PFIC Fundamentals (2022)

Primer on Taxation of Passive Foreign Investment Companies – Recorded 7/6/22

 Interested in this course? Email us at geri@compasstaxeducators.com 

The regulations governing the taxation of passive foreign investment companies is among the most complex in the Internal Revenue Code. This class is a primer on how to deal with these investments.

• Define a passive foreign investment company (PFIC)
• List five situations that require the filing of Form 8621
• Describe the default taxation of a PFIC under §1291
• Compare and contrast the taxation of a PFIC under §1295 and §1296

Education Information

IRS Program Number: NMVBP-T-00226-22-S
Length: 100 minutes plus optional question-and-answer session (no CE)
Prerequisite: None
Advanced Preparation: None
Program Level: Intermediate
Delivery Method: On-Demand (IRS)
Field of Study: Federal Tax Topic/Federal Tax Related Matter (IRS)
Credit hours: 2 IRS CE

Instructor: Mary Beth Lougen, EA, USTCP Click here to learn more about the instructor.

All continuing education credit is provided through Gregory & Associates, Inc. which is doing business as Compass Tax Educators. Click here to learn more about our education policies.

Stay tuned for the updated trainings coming soon.