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Anonymous
From my understanding the 15% tax on dividends applies when the dividends are paid out to a foreign entity. But if the ETF automatically reinvests the dividends then does it mean the tax doesnt apply since it doesnt go to a foreign entity? Hence would it be better to invest in an accumulating ETF domiciled in the US (so can rely on td ameritrade and low fees lol instead of SCB or IB)?
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Reinvest no tax.
FYI. The dividend already taxed before payout to us. So we no need to pay any tax.
Dont worry about dividend tax. Just look at growth