Are there any tax implications (US and Singapore) when buying Gold ETFs such as SGOL, which is traded in the NYSE? How would we pay / report these taxes?

Hi Raymond,

The possible sources of revenue from your ETFs would be capital gains and dividends. Singapore does not tax either of these sources of income. On the US end, nonresident aliens are not taxed on capital gains, but dividends are taxed at 30% due to a lack of a tax treaty between Singapore and the US.

However, SGOL does not pay any dividends, so you need not worry about any tax implications.