Andersen Managing Director Joe Calianno’s Article on Retroactive QEF Relief Green Book Proposal Is Featured in Tax Notes

Andersen Managing Director Joe Calianno’s article Retroactive QEF Relief Made Easier: A Green Book Proposal That Should Be Enacted was recently featured in Tax Notes. In the article, Joe examines the various regimes for taxing U.S. persons who invest in passive foreign investment companies and the relief available to those persons making retroactive qualified electing fund elections (QEFs). Joe argues that the Biden administration’s fiscal 2025 proposal for expanding that relief for late QEF elections should be enacted.