US company dividend withholding tax rate for Cayman?
- Thread starter tonyzhou
- Start date
Robert Morse
Sponsor
NRA Withholding:
The foreign withholding for a US broker with a properly executed W8BEN (Or the right W8) is 30% on dividends and interest only. https://www.irs.gov/individuals/international-taxpayers/withholding-of-tax
The foreign withholding for a US broker with a properly executed W8BEN (Or the right W8) is 30% on dividends and interest only. https://www.irs.gov/individuals/international-taxpayers/withholding-of-tax
If you look on this list https://ibkr.info/node/861 you can see that USA dont have agreement with Cayman Island you will pay 30% withloding tax on dividends.Recovering in form of tax credit answer is NO.You can invest in countries with 0% Witholding Tax on Dividends Hongkong and Singapore have 0% tax on dividend and UK also 0% exclude(UK REITs they have 20% WHT)
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