The horrors of retirement planning for #Americansabroad – #PFIC edition http://t.co/W3D9n1SC8i
— US Taxation Abroad (@TaxationAbroad) April 16, 2014
General discussion of how the PFIC rules work in theory:
#PFIC taxation and #Americansabroad http://t.co/LMn996W4ZN – Submission to the Senate Finace Committee
— US Taxation Abroad (@TaxationAbroad) April 16, 2014
Discussion of the incredible unfairness and stupidity of the PFIC rules in practice (don’t enter OVDP):
Painful discussion of what happens to #Americansabroad who invest for retirement – Must avoid #PFIC http://t.co/bvZIxZ9cf9
— US Taxation Abroad (@TaxationAbroad) April 16, 2014
And a comment that says it all: