Do I pay tax like a US citizen when you are a foreigner investing in the US?
No you do not. By signing the W-8BEN agreement at the beginning of the KYC process, you are declaring yourself a non-US citizen and would not be taxed by the IRS under US law.
However, you are subject to a dividend tax rate of 30% on dividends paid out by U.S. companies.
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As a foreigner investing in US stocks, do I pay any US taxes?
Yes, you are subject to pay a one-off tax bill of $3 which will be deducted from your first global wallet funding. The $3 is for processing the tax certificate (w8). W-8BEN form is completed at the beginning of the KYC process, you are declaring ...
Do I pay local taxes as a NG citizen investing in Nigeria?
Taxes are due on dividends but not asset appreciation. Please consult with your local tax advisor for more clarity.
Do I pay local taxes as a NG citizen investing in Nigeria?
Taxes are due on dividends but not asset appreciation. Please consult with your local tax advisor for more clarity.
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