lylytran09
New member
Lets see it step-by-step:
1. I use a US platform to invest in US ETFs
2. I present the W-8BEN prooving that my country has a tax treaty with the US on the 15% withholidng dividend tax (instead of 30%).
3. I indicate to my broker I want to use dividend re-invested plan (DRIP) to accumulate dividends.
4. I would only get the 15% US withholidng tax on those dividends before they get re-invested through DRIP right? Beacuse as I'm not recieving them here in my country, I don't need to pay tax because they are being re-invested in the US. So I pay the US tax. Right?
1. I use a US platform to invest in US ETFs
2. I present the W-8BEN prooving that my country has a tax treaty with the US on the 15% withholidng dividend tax (instead of 30%).
3. I indicate to my broker I want to use dividend re-invested plan (DRIP) to accumulate dividends.
4. I would only get the 15% US withholidng tax on those dividends before they get re-invested through DRIP right? Beacuse as I'm not recieving them here in my country, I don't need to pay tax because they are being re-invested in the US. So I pay the US tax. Right?