31-05-2013, 08:23 AM
Sg gg sign fatca iga1 with irs. If your broker is a pffi, then there won't be withholding tax required at the sg broker side unless U R a recalcitrant person.
(31-05-2013, 05:19 AM)d.o.g. Wrote: [ -> ]If there is no tax treaty between the US and country X, then a citizen of country X will have 30% of the dividend withheld by the broker. This is US law. There is no tax treaty between Singapore and the US, so Singapore investors who own US stocks will suffer a 30% penalty on their dividends.
(31-05-2013, 05:19 AM)d.o.g. Wrote: [ -> ](30-05-2013, 06:56 PM)zf87 Wrote: [ -> ]My question is how much tax will be withheld when a dividend is paid out if the shareholder is not a US-citizen? I heard that if the dividend is in large proportion, it is beneficial to sell the stock first, then buy it back at the ex day.
If there is no tax treaty between the US and country X, then a citizen of country X will have 30% of the dividend withheld by the broker. This is US law. There is no tax treaty between Singapore and the US, so Singapore investors who own US stocks will suffer a 30% penalty on their dividends.