What is a QEF Election for PFIC: Qualified Electing Fund
The Basics of a QEF Election In order to avoid the inevitable excess distribution calculation when it comes to a Passive Foreign Investment Company, a Taxpayer may be able to make a …
Instructions for Form 8621 (12/2024) - Internal Revenue Service
A PFIC is a QEF if a U.S. person who is a direct or indirect shareholder of the PFIC elects (under section 1295 (b)) to treat the PFIC as a QEF and complies with the requirements described in …
The QEF Election: How it impacts your Form 8621 filing
Oct 22, 2025 · For US taxpayers investing in foreign mutual funds, ETFs, or other passive foreign investment companies (PFICs), the Qualified Electing Fund (QEF) election is an important tax …
26 U.S. Code § 1293 - LII / Legal Information Institute
26 U.S. Code § 1293 - Current taxation of income from qualified electing funds
Qualified Electing Fund (QEF)
A qualified electing fund (QEF) is an election available to U.S. shareholders of a foreign corporation classified as a passive foreign investment company (PFIC) for federal income tax …
Qatar Economic Forum
The Qatar Economic Forum Powered by Bloomberg convenes some of the world’s most influential financial and economic thinkers, policy makers and business leaders to prepare a blueprint for …
QEF Elections and PFIC Strategy: A Conversation Worth Having
Jul 11, 2025 · The Qualified Electing Fund (QEF) election offers a way to mitigate the punitive excess distribution regime under U.S. tax law, but it comes with complexity that demands …
About Form 8621, Information Return by a Shareholder of a …
Mar 19, 2025 · 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 …
Guide to IRS Form 8621: PFICs, QEFs, and Filing Requirements
A Qualified Electing Fund (QEF) is a special type of PFIC where the U.S. shareholder elects to be taxed on their share of the company’s income each year, even if no distributions are received.
QEF elections following the final section 958 regulations - RSM US
Aug 22, 2024 · Generally, a QEF election may only be made on a timely filed return (including extensions). It cannot be made on an amended return and is only effective for the tax year it is …