Advertisement

Benedict Lau

Student Ambassador 20/21 at Seedly

18 Jun 2020

∙

General Investing

What are the advantages of buying SPY ETF on SGX compared with NYSE? If I buy it on SGX does it mean there is no need to pay tax for dividends?

4

Discussion (4)

What are your thoughts?

Learn how to style your text

Nicholas Beh

17 Jun 2020

Student Ambassador 2020/21 at Seedly

The fund is domiciled in the US, which means you will have to pay the 30% withholding tax.

Consider investing in its Irish-domiciled counterparts on the LSE (CSPX, IDUS, VUAA, VUSD) which only have a 15% withholding tax rate.

Reply

Save

View 3 replies

Write your thoughts

Related Posts

I’m looking to purchase the SPY500 ETF. But I’m looking at an accumulating ETF instead of a dividend ETF, does this mean there is essentially no difference if i buy SPY500 on NYSE compared to on the LSE?

Are there any tax implications (US and Singapore) when buying Gold ETFs such as SGOL, which is traded in the NYSE? How would we pay / report these taxes?

Will buying SPDR S&P 500 ETF through SGX (S27) also incurr a 30% tax on the dividend?

I'm going to use FSMone to invest in ETFs outside of SGX, however all the etf outside of SGX is classified as SIP. Does that mean that we won't be able to buy them if we do not pass CKR/CAR?

Hi, I have a question about FSMOne. What does no platform fees mean? Does it mean if I choose to buy say $200 worth of ETFs today, I just pay the 0.08% fees for buying in?

Related Products

Moomoo Singapore

4.7

482 Reviews

From $0

MINIMUM FEE

0.03%

TRADING FEES

Custodian

STOCK HOLDING TYPE

Saxo Markets

4.5

957 Reviews

Syfe Trade

4.9

127 Reviews

Related Posts

I’m looking to purchase the SPY500 ETF. But I’m looking at an accumulating ETF instead of a dividend ETF, does this mean there is essentially no difference if i buy SPY500 on NYSE compared to on the LSE?

Are there any tax implications (US and Singapore) when buying Gold ETFs such as SGOL, which is traded in the NYSE? How would we pay / report these taxes?

Will buying SPDR S&P 500 ETF through SGX (S27) also incurr a 30% tax on the dividend?

I'm going to use FSMone to invest in ETFs outside of SGX, however all the etf outside of SGX is classified as SIP. Does that mean that we won't be able to buy them if we do not pass CKR/CAR?

Hi, I have a question about FSMOne. What does no platform fees mean? Does it mean if I choose to buy say $200 worth of ETFs today, I just pay the 0.08% fees for buying in?

Advertisement