facebookWhat 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? - Seedly

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Benedict Lau

Benedict Lau

Student Ambassador 20/21 at Seedly

18 Jun 2020

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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?

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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