Avoid/ Reduce 30% Withholding US dividend tax

Posted by cheok > 2014-04-27 00:59 | Report Abuse

When I received US dividend, I realized I was being taxed 30% for US dividend withholding tax. When I registered foreign share trading account with my brokerage firm, I do fill up W-8BEN Form to show that I'm not US person. However, according to my brokerage firm, I still need to be taxed 30% and cannot claim back. I was wondering, whether you all encounter same situation as I do? Is there any other ways, to avoid/reduce this 30% dividend tax? Thanks.

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4 comment(s). Last comment by MG9231 2014-08-22 14:01

speedlikecy

309 posts

Posted by speedlikecy > 2014-08-22 10:06 | Report Abuse

I having this problem too, how to avoid? can get it back?

Thanks.

BumbleBee

602 posts

Posted by BumbleBee > 2014-08-22 10:09 | Report Abuse

NO WAY! USA needs ALL these dividends to pay for all the wars it participates around the world kikikiiiiiiiiiiiiiii

BumbleBee

602 posts

Posted by BumbleBee > 2014-08-22 10:10 | Report Abuse

US citizen pay 15% NON-US citizen pay 30% lorrrrrrrr

MG9231

786 posts

Posted by MG9231 > 2014-08-22 14:01 | Report Abuse

Nothing to shout about, dividend receive in Malaysia also has 25%tax which is not claimable in the hand of shareholders with effect from yr 2013. That's why we called single tier.

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