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Are US based stock brokers reporting non-US resident stock holdings to respective govs?

Educate

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EducateActive RecruitAuthor
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Nov 2017
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#1

If you are a EU resident and are holding stocks in US brokers, will these holdings get reported to respective EU government?

They aren't members of CRS, but US is a member of FATCA, but does FATCA apply to reporting of stock ownership that is held in US?

And how to legally structure your holdings so they don't get reported?

negonHigh-Ranking Operative
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#2

Where do you hold these stocks? is it in a EU bank or Trading platform or?

EducateActive RecruitAuthor
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#3

auric said:

Where do you hold these stocks? is it in a EU bank or Trading platform or?

US registered, US based stock broker.

No trading activity, only holding stocks long term.

I would say - US trading platform.

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