Re:The IRS Tried to Take on the Ultrawealthy – It Didn’t Go ...
by jdsully on Friday April 05, 2019 @12:47PM
(#19584418)
Yes but the dimensions of a fuel tank are straightforward. The rules for a PFIC are intentionally designed by congress to be byzantine (to protect US investment funds).
The two rulesets are following different ethical norms.
The two rulesets are following different ethical norms.