Fatca declaration

in my opinion yes. broker accounts are accounts

with financial interest. you have paid tax most probably till the exercise prive. After that gain/loss is part of capital gain/loss.

HI,

Thanks for reply.

Thats not a brokerage account. Thats ESOP issued by company which has been vested in Jan 2017.

Is it require to file FATCA for such stocks which has been vested.

 

ESOP is ultimately a stock after it is vested with a few implications. an example: say u got the XYZ company stock option exercisable at $20. when it vested the price was $25. your company will deduct tax on this $5. You didn't sell the stock, now it is at $30. from $25 to $30 i.e. $5 is your capital gain. Most probably you have this stock in some broker like Etrade, etc. It is an account with financial interest. Pls let me know in case something mentioned doesn't apply to your case.

Is your a stock publically traded in an international exchange? The capital gain/loss will be applicable only when u finally sell.