Anonymous

17 Apr 2021

∙

Hi has anyone used trading212? It is an overseas broker. How does the gains and dividend get taxed here in Singapore ? Must we declare?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

The Super Long Ark

17 Apr 2021

Full-Time Trader at Barista FIRE

I personally use tigerbroker & moomoo.

if you are not a US citizen, there is no tax for gains. however, if you invest in a US stock/etf that pays out dividends, there is a 30% tax which is automatically deducted from your dividends before it reaches you. so there is nothing to be taxed in singapore.

do note that there is a 18-40% estate tax for US assets in the event that you pass away.

more info can be found here: https://blog.seedly.sg/us-stock-investing-taxes...

Reply

Save

Write your thoughts

Related Posts

Anyone know the dividend tax & capital gains tax for a Singapore investor for europe, more specially UK, Germany & France? Many thanks!?

Does capital gains or dividends we earn gets taxed when we are investing in the US market (eg Tesla, square, coca cola) here from Singapore ? Will our profits be taxed if we sold off the shares of 20 years?

Hi! Has anyone tried buying iphone from US back to use in Singapore? Is the device compatible/ ok to be used in SG? Can we claim tax refund (is it done at airport)? Thanks!

I am currently living in Singapore and have bought some US shares using moomoo/IBKR. If I migrate overseas, will I be subjected to capital gains tax even though the shares were bought here?

Anyone holding US dividends stocks? Why you want to keep them and be subjected to dividends tax? Is it because the tax are insignificant to the potential profit you can get?

Related Posts

Anyone know the dividend tax & capital gains tax for a Singapore investor for europe, more specially UK, Germany & France? Many thanks!?

Does capital gains or dividends we earn gets taxed when we are investing in the US market (eg Tesla, square, coca cola) here from Singapore ? Will our profits be taxed if we sold off the shares of 20 years?

Hi! Has anyone tried buying iphone from US back to use in Singapore? Is the device compatible/ ok to be used in SG? Can we claim tax refund (is it done at airport)? Thanks!

I am currently living in Singapore and have bought some US shares using moomoo/IBKR. If I migrate overseas, will I be subjected to capital gains tax even though the shares were bought here?

Anyone holding US dividends stocks? Why you want to keep them and be subjected to dividends tax? Is it because the tax are insignificant to the potential profit you can get?