$ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$ Do no...
$ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ Do non-US citizens have to pay 10% tax? thanks
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
tatadonut : check this link, Moomoo Financial Inc. fee schedule (For non-U.S. residents)-moomoo Help Center
岁月 : Strictly speaking, yes. But it's very complicated. Not everything is %10. You pay personal income tax at a progressive tax rate of %10 to %37, and it still depends on your income
Moomoo Buddy : Dear customer, as of January 1, 2023, according to section 1446 (a) and (f) of the Internal Revenue Service (IRS) Internal Revenue Service (IRC Section), the latest withholding tax and information reporting regulations relating to the sale or transfer of securities held by non-Americans in publicly traded partnerships (hereinafter referred to as PTP), relevant customers hold or sell, trade or transfer For PTP related securities, the following US tax costs will be incurred:
● When PTP related securities are sold, or transferred, withholding tax is withheld at 10% of the total transaction amount;
● When dividends are distributed, withholding tax is withheld at 37% (individual investors) or 21% (corporate or institutional investors) of the total amount of dividends distributed.
● If PTP Securities issues a “Notice of Conformity” public statement indicating that PTP complies with the requirements of IRC section 1446 (f) -4 (b) (3), it can be exempted from withholding.
Please click on the link below for details US Publicly Traded Partnership (PTP) Related Securities Withholding Tax and Trading Arrangements - moomoo Help Center If you need more help, you can use online customer service or call the hotline+65 6321 8888contact us. Thank you for your support and enjoy your life!
sTone83 : At 10% of the transaction amount... isn't this stealing money