Anonymous

02 Mar 2020

∙

Do you have to file taxes for gains on OCBC Roboinvest ?

I know that generally cap gains and dividends are tax exempt, but roboinvest has invested in some foreign ETFs and I have got dividends, so I just had to check whether there are any special cases where I have to file taxes

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Andy Sim

27 Feb 2020

HR Professional at a Financial Institution

I guess the taxes you mention are withholding taxes from the foreign ETFs, which the robo will deduct from your returns automatically so there's nth you need to do. Like what Rais mention, Capital and div gains are not subject to taxes.

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Rais M

27 Feb 2020

Accountant at SME

All capital and dividend gains in Singapore are not subject to tax.

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Is it smarter to save on capital gains tax or dividends tax? Assuming a 10 year period. Capital gains 25% and Dividends 15% VERSUS Capital gains 0% and Dividends 30%.

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