For HK listed ETF in HK market Tickers 3140 and S&P 500 3101 which tracks Europe index, will there be any tax for the dividends received?

Hi Anon,

Since you are buying HK-domiciled ETFs, you need to consider 2 layers of dividend withholding tax.

1. ETF stocks country -> HK
2. HK -> SG

We know that 2 is 0, so the final dividends the ETF receives will not be taxed when you receive them. But there may still be taxes when dividends are paid out from the stocks to the ETF itself. Ie if there is withholding tax between the EU countries and HK, the dividends earned by the ETF are subject to that tax. I'm not too familiar with the withholding tax rate for HK so I can't tell you the exact %, but this is how it works. Perhaps you could try googling to find out more.

Hope this helps!

Regards,
thefrugalstudent

If I am not wrong, dividend from HK-listed securities are not subjected to taxation for Singapore resident.

In other words. the dividend witholding tax rate is 0%