Titan Medical Inc (TMDIF)

[Geo2014]

Then all shares purchased while Titan has been a PFIC, since 2011, are taxed under PFIC rules. As far as we know, they still are a PFIC. There is a possibility that as of the end of last month (May) they may no longer be a PFIC because they now have a USA subsidiary. This we are not sure of. BUT, I am confident all your stock purchases before end of May 2020 are considered PFIC share ownership.