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Anonymous
Divends and taxes. Are overseas income to be declared as income
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Gabriel Tham
07 Jun 2019
Tag Team Member at Kenichi Tag Team
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Jonathan Chia Guangrong
23 Mar 2019
SOC at Local FI
The dividends received in your account from US based stocks are already less 30% due to withholding taxes. There's no need for declaration to iras as far as I know
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Nicholes Wong
23 Mar 2019
Diploma in Business Management at Nanyang Polytechnic
It is not taxable hence you do not have to declare....
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US stocks withholding taxes need not be declared to IRAS.
The dividends you get are already taxed on the US side. The amount you received is always after tax.