Has anyone seen a PFIC AIS that meets the U.S. requirements?

Tax and legal
1

For U.S. investors in Portugal who invested through funds:

Has your CPA confirmed whether your QEF election is supported by an Annual Information Statement that was prepared in a manner that meets the requirements under Reg. 1.1295-1(g)?

I’ve reviewed multiple AIS samples and so far have not seen one that meets those requirements. If anyone has a redacted AIS that does, I would appreciate seeing it for comparison. Thanks!

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2

What is it that’s missing from the ones you’ve seen?

3

Here you go. This is the same format I’ve been sent for the past 5 years and all CPA verified.

Redacted PFIC.pdf (86.7 KB)

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4

Thanks for this. I’m also looking for a fund that provides good PFIC statements. Would you recommend your current fund and/or manager (assuming they still have funds available that are not fully subscribed)?

5

I’m invested in a VC fund with these guys. Mine is already mid-cycle but I believe they start new ones periodically. You can contact them through the website for details:

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