Advertisement

Anonymous

11 Jun 2020

∙

General Investing

Am I subjected to tax or other legal fees if I invest in Global and US ETFs through a roboadvisor, where dividends are always automatically reinvested ?

I do not plan to cash out for the next 5-10 years. I really do not want to have an unpleasant surprise whereby I have to pay say 30% withholding tax, etc. Does that 30% withholding tax apply here in my case even though I am using a roboadvisor?

5

Discussion (5)

What are your thoughts?

Learn how to style your text

Boon Peng

11 Jun 2020

Hello there! Generally when you receive a dividend, it is usually net of fees, and reinvested into your portfolio. Basically the fund manager will do all the work for you including paying the 30% witholding tax.

Reply

Save

View 4 replies

Write your thoughts

Related Posts

If I were to invest in US domiciled ETF, using a roboadvisor or using a RSP, how are US/ Irish dividend withholding tax, other taxes and management fees calculated?

Considering dividends from robo advisors will be subject to a 30% withholding tax due to investment in US ETFs, which robo advisor platform may be able to seek partial reimbursement of these taxes for me?

Will I be subjected to 15% withholding tax on the dividend reinvested automatically from ireland domiciled CSPX ETF?

If I were to invest in Global ETFs using a US RoboAdvisor, will my capital gains be reduced due to tax or other factors once I decide to cash out?

Why are most funds investing in US-based ETFs which are subject to 30% withholding tax instead of Irish-domiciled ones with 15% WHT? Market access, fees or availability?

Related Products

StashAway

4.7

1296 Reviews

StashAway Simple Guaranteed 3.55% p.a. (Guaranteed rate)

Cash Management

INSTRUMENTS

None

ANNUAL MANAGEMENT FEE

None

MINIMUM INVESTMENT

3.5%

EXPECTED ANNUAL RETURN

Mobile App

PLATFORMS

Endowus

4.7

660 Reviews

Syfe

4.6

934 Reviews

Related Posts

If I were to invest in US domiciled ETF, using a roboadvisor or using a RSP, how are US/ Irish dividend withholding tax, other taxes and management fees calculated?

Considering dividends from robo advisors will be subject to a 30% withholding tax due to investment in US ETFs, which robo advisor platform may be able to seek partial reimbursement of these taxes for me?

Will I be subjected to 15% withholding tax on the dividend reinvested automatically from ireland domiciled CSPX ETF?

If I were to invest in Global ETFs using a US RoboAdvisor, will my capital gains be reduced due to tax or other factors once I decide to cash out?

Why are most funds investing in US-based ETFs which are subject to 30% withholding tax instead of Irish-domiciled ones with 15% WHT? Market access, fees or availability?

Advertisement