The Little-Known Tax Trap Every US Investor Needs to Avoid
Useful tax tips! The retirement account method of holding PFICs is the easiest for the average American to deploy.
If you're really rich, you can also hold PFICs through charitable trusts or nonprofit entities. For instance, university endowments invest outside the US tax-free. https://www.nytimes.com/2017/11/08/world/universities-offshore-investments.html
Useful tax tips! The retirement account method of holding PFICs is the easiest for the average American to deploy.
If you're really rich, you can also hold PFICs through charitable trusts or nonprofit entities. For instance, university endowments invest outside the US tax-free. https://www.nytimes.com/2017/11/08/world/universities-offshore-investments.html