Login / Register

User Name
Password

Search



Advanced Search

Advertisers

Taxes to pay if buying U.S. stocks in HK?


Tags
stocks, tax

Reply
 
Tools Rate
  #1  
Old 23-05-2008, 02:19 AM
Registered User
 
Join Date: Mar 2007
Posts: 92
siumai will become famous soon enoughsiumai will become famous soon enough
Taxes to pay if buying U.S. stocks in HK?

Is there any taxes involved if you buy U.S. stocks / ADRs to your HSBC investment account here in HK, and you are HK resident and otherwise not liable to no other tax on this planet?
Reply With Quote
  #2  
Old 23-05-2008, 12:01 PM
Registered User
 
Join Date: Jan 2008
Posts: 69
Oldtimer has a spectacular aura aboutOldtimer has a spectacular aura about
If you are a foreign citizen for USA tax laws, then only tax you will pay will be dividend withholding tax.
However if you are greencard holder, then you will have to file USA tax returns and declare any profit or loss.
Reply With Quote
  #3  
Old 23-05-2008, 12:25 PM
Registered User
 
Join Date: Nov 2005
Location: HKIsland for now...
Posts: 1,901
freeier has much to be proud offreeier has much to be proud offreeier has much to be proud offreeier has much to be proud offreeier has much to be proud offreeier has much to be proud offreeier has much to be proud offreeier has much to be proud offreeier has much to be proud offreeier has much to be proud of
Send a message via ICQ to freeier
but remember to fill in the form that justify that you are a non-taxable non-residence. else they will have a withholding on you.

as for US citizens, chances are hsbc will not even want to let them start investment.
Reply With Quote
  #4  
Old 23-05-2008, 08:36 PM
Registered User
 
Join Date: Mar 2007
Posts: 92
siumai will become famous soon enoughsiumai will become famous soon enough
Quote:
Originally Posted by freeier View Post
but remember to fill in the form that justify that you are a non-taxable non-residence. else they will have a withholding on you.
Freerier & Oldtimer, muchos gracias, I'll check about the form from HSBC, they should provide it, eh?
Reply With Quote
  #5  
Old 22-06-2008, 11:12 PM
Registered User
 
Join Date: Mar 2007
Posts: 92
siumai will become famous soon enoughsiumai will become famous soon enough
Got one dividend now, 28% withholding tax was deducted + 150 HKD handling fee. Hopefully no other taxes will pop up especially when selling with profit.
Reply With Quote
Reply
Similar Threads
Thread Forum
Investing in US stocks from HK Business and Finance
Buying and selling stocks Business and Finance
Buying Canadian Stocks from HK Business and Finance
Funds/Stocks/TD Everything Else
Buying HK Stocks Business and Finance


Tools
Rate This Thread
Rate This Thread:


All times are GMT +8. The time now is 01:39 AM.