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Re: cptjsd post# 33399

Saturday, 03/12/2016 8:03:10 AM

Saturday, March 12, 2016 8:03:10 AM

Post# of 140474
I tend to agree. The more you tell the IRS in an effort to be completely transparent, the more you can make problems for yourself. The average joe just trying to make some money using his hard earned cash to engage nd keep alive the engine of American (and Free World) Capitalism should not have to deal with the PFIC crap. Titan is a real company. No one is stashing cash there offshore. That is a fact. They can fail utterly too; we investors take that risk - Uncle Sam isn't!

Titan has paid big bucks to Ximedica (US), SAIL (US), US conference events, EVC, even Bertner, etc., will hire Americans, improve American healthcare, etc., etc.. I will just tell the IRS should they bring it up. That is real honesty, not some out-of-date, obscure, BS tax rule.

That's how I feel; sorry for the rant.