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What American Expats Need to Know About Foreign Mutual Funds
The IRS considers foreign mutual funds Passive Foreign Income Companies (PFIC). These incur extra taxes for U.S. citizens. How can U.S. expats invest in mutual funds?
By Douglas Goldstein | CFP® | Profile Investment Services4.7
33 ratings
What American Expats Need to Know About Foreign Mutual Funds
The IRS considers foreign mutual funds Passive Foreign Income Companies (PFIC). These incur extra taxes for U.S. citizens. How can U.S. expats invest in mutual funds?