Ftai aviation ltd. announces 2022 pfic annual information statement, final k-1 tax package for fortress transportation and infrastructure investors llc

New york, march 20, 2023 (globe newswire) -- ftai aviation ltd. (“nasdaq: ftai”) is considered a passive foreign investment company (“pfic”) for the period beginning on november 10, 2022 and ending on december 31, 2022. if a u.s. holder owns a pfic, the u.s. holder may be required to file a form 8621. u.s. holders should consider making a qualified electing fund (“qef”) election with respect to ftai. ftai will post a 2022 “pfic annual information statement” to its website at https://ir.ftaiaviation.com/tax-information. this information is necessary for u.s. holders that wish to make a qef election. investors are urged to consult their tax advisors regarding implications of owning a pfic.
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