In my initial post I referred to the issues of Canada Housing Trust as "Mortgage backed securities" but I should have referred to these issues as Mortgage bonds.
I have received no response on this forum, but I believe this is simply debt issued by Canada Housing Trust so I don't see why it should ...
Search found 2 matches
- Fri Dec 13, 2019 11:19 am
- Forum: Canada / United States Tax & Accounting
- Topic: PFIC and Mortgage backed securities
- Replies: 1
- Views: 1814
- Wed Dec 11, 2019 12:05 pm
- Forum: Canada / United States Tax & Accounting
- Topic: PFIC and Mortgage backed securities
- Replies: 1
- Views: 1814
PFIC and Mortgage backed securities
Are bonds issued by CANADA HOUSING TRUST considered PFIC for US persons residing in Canada? In other words, are Canadian mortgage backed securities classified as PFIC?