PFIC Statements & Other IRS Tax Information
Organizational Actions Form 8937
Issuers of specified securities are required to report to the Internal Revenue Service (IRS) organizational actions that affect the basis of the securities. To facilitate this cost basis reporting requirement, issuers must complete and post an informational IRS Form 8937.
Passive Foreign Investment Company
Canadian mutual funds are generally viewed as Passive Foreign Investment Companies (PFIC) for U.S. tax purposes and are subject to U.S PFIC rules. U.S. persons holding investments in Canadian mutual funds will be required to file IRS Form 8621 to report their investment in a PFIC.
Learn more about PFICs and its U.S. tax filing requirements:
PFIC Annual Information Statements - 2020 Tax Year
2020 Trust Documents
2020 Class Documents