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Post# of 140474
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Lurker05

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Lurker05

Re: Bristol19 post# 20310

Wednesday, 02/04/2015 12:14:06 PM

Wednesday, February 04, 2015 12:14:06 PM

Post# of 140474
Yes, that's what is being said. PFIC is a tax law set in place to DETER Americans from investing in foreign companies. But there are ways to highly reduce that rate, but you should TALK TO A TAX PROFESSIONAL. But that doesn't even matter until its time to sell!

Me personally I do not expect to have that meeting with a CPA until the end of 2016 or 2017...
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