Would love to know more about withholding taxes for dividends from US companies from non US residents, depending on the agreements with certain countries e.g switzerland you could claim some of it back but not all would love to know more!
But the issue is the amount needed to generate that income: $4.2M assuming a healthy and sustainable 3% dividend yield. In fact you need $2M just to make $60K per year. Sure you'd need less going more aggressive with high yield paying stocks, but is it sustainable?
This is why the rich play a different game.
The tax code clearly rewards investors over employees.
Key point is "qualified" dividends... vs "non-qualified".
Agreed, the majority of my dividend income is non-qualified. Critical point you make.
So even if you make a salary of say $150k you can still not pay taxes on dividends up to the threshold in the chart?
Any way to reduce withholding tax on dividends for non-US residents?
I’ll try to discuss in the future!
Would love to know more about withholding taxes for dividends from US companies from non US residents, depending on the agreements with certain countries e.g switzerland you could claim some of it back but not all would love to know more!
But the issue is the amount needed to generate that income: $4.2M assuming a healthy and sustainable 3% dividend yield. In fact you need $2M just to make $60K per year. Sure you'd need less going more aggressive with high yield paying stocks, but is it sustainable?
Easy answer is buying growth stocks only.
Depends. Still capital gains tax for growth stocks.
But no dividend tax like you referred in the beginning 😉😁
Working with a client on this now! Love this breakdown.
Awesome! And thank you!