2024 Taxable Year
Through June 30, 2024 Circle's parent company was based in Ireland. As such, we undertook our annual review to determine whether the company was within the scope of the Passive Foreign Investment Company (PFIC) regulations under US law. Circle has determined that it was NOT a PFIC in 2024.
2023 Taxable Year
During 2023, Circle's parent company was based in Ireland. As such, we undertook our annual review to determine whether or not we are considered to be a Passive Foreign Investment Company (PFIC), a designation that may vary from year to year. Circle has determined that it was NOT a PFIC in 2023.
If you have any questions about Circle's PFIC status, please send an email to PFIC-questions@circle.com
If you have any questions about your individual holdings, please direct them to talent-rewards@circle.com