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Form 8621 (Rev. December 2000) Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund Department of the Treasury Internal Revenue Service OMB No. 1545-1002 Attachment
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What is form 8621 rev december?
Form 8621 rev december is a tax form used by taxpayers to report their ownership of passive foreign investment companies (PFICs).
Who is required to file form 8621 rev december?
Taxpayers who are considered to have an interest in a passive foreign investment company (PFIC) are required to file form 8621 rev december.
How to fill out form 8621 rev december?
To fill out form 8621 rev december, taxpayers need to provide information about their PFIC ownership, including the name of the PFIC, its tax year, the applicable elections, and the calculation of tax liability related to the PFIC.
What is the purpose of form 8621 rev december?
The purpose of form 8621 rev december is to ensure that taxpayers properly report their ownership and income from passive foreign investment companies (PFICs) for tax purposes.
What information must be reported on form 8621 rev december?
Form 8621 rev december requires taxpayers to report various information about their PFIC ownership, including the value of the investment, any gains or losses, and any distributions or dividends received.
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