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Geo2014

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Geo2014

Re: defender39 post# 108584

Thursday, 06/25/2020 1:46:05 PM

Thursday, June 25, 2020 1:46:05 PM

Post# of 140476
What they mean by that is once you purchase shares from a PFIC, they are always taxed like a PFIC. Titan loses PFIC status once they no longer meet PFIC requirements (ie, become a US corp, report active income or are purchased by a non-PFIC)
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