According to
the IRS website, click here,
you report foreign financial accounts, including U. S. stocks held by the foreign
financial institution.
Foreign Financial Institution Investment Account
Q1. I have a financial account
maintained by a foreign financial institution that holds investment
assets. Do I need to report the financial account if all or any of the
investment assets in the account are stock, securities, or mutual funds issued
by a U.S. person?
If you have a financial account maintained by a foreign financial
institution and the value of your specified foreign financial assets is greater
than the reporting threshold that applies to you, you need to report the
account on Form 8938. A foreign account is a specified foreign financial
asset even if its contents include, in whole or in part, investment assets
issued by a U.S. person. You do not need to separately report the assets
of a financial account on Form 8938, whether or not the assets are issued by a
U.S. person or non-U.S. person.
