The U.S. IRS and Treasury have issued a notice and request for comments concerning Treasury Decision (TD) 9360, Guidance on Passive Foreign Investment Company (PFIC) Purging Elections. The notice was published in the Federal Register on 9 November 2021, seeking comments in regard to the collection of information to substantiate the taxpayer's computation of the taxpayer's share of the PFIC's post-1986 earning and profits. --- SUMMARY: The Internal Revenue Service (IRS), as part of its continuing effort to reduce paperwork and respondent burden, invites the general public and other Federal agencies to take this opportunity to comment on information collections,...