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Is there tax on the dividends?

Hi, i would like to ask if the dividends will be taxed?
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  • Moomoo Buddy : Dear valued customer, Moomoo SG does not charge any processing fees for dividend distribution. However, any third-party/exchange charges will still be passed on to client. Kindly refer to the latest announcement of the company. Please note that dividends may also be subject to tax. Tax rates will vary according to each respective country's tax rate. Withholding Tax may be applicable and will be withheld at source. For example, the withholding tax for US dividends is usually 30%, and for China A-shares dividends is 10%. Note: Details of Withholding Tax rates are subject to local regulations. After the dividend payment is credited, you can check [Funds Details] or [Statement]. If you have any questions, please feel free to contact our customer service. Online service: APP>Me>Customer Service>Online Inquiry. Have a nice day!

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