Hi, regarding dividend investing in US market. How do i check if there is any withhold in tax for the company i hope to invest? Thank you! - Seedly
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Anonymous

Asked on 07 May 2019

Hi, regarding dividend investing in US market. How do i check if there is any withhold in tax for the company i hope to invest? Thank you!

I am exploring investing in the US market but have no idea where to search or find out what company allows me to invest from Singapore yet does not with hold any tax from the dividend when it's time for the company to distribute the dividend.

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Gabriel Tham
Gabriel Tham, Kenichi Tag Team Member at Tag Team
Level 9. God of Wisdom
Answered on 08 May 2019

The dividend credited into your account is the AFTER TAX amount.

There is no need to manually check or calculate tax returns for it.

All US listed companies will have the 30% withholding tax applied on dividends. You would have to fill up the W8Ben form to declare yourself as a foreign alien investor.

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ūüĎć 5
Frankie Rappaport
Frankie Rappaport
Top Contributor

Top Contributor (Jul)

Level 9. God of Wisdom
Answered on 26 Feb 2020

Apart from 80/20 companies there should with U.S. companies always be 30% witholding, 15% possibly if your country has tax treaty with U.S. and you fill in (every 3 years) W-8BEN form and send it to your broker

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ūüĎć 0

The withholding tax for all dividend income from US stocks is 30% and the dividend that you received is after tax. There is nothing you need to do in this instance.

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ūüĎć 0
Geraldo L.
Geraldo L.
Level 7. Grand Master
Answered on 26 Feb 2020

Dividend WHT typically depends on where the fund / stock is domiciled (located). If it's in based in US then the standard WHT of 30% applies. For some funds (which might be holding US stokcs) that are Irish domiciled, the WHT is lower at 15% because US has a tax treaty with Ireland.

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ūüĎć 0
Rais M
Rais M
Level 7. Grand Master
Answered on 25 Feb 2020

There is a standard 30% withholding tax for all dividend income from US stocks. This is something unavoidable.

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ūüĎć 0

All do if its listed in the US market and you're investing as a foreign person.

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ūüĎć 0