Article By:
Vivian Lewis
Monday, April 13, 2015 10:29 AM EDT
A PFIC is a foreign investment corporation where 75% or more of the income for a taxable year is passive, based on US regs, or where at least 50% of the assets held by it are produced as passive income.
In this article: PSHZF, KWERF, IVSBF, CGRIF, AROFF, FBASF, SSLT, BP, TEVA, PRGO, VALE, BNS, CRH, YMAIF, BDRAF