103832455
commented on a stock · Nov 28, 2024 17:54
$KIPREIT (5280.MY)$Newbie question, the dividend of 0.01522,...
$KIPREIT (5280.MY)$Newbie question, the dividend of 0.01522, why is the amount less when entering the account today, is it deducted by moomoo/government tax?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Moomoo Buddy
:
Hello, REITs dividends are subject to 10% tax. For details, please check the underlying dividend notice. If you have any questions, please feel free to contact us, thank you.
103832455
OPMoomoo Buddy
:
I looked up some information online and would like to ask if the 10% withholding tax can be refunded when filing taxes? The dividends of reits will all be subject to a 10% deduction for the government.
Moomoo Buddy
103832455
OP
:
Hi! Hello, I am very sorry, we do not provide tax consulting services. If needed, please consult a qualified tax advisor. Thank you.
PumpkinG
103832455
OP
:
You cannot retrieve this. This is the tax automatically paid for you by the REIT, and this is the distribution policy of the REIT, aimed at avoiding paying a company tax of over ten percent. Therefore, at least 90% of the net profit must be distributed in the annual distribution policy. However, as a result, the government will impose a 10% Withholding Tax on shareholders. Therefore, the amount of distribution from the REIT is actually before tax. Deducting one 10% or checking in the financial report to see which dividends are taxable and which are tax-free, you need to calculate it yourself to determine the dividends you should receive.
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.
存股当KWSP : I'm the same, took too little.
Moomoo Buddy : Hello, REITs dividends are subject to 10% tax. For details, please check the underlying dividend notice. If you have any questions, please feel free to contact us, thank you.
存股当KWSP : Is it deducted once a year or every time?
103832455 OP Moomoo Buddy : I looked up some information online and would like to ask if the 10% withholding tax can be refunded when filing taxes?
The dividends of reits will all be subject to a 10% deduction for the government.
Moomoo Buddy 103832455 OP : Hi! Hello, I am very sorry, we do not provide tax consulting services. If needed, please consult a qualified tax advisor. Thank you.
PumpkinG 103832455 OP : You cannot retrieve this. This is the tax automatically paid for you by the REIT, and this is the distribution policy of the REIT, aimed at avoiding paying a company tax of over ten percent. Therefore, at least 90% of the net profit must be distributed in the annual distribution policy. However, as a result, the government will impose a 10% Withholding Tax on shareholders. Therefore, the amount of distribution from the REIT is actually before tax. Deducting one 10% or checking in the financial report to see which dividends are taxable and which are tax-free, you need to calculate it yourself to determine the dividends you should receive.