For Singapore-based investors on IG Markets:
Dividend Withholding Tax:
US stocks: 30% withholding tax on dividends (may be reduced based on tax treaties)
UK stocks: No withholding tax for Singapore residents
Hong Kong stocks: No withholding tax
Japan stocks: 15.315% withholding tax on dividends
Capital Gains Tax:
No capital gains tax for Singapore residents on stock investments
Other Considerations:
Singapore stamp duty applies to SGX purchases (0.2%)
Estate tax may apply in some countries if you pass away holding foreign securities
This information is general in nature - we recommend consulting a tax professional for advice specific to your situation.
