#pfic

[citizenshipsolutions]

What To Hold And What NOT To Hold In A Canadian TFSA Or UK ISA

Americans abroad should have a Canadian TFSA or U.K. ISA. But, they need to be very careful about what they hold in them …https://t.co/piBiUCi51h — John Richardson – Counsellor for US persons abroad (@ExpatriationLaw) July 8, 2026 What follows is a post that I wrote for the Isaac Brock Society. It has broad application. I thought I would provide it on this blog as well. The Saga Continues – What…

[jizietho]

An Archive of Our Own, a project of the Organization for Transformative Works

5 times that Tubbo makes Ash physically unwell with love + 1 they swap roles.

[jizietho]

pix she/her eng + pt-br

sideblog for minecraft shipping, block n move on if u don't wanna see that

qsmp hermitcraft n life series mostly

ships i'll prob post about bc idk i wanna make a list (most posted about at the moment are highlighted pink): grumbo scarian tubswag smalletho ethubs jizzietho guapoduo hideduo treebark gempearl deathduo

my blog is the mature tag on ao3, not explicit (if that makes sense on explaining my nsfw ask boundaries)

every ship i post about is of personas/characters/cubitos and not rpf

tags: part for art, pfics for fics, pasks for asks, plivechat for- u get the gist

all posts will be tagged w the ship in case u wanna block specific ones

[citizenshipsolutions]

PFIC: Revenue Procedure 2026-10 - Making A Retroactive Qualified Electing Fund (QEF) Election

Introduction The 1986 PFIC rules created a new tax regime for U.S. investors in certain foreign corporations. Generally, the rules should be understood to mean: If you do NOT pay tax before having received a distribution (1295 QEF Election usually resulting in @DoubleTaxation ) you will pay… pic.twitter.com/0l8IHKatV5 — John Richardson – Counsellor for US persons abroad (@ExpatriationLaw)…

[citizenshipsolutions]

General Explanation Of The 1986 Tax Reform Act - PFIC Edition

PFICs were introduced as part of the 1986 tax reform. In order to understand the intent of the PFIC rules it is useful to read the general explanation of the tax reform act. The explanation starts at page 1021 of the document or page 1037 of the pdf. It is worth the read … https://web.archive.org/web/20120507115421/https://www.jct.gov/jcs-10-87.pdf/ jcs-10-87 John Richardson – Follow me on…

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[citizenshipsolutions]

Part 45 - "Some" examples where the U.S. creates unrealized "foreign income" before a realization event in the source country

Let There Be Income And There Was Income! The United States has an increasing propensity to create “deemed income” in circumstances where the taxpayer has received no income to pay the tax. In some cases the “deemed income” created is “foreign source” income. In other cases it is purely domestic source. When the “deemed income” is “foreign source” income over which the other country has primary…

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[abacuswealthcom]

On the 23rd of February, we will hold a webinar to help you with your business. Learn how to stay in compliance with FATCA and PFIC rules while avoiding costly investment hazards.

[abacuswealthcom]

You should be aware of the six costly mistakes that should be avoided after watching this webinar. Learn how to avoid costly investment pitfalls and stay in compliance with FATCA and PFIC requirements.