itonewbie
Level 15
12-06-2019
06:21 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
What is subject to FBAR reporting is financial interest in and signatory authority over foreign financial accounts (instead of the assets), based on the aggregate maximum balance of these accounts. If you are referring to an account maintained at Computershare in the US, no, the account is not subject to FBAR reporting.
---------------------------------------------------------------------------------
Still an AllStar
Still an AllStar