QUOTE(elea88 @ Feb 3 2017, 11:19 AM)
custody fee will apply for foreign shares held in your DBSV Online trading account.
Custody Fee (charged quarterly) SGD 2 per counter per month, capped at SGD 150.00 per quarter.
Waiver based on combination of Singapore & foreign market transactions:
(a) 2 x transactions per month
(b) 6 x transactions per quarter
the dividend collection fees is as follows.
1% net div; Min AUD 5
So, if i buy CUP at .82 x 5000 units = AUD 4100.00
Dividend collected will be : .08 x 5000 = AUD 400 (estimated)
My cost will be :
Brokerage : AUD 30
SGD2 per quarter (maybe can be waived since i think i hv more than 6x transaction per qtr base on Singapore transactions)
4x div = AUD20 (for collection fees)
Is this calculation correct?
any other expenses?
How the tax thing work?
As I understand, foreigners are slapped with 30% withholding tax flat ... so u need to take 30% off from the dividend u received.Custody Fee (charged quarterly) SGD 2 per counter per month, capped at SGD 150.00 per quarter.
Waiver based on combination of Singapore & foreign market transactions:
(a) 2 x transactions per month
(b) 6 x transactions per quarter
the dividend collection fees is as follows.
1% net div; Min AUD 5
So, if i buy CUP at .82 x 5000 units = AUD 4100.00
Dividend collected will be : .08 x 5000 = AUD 400 (estimated)
My cost will be :
Brokerage : AUD 30
SGD2 per quarter (maybe can be waived since i think i hv more than 6x transaction per qtr base on Singapore transactions)
4x div = AUD20 (for collection fees)
Is this calculation correct?
any other expenses?
How the tax thing work?
Feb 3 2017, 12:05 PM

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