It sounds like you were a shareholder of a Passive Foreign Investment Company (PFIC). There is no long-term capital gain treatment. The gain or loss is calculated on a daily basis, and loss in prior year is not used to offset any gain and gain is taxed at ordinary income tax rate. In other words, no LTCG treatment.
You need file Form 8621 if you receive certain PFIC direct/indirect distributions.
Instructions for Form 8621.
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