For KDI Invest, dividends on the U.S. listed ETFs are subjected to a 30% U.S. withholding tax. You will receive after-tax dividends after withholding tax deductions** have been applied. For your convenience, all dividends you are eligible to receive will be automatically reinvested into your portfolio. As your dividend income is derived from outside Malaysia, these dividends are exempt from Malaysian taxes, as long as you are a Malaysian resident. So, there is no need to worry about taxes because we’ll take care of it for you.
**Dividends qualified as ‘Qualified Interest Income’ will be refunded to you on a yearly basis.
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- Do ETFs have dividends and do I get taxed on any of my dividends from KDI Invest?
Do ETFs have dividends and do I get taxed on any of my dividends from KDI Invest?
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