Cut capital gains tax rate to below 1% pa with Qualified Electing Fund (called QEF by IRS). Mitt Romney filed 10 form 8621 for his 10 QEFs in 2010. Must be something http://tomazz1.wordpress.com/2014/03/08/tax-planning-for-pfics-and-cfcs-and-fatca/
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The Japan Equity Fund, Inc. is a diversified closed-end management investment company, whose shares are listed on the New York Stock Exchange (symbol:JEQ). The Fund invests substantially all of its assets in equity securities of Japanese companies wh