The other option is to set up your PFIC as a qualified electing fund corporation ( QEF) from the very beginning. ... then ita#39;s only necessary to change the percentage by generating more active business income, or less passive investment income.
|Title||:||Where to Stash Your Cash ... Legally, Second Edition|
|Author||:||Robert E. Bauman|
|Publisher||:||The Sovereign Society - 2007-10-01|