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
Canadian mutual funds in non-resident RRSP?- not so fast !!!
Moderator: Mark T Serbinski CA CPA
-
- Posts: 27
- Joined: Sat Feb 03, 2007 10:31 pm