What does report purchases or sales of long-term securities (debt or equity) from the viewpoint of the foreign resident mean?
A. Viewpoint of the foreign resident refers to which column to use when reporting. A sale by your institution or a domestic customer to a foreign resident is reported on TIC Form S as a purchase (columns 1, 3, 5, 7, 9, or 11) by a foreign resident. A purchase by your institution or a domestic customer from a foreign resident is reported on TIC Form S as a sale (columns 2, 4, 6, 8, 10, or 12) by a foreign resident.
Related Questions
- Am I required to file if my reportable total purchases and total sales of long-term securities by foreign residents falls below the $50 million exemption level?
- How should purchases and sales of long-term foreign currency-denominated securities (debt and equity) by foreign residents be reported?
- What does report purchases or sales of long-term securities (debt or equity) from the viewpoint of the foreign resident mean?
