FBAR requirements and gold ETFs?
Moderator: Global Moderator
FBAR requirements and gold ETFs?
Anyone know whether we are required to file an FBAR form (deadline is 30 June) if we own shares in an ETF holding its gold outside the U.S.? Thanks.
Re: FBAR requirements and gold ETFs?
Speak to your accountant. I just filed for unallocated held by Perth Mint. It can be argued either way, but I decided it wasn't worth the hassle to take the risk.
Re: FBAR requirements and gold ETFs?
Wonk, thanks. I can't be the the only one, besides you, who might have a question about this...
Re: FBAR requirements and gold ETFs?
I would help if I could, I just don't have any exposure to this situation or knowledge about it.
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Re: FBAR requirements and gold ETFs?
I emailed my accountant about it regarding GTU. She might know.longeyes wrote: Wonk, thanks. I can't be the the only one, besides you, who might have a question about this...
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Re: FBAR requirements and gold ETFs?
So, in plain English, any ETF with gold held abroad requires an FBAR? This would affect IAU, SGOL, AGOL, GLD, et al., all of which have deposits, whole or in part, outside the U.S. I'm holding SGOL in a Fidelity IRA account and have received no info about this to date from Fidelity.