Canadian mutual funds in non-resident RRSP?- not so fast !!!

This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.

Moderator: Mark T Serbinski CA CPA

Post Reply
denisharlock
Posts: 27
Joined: Sat Feb 03, 2007 10:31 pm

Canadian mutual funds in non-resident RRSP?- not so fast !!!

Post by denisharlock »

As a US resident, I have an RRSP in Canada. I want to invest in Canadian mutual funds (DFA funds) but have been introduced to PFICs.

I understand that Canadian mutual funds are deemed a PFIC - and have bad tax implications. Can you please inform us about them?

Thanx, Denis
Top
Post Reply

Return to “Canada / United States Tax & Accounting”