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Benedict Lau

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?

Nicholas Beh

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.

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