A U.S. person that is a direct or indirect shareholder of a passive foreign investment company (PFIC) files Form 8621 if they: Receive certain direct or indirect distributions from a PFIC. Recognize a gain on a direct or indirect disposition of PFIC stock. Are reporting information with respect to a QEF or section 1296 mark-to-market election. Are making an election reportable in Part II of the form. Are required to file an annual report pursuant to section 1298(f). Current revision Form 8621 PDF Instructions for Form 8621 (Print version PDF) Recent developments None at this time. Other items you may find useful All Revisions for Form 8621 Other Current Products Related items About Form 1118, Foreign Tax Credit - Corporations About Form 8621-A, Return by a Shareholder Making Certain Late Elections To End Treatment as a Passive Foreign Investment Company About Form 8886, Reportable Transaction Disclosure Statement About Form 8938, Statement of Specified Foreign Financial Assets
