US company dividend withholding tax rate for Cayman?

Discussion in 'Taxes and Accounting' started by tonyzhou, Jun 18, 2019.

  1. What is the US company dividend withholding tax rate for Cayman Island? Is it 30%, and no way to recover as a tax credit?
     
  2. Robert Morse

    Robert Morse Sponsor

    Stockolio likes this.
  3. If you look on this list https://ibkr.info/node/861 you can see that USA dont have agreement with Cayman Island you will pay 30% withloding tax on dividends.Recovering in form of tax credit answer is NO.You can invest in countries with 0% Witholding Tax on Dividends Hongkong and Singapore have 0% tax on dividend and UK also 0% exclude(UK REITs they have 20% WHT)
     
    Last edited: Jun 21, 2019