#London #United Kingdom #Tetragon Financial #U.S. Tax Reporting #PFIC Information

Tetragon Financial Group Ltd: Key Tax Reporting for U.S. Shareholders in 2024

Tetragon Financial Group Limited has announced a significant update for its self-identified U.S. shareholders regarding the necessary tax reporting for the 2024 calendar year. The firm aims to support these investors in fulfilling their federal income tax obligations by providing relevant information confidentially and efficiently.

Overview of the Tax Reporting Services

For the 2024 tax year, Tetragon will furnish vital information to shareholders that will assist them in meeting their U.S. tax filing requirements. This includes guidance necessary for making qualified electing fund (QEF) elections under the U.S. tax regulations governing Passive Foreign Investment Companies (PFICs). Shareholders who wish to receive this crucial information will need to reach out to Tetragon's Investor Relations department, ensuring that their contact information is submitted in a timely manner.

Importance of the Information Provided

The information that Tetragon intends to offer is essential for U.S. shareholders, particularly those with investments in PFICs, as it allows them to navigate their tax responsibilities more effectively. The company has made a commitment to exert reasonable efforts in gathering data related to the underlying portfolio companies that it identifies as PFICs. Nevertheless, shareholders should be aware that while some estimates may be provided ahead of the mid-April tax deadline, complete and accurate information may not be available until shortly before this deadline. Consequently, shareholders are advised to consider requesting an extension for their tax filing to accommodate any last-minute details.

Liability Disclaimer

It is essential to note that Tetragon will not accept liability for any inaccuracies or incompleteness of the information provided. This disclaimer emphasizes the importance of shareholders understanding their responsibilities and ensuring compliance with U.S. tax laws independently.

About Tetragon Financial Group

Tetragon Financial Group Limited operates as a closed-ended investment company based in Guernsey. The company’s non-voting shares are publicly traded on the Euronext in Amsterdam and on the Specialist Fund Segment of the London Stock Exchange. The management of Tetragon's investments is handled by Tetragon Financial Management LP, a reputable entity in the investment management field.

It's important to highlight that Tetragon’s non-voting shares are subject to specific restrictions concerning ownership by U.S. persons, emphasizing the company's focus on compliance with relevant legal frameworks. Moreover, these securities are not intended for retail investors in Europe, reflecting a careful approach to investment distribution.

For more detailed insights and updates, stakeholders are encouraged to visit Tetragon's official website at www.tetragoninv.com, especially the additional information section tailored for shareholders.

Conclusion

As the 2024 tax season approaches, Tetragon Financial Group remains dedicated to providing its U.S. shareholders with the necessary support to handle their tax reporting obligations proficiently. By ensuring transparency and facilitating access to crucial information, Tetragon demonstrates its commitment to maintaining an informed investor base, ultimately fostering a productive relationship with its shareholders.

For further inquiries, Tetragon has made its Investor Relations contact accessible, providing a direct line for shareholders who seek additional information. As a reminder, shareholders should be proactive about their tax filings to ensure compliance and avoid any potential penalties due to underreporting or failure to submit necessary documents.