Questions tagged [pfic]

Passive Foreign Investment Company (PFIC) is a US tax rule which can apply to non-US mutual funds, causing complications for US taxpayers who buy them

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How to determine which Canadian investments are tax-efficient for US taxpayers in Canada?

How can a Canadian, who is also a US Citizen, determine which Canadian investments (stocks, bonds, mutual funds, ETFs, REITs, etc.) are tax-efficient (especially considering PFIC rules) for a) a post-...
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Tax treatment of PFIC when investment is done monthly

I work in the US. Towards the end of 2016 I started investing in Indian Mutual Funds through an investment management acquaintance of mine. This has been with my income that is already taxed in the US....
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Clarifications On PFIC Rules

I have specific questions related to this post at ZeroHedge. Are these PFIC rules new? When looking at the criteria, I see on point two that 50% or more of its assets are assets that produce passive ...