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I own Israeli bonds through Computershare, a US based company. Is this considered a foreign financial asset?

 
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SabrinaD2
Expert Alumni

I own Israeli bonds through Computershare, a US based company. Is this considered a foreign financial asset?

If you own Israeli bonds through Computershare, a U.S.-based company, these bonds are generally not considered a foreign financial asset for Foreign Account Tax Compliance Act (FATCA) reporting purposes

 

This is because the bonds are held through a U.S. financial institution, which means they are not directly held in a foreign financial account.

 

For additional information click here.

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