facebook[US Stocks] - Is it better to buy growth stock rather than dividend stock, since dividend stock has 30% withholding tax? - Seedly

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[US Stocks] - Is it better to buy growth stock rather than dividend stock, since dividend stock has 30% withholding tax?

Dividend stock is subject to 30% withholding tax, whereas capital gain is not taxable. Assuming the return from both stocks are the same, growth stock is better.

Discussion (8)

What are your thoughts?

Gabriel Tham

Gabriel Tham

03 Sep 2019

Level 14Β·Tag Team Member at Kenichi Tag Team

Don't forget there are estate taxes for assets above $60k. So, if you are buying stocks long term, do take note of this, the tax is about 40%.

If not, you can still trade US stocks for capital gains.

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