This Blog Post on TaxConnections is an effort to respond in a practical way to the questions that people have. Please watch my presentation at the Internet Tax Summit to learn more.

“I Really Wish I Could Do Retirement Planning Like A “Normal” Person. But, I’m an American Abroad. I hear I can’t Invest in Mutual funds in my Country of Residence.

The “Coming into U.S. Tax Compliance Book” is designed to provide an overview of how to bring some sanity to your life.

My Assumptions: This discussion assumes without deciding, that non-U.S. mutual funds are PFICs AKA “Passive Foreign Investment Corporations”. Although a clear majority of Read More