Does anyone have experience with Prosus being regarded as a PFIC? How big of a nightmare is it to deal with? Without being an expert I personally think PFIC rules are a bit dumb for US investors in listed stocks... I understand not wanting US investors to own foreign funds but listed shares even in holdcos seems stupid since an investor will still be taxed on worldwide income and dividends/cap gains in those stocks
I imagine this might be a 2025 tax filing issue to deal with rather than prior years....
I am not a Prosus holder I invested in Tencent bc that's most of the story there but getting the rest for free has always been tantalizing (although they might just incinerate capital in delivery for instance)