A U.S. person that is a direct or indirect shareholder of a former Passive Foreign Investment Company (PFIC) or a Section 1297(e) PFIC is treated for tax purposes as holding stock in a PFIC and therefore continues to be subject to taxation under section 1291 unless the shareholder makes a purging election under section 1298(b)(1). Current Revision Form 8621-A PDF Instructions for Form 8621-A (Print Version PDF) Recent Developments None at this time. Other Items You May Find Useful All Form 8621-A Revisions About Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund Other Current Products
