Is this setting correct to avoid tax on dividends (SBI)

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crew
Regular
Posts: 98
Joined: Thu Jan 11, 2018 12:30 am

Is this setting correct to avoid tax on dividends (SBI)

Post by crew »

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I think with the exception of my Japanese SP500 ETF which somehow deposits my dividends to my bank account, my other dividends goes to my SBI account. Just wanted to confirm that this is in fact what the above setting does and I am not taxed on dividends.
zeroshiki
Veteran
Posts: 888
Joined: Thu May 27, 2021 3:11 am

Re: Is this setting correct to avoid tax on dividends (SBI)

Post by zeroshiki »

Uhh... I think that does the opposite. 源泉徴収あり means that SBI will calculate tax on your dividends and withhold them for you.
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