How do I know if a company’s dividend is taxable?

Hi anon,

Dividends from Singaporea listed companies have been one-tier tax exempt since 2008. Thus you do not need to pay income tax on them.

For dividends from foreign listed shares where applicable, dividends would have been withheld accordingly and the final amount from your brokerage firm has been taken into account.

Similarly for UTs, dividend tax, if applicable, would have been factored at fund level before the UTs themselves pay out your dividends.

For Singaporean investors, we have it good because no action is required on our part.

For Singapore companies, dividends are taxed before distribution, so the received dividend is already post-tax.

For US and UK listed companies, dividend withholding tax applies, but it is withheld for us already. As such, the received dividend is also post-tax.