Newbie needs help
$ARK Innovation ETF (ARKK.US)$ hello! any SG buyer here? can anyone advise if we are required to pay 30% witholding tax for dividends? and whether its good for SG buyers to buy this long term?
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Apoplo : yeap u need to pay 30% tax on dividends![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
u cannt run away
cncjx OP Apoplo : Thank you!! Would you opt for Ireland stocks then?
Apoplo cncjx OP : dividend stocks hmmm, ireland is 15% yea? how abt local dividend stocks? tax free![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
beetlebum76 : Play Ark? Think about dividen?
徐芬克 : If you want dividends, really can choose from SG stocks. Much easier to get market info and can support local company as well.
134340Moonchild : Is it possible to invest in Ark but not thinking dividend? Dividend is just an extra from it right? The stock itself can also make money.
the andante life : Agree with other comments here. ARK is for growth, not dividends. For us in SG, any dividend from ARK is just a little bonus...
Moonbound Rocketship : My friend , if ur goal is to achieve return through dividend then ark might not be so suitable , they are more of a growth etf.
cncjx OP : Thank you everyone!