facebookWhat is the difference between using Ireland-Domiciled S&P 500 ETFs compared to using SGX SPDR S&P 500 ETF? - Seedly

Anonymous

31 May 2020

โˆ™

General Investing

What is the difference between using Ireland-Domiciled S&P 500 ETFs compared to using SGX SPDR S&P 500 ETF?

What is the difference between using Ireland-Domiciled S&P 500 ETFs compared to using SGX SPDR S&P 500 ETF? I have been wanting to invest out of singapore market to diversify and intend on S&P 500. I saw the post on seedly on ireland domiciled ETF where the tax is less. However SGX listed SPDR S&P 500 should be entitled to the tax exempt law in singapore, so do i choose this? Just want to clarify any doubts, appreciate any help or advice!

Discussion (2)

What are your thoughts?

Learn how to style your text

Even though it is listed in Singapore, the country of domicile is still USA for S27. The withholding tax of 30% on the dividends is deducted at the source(US). After that, there is no additional tax on SG end.

https://www.ssga.com/sg/en/individual/etfs/fund...

For Ireland domiciled ETFs, the withholding tax on dividends is 15% due to the tax treaty between US and Ireland.

If you donโ€™t care about the dividend and only concerned about the capital gains, you can choose to go with S27.

View 1 replies

Write your thoughts