# General Rules for Making and Maintaining Qualified Electing Fund Elections
> **IRS** · Final regulations. · Published 2000-02-07 · 65 FR 5777
## Document
- **Document number:** 00-1892
- **Category:** other
- **Sub-agency:** IRS
- **Federal Register citation:** 65 FR 5777
- **CFR reference:** 26 CFR 1
- **Publication date:** 2000-02-07
- **Treasury docket:** TD 8870
## Abstract

This document contains final regulations that provide guidance to a passive foreign investment company (PFIC) shareholder that makes the election under section 1295 (section 1295 election) to treat the PFIC as a qualified electing fund (QEF), and for PFIC shareholders that wish to make a section 1295 election that will apply on a retroactive basis (retroactive election). In addition, this document contains a final regulation that provides guidance under section 1291 to a PFIC shareholder that is a tax-exempt organization. Lastly, this document contains final regulations under section 1293 for calculating and reporting net capital gain by a QEF, and also clarifies the application of the current income inclusion rules of section 1293 to interest in a QEF held through a domestic pass through entity.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2000/02/07/00-1892/general-rules-for-making-and-maintaining-qualified-electing-fund-elections)
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