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Moomoo Buddy : Dear valued customer, dividends may also be subject to tax. Tax rates will vary according to each respective country's tax rate.
Withholding Tax may be applicable and will be withheld at source.
For example, the withholding tax for US dividends is usually 30%.
Note: Withholding Tax rates are subject to local regulations.
After the dividend payment is credited, you can check [Funds Details] or [Statement].
If you have any further questions, please feel free to contact us via "Moomoo App - Me - Customer Services - Phone Inquiry/ Online Inquiry", we wish you a good day!
Veteran Analyst : Yes. So it's always better to invest directly in spot ETF than a BTC future of which both roll-effect and tax deduction on the dividend offset the overall dividend-adjusted upside potential.
davidzai : The government is afraid of tax evasion, so it will directly deduct it.