# Guidance on Passive Foreign Investment Companies
> **IRS** · Final regulations. · Published 2021-01-15 · Effective 2021-01-14 · 86 FR 4516
## Document
- **Document number:** 2020-27009
- **Category:** tax-irs
- **Sub-agency:** IRS
- **Federal Register citation:** 86 FR 4516
- **CFR reference:** 26 CFR 1
- **Publication date:** 2021-01-15
- **Effective date:** 2021-01-14
- **Treasury docket:** TD 9936
## Abstract

This document contains final regulations regarding the determination of whether a foreign corporation is treated as a passive foreign investment company ("PFIC") for purposes of the Internal Revenue Code ("Code"), and the application and scope of certain rules that determine whether a United States person that indirectly holds stock in a PFIC is treated as a shareholder of the PFIC. The regulations affect United States persons with direct or indirect ownership interests in certain foreign corporations.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2021/01/15/2020-27009/guidance-on-passive-foreign-investment-companies)
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