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Perverse Incentives
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
A New Stock Idea
Article By:
Vivian Lewis
Tuesday, March 24, 2015 12:01 PM EDT
We have another European real estate play. The venerable US real estate investment and services firm Kennedy Wilson (KW, est. 1977) just over a year ago spun off its European investment operations into a new London listed entity.