◉ Category
Foreign Asset Reporting
Disclosure regimes for US persons with non-US accounts and investments: FBAR, FATCA, and PFIC reporting for UK ISAs, OEICs, and unit trusts.
Services in this category
- FBAR — foreign bank reportingRequired if your foreign financial accounts exceeded $10,000 in aggregate at any point during the calendar year.→
- FATCA reportingReport specified foreign financial assets on Form 8938 when thresholds are met — separate from, and in addition to, FBAR.→
- PFIC / ISA reportingUK ISAs, unit trusts, and OEICs are typically PFICs for US tax purposes — triggering punitive taxation unless elected properly.→