From time to time people on the board who are up on tax rules relating to foreign investments have mentioned that a US investor should not buy say, a Canadian REIT. I think the tax reporting is disadvantageous, Since I have not done this, I am unfamiliar with the rules and issues. I cannot even remember the name of the class, maybe PPHC? I do not want to buy any additional tax issues, the normal 1040 is enough already.
He is a brief write up of a Hong Kong property company, traded in Hong Kong and also on US pink sheets. I see these sorts of articles sometimes, but never a mention of any tax difficulties. Could some of you look at this security, and tell me if it fits in the tarnished category, and what the criteria are? The name is Cheung Kong Holdings.
Cheung Kong Holdings: A Classic Conglomerate Valuation Dilemma - Seeking Alpha
Thanks for any help.