I see.. maybe will try to do it within this weekend.. thanks for info

Anyone got return from investment? What is the minimum amount? Interested, but by looking at https://www.stashaway.my/pricing , look like rm 50k is the minimum.

It says first 50k, not min 50k, u can put as low as rm1

To get min monthly dividend of USD0.01 from those gov bonds, put RM500 min.

As a good Malaysia citizen, paying tax is definitely a duty

Anyone know how or what do we file tax for investment we do/have in Statshaway?

This post has been edited by singaporeproton: Feb 22 2019, 10:48 AM

I hope you are serious...because Dividend returns are already taxed by Uncle Sam @ 30%, calculated directly before you see them into your account, and capital gains are not taxed in Malaysia and US as of 2019....

Of course, you can declare your income voluntarily in your tax filing, for example if your salary income is RM100k for 2018, and you feel you made another RM100k from Stashaway in 2018, you can just put there RM200k as income.

You get back the 30% from the treasuries except CWB.

how to get back 30%? what is CWB?

Just wait, every year Q4 they will claim ur withholding taxes back. CWB is convertible bond fund.

https://www.investopedia.com/ask/answers/06...residenttax.asp

Are you sure bro?

Per above link and my few years of humble experience Malaysian's considered as non-resident alients cannot claim back the 30% withholding tax for dividends. If we do get it back then legally speaking, yes we have to declare that as our Dividend income in annual tax filing and subject to the applicable rates.

Some countries with tax treaty with US, yes but not Malaysia.

I have been using StashAway since 2017. The withholding tax refund is done by Saxo on behalf of StashAway and thus us.

This post has been edited by honsiong: Feb 22 2019, 11:30 AM

We have talked about this before: https://forum.lowyat.net/index.php?showtopi...post&p=91377771

Thanks for giving us your experience. It's interesting new thing for me.

planning to invest or already investing ?

Planning to invest in Stashaway / US ETF. I have some US stocks via Etrade.

that's good. dont forget to register with referral to entitle the free mgmt fee

I thought investment is parked under Capital Gain Tax and not taxable

Check with you guys. Let's say i got 10% profits, is it advisable to withdraw the 10% out immediately?

Unless you really need the money, then no. Let your investment grow. Compounding interest is the 8th wonder of the world after all..

this is for long term, i dont treat this like stock market