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T H ES P I G OT from the NORTH DAKOTA RURAL WATER SYSTEMS ASSOCIATION North Dakota Rural Water Systems Association Patrick Dense Memorial Scholarship Application Who should apply?3A child or grandchild
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SPIG stands for Special Information Return for Passive Foreign Investment Companies.
US persons who own shares in a Passive Foreign Investment Company (PFIC) are required to file SPIG.
SPIG can be filled out electronically through the IRS e-file system or by mailing a paper form to the IRS.
The purpose of SPIG is to report information about passive foreign investments and to prevent tax evasion.
SPIG requires the reporting of information such as the name and address of the PFIC, the type of income earned, and the taxpayer's ownership percentage.
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