements for shareholders of PFICs to file Form 8621, ``Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund.''