POET Technologies Provides Clarity on its Passive Foreign Investment Company (PFIC) Status
POET Technologies announced it will provide necessary information for U.S. shareholders to make a Qualified Electing Fund (QEF) election to mitigate adverse U.S. tax consequences related to its potential Passive Foreign Investment Company (PFIC) status for fiscal year 2025. The company reported a net loss in 2025, so a QEF election is not expected …