Philippine UITFs From the US — The PFIC Tax Problem (And What to Buy Instead)
A BPI or BDO UITF can trigger PFIC tax rates over 37% on a small gain once you’re a US tax resident. Here’s the fix.
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A BPI or BDO UITF can trigger PFIC tax rates over 37% on a small gain once you’re a US tax resident. Here’s the fix.