I’d like to know from some of our more educated investors more about PFIC companies. If you think SAND is a PFIC company and what is the best way to invest in a PFIC company to best protect yourself from high tax issues. Please respond only if you have some expertise in this matter as everyone seems to have an opinion but I don’t want anyone to get hurt by misinformation.
When asking an accountant, his advise was to stay away from PFIC investments. Thanks in advance for your suggestions of how to best protect your $$$$.