facebookIf I were to buy an Income stock in the US market do I have to pay tax for its dividends? - Seedly

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Anonymous

16 Jan 2020

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General Investing

If I were to buy an Income stock in the US market do I have to pay tax for its dividends?

If yes, how much? what are some income stocks that I should be looking into in the US market?

Discussion (10)

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30% tax. you should be looking at the stock captial increase. The dividends is just a bonus.

Yes US has a 30% tax on all dividends

Yes there's 30% withholding tax on all dividends. This is deducted before the dividends are credited into your account.

Look into dividend aristocrats and king stocks. These have a record of increasing their dividend payments every year for 25 years or more. Over time, the dividend increases will negate and surpass the withholding tax.

Wong Ming Yao

20 Dec 2019

Product and Community Associate at 8VIC Global Pte Ltd

Hi,

Yes dividend in US market is taxable for you, 30%.

Yes you do. It's a 30% withholding tax...

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