July 7, 2022
Ecovis Global published an article by Tax Supervisor Benny Taveras, about U.S. passive foreign investment company rules.
Ecovis Global
By Benny Taveras, Supervisor, Tax & Business Services
Excerpt:
Many taxpayers are surprised to learn that they are investors in a passive foreign investment company and that this can have negative tax consequences. The experts from Marcum LLP can provide a detailed analysis of a taxpayer’s PFIC exposure, U.S. tax liability from PFIC investments, and planning opportunities to improve their effective global tax structure.
