Taxes involving in investing in US stocks | Alpha Quadrant by The Fifth Person

Questions › Category: Miscellaneous › Taxes involving in investing in US stocks

elf asked 2 years ago

Hi, I am a newbie and have a preliminary question. What are the respective taxes involved in investing in US ETFs and individual stocks? Thank you.

1 Answers

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Victor Chng Staff answered 2 years ago

Hi Elf,

1. There will be a 30% dividend tax on U.S. stocks

2. On top of the dividend tax, there will be an estate tax if your total U.S. amount crosses $60,000. You can watch this video: https://www.youtube.com/watch?v=Ec1_FSq0WMo&ab_channel=TheFifthPerson

elf replied 2 years ago

Thanks Victor. Just watched the video, it’s quite helpful.

Victor Chng Staff replied 2 years ago

Welcome Elf :)