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What does QEF stand for?

QEF stands for Qualified Electing Fund (IRS)

This definition appears frequently and is found in the following Acronym Finder categories:

  • Military and Government

See other definitions of QEF

Other Resources:
We have 11 other meanings of QEF in our Acronym Attic

Samples in periodicals archive:

1296 (available for assets that are regularly traded on qualified exchanges or other markets) or the election to be treated as a qualified electing fund (QEF) under Sec.
1298(f) was enacted, the only taxpayers who were required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund, were U.
Alternatively, a shareholder of a PFIC may make a qualified electing fund (QEF) election under subsection 1295(b) of the Code to include income from a PFIC on an accrual basis under section 1293 of the Code (with a potential election in section 1294 of the Code to defer payment of tax on certain undistributed earnings).
taxpayers can find themselves paying significantly more tax than they would have paid if they recognized income from the PFIC shares on an annual basis by making a timely mark-to-market election or by choosing qualified electing fund (QEF) status.
Certain transition issues exist with respect to CFCs that may have been PFICs in years prior to the effective date of this provision, and for which a Qualified Electing Fund (QEF) (or other deemed E&P inclusion) election may have been made or may have been planned for future years.