Note: NOT defending Barry Ohaha.
That 'foreign investment' thing can be tricky, and innocent. Nothing nefarious required
I got caught up in it ONCE when I had various Oil Co stocks. It was about a decade ago and I can't recall the company (it was small, not like BP). But I had a lot of extra forms and worksheets to fill out - it was a nightmare for me, even with a Tax program (TaxCut iirc), so I sold it all the next day or so.
Another pain was some Oil Co Stocks I had for a company solely located in Alaska. The dividends were great but because of the 'payment distribution to Alaska residents', it was another paperwork nightmare. Dumped those too pdq.
In fact I got completely out of Oil then. Wasn't worth the time and effort at tax time.
Yeah..... but you’re honest AND a patriot....big difference.