Titan Medical Inc (TMDIF)

[scalpel]

Let me preface this recommendation with the fact that no one really understands PFIC filings, form 8621, and QEF’s, including some of the biggest tax attorneys in the country.

However, if one does not file form 8621 every year, the IRS MAY distribute your profit evenly over the entire time that you held the stock and then charge you fines and penalties for Not paying tax on the profit that you never received until the year that you sell for profit.