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StashAway Withholding Tax Reimbursement FY 2018
By KPO and CZM  •  June 29, 2019
Another year has passed since I last blogged about withholding tax reimbursement - StashAway Withholding Tax Reimbursement FY 2017.
If you are also a StashAway user, you would have received the email a few weeks back too. The breakdown can be found in your Transactions section.
The breakdown is too long to show above...
Since the portfolio did not change much, similar to last year, only 3 out of the 8 ETFs (TLT, TIP, and CWB) had withholding tax reimbursed. If you are wondering what's the reason:

For the withholding tax (WHT) reimbursement, we do not receive dividend reimbursement for all ETFs but only those that qualify under the QII (Qualified Interest Income) rule.

Only some of the dividend WHT from US domiciled funds (e.g. US government bonds) can be claimed back. As such, we did not receive any dividend reimbursement for XLK and XLY.

For further illustration, you may like to view the Dec

...
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By KPO and CZM
I am Ong and my fiancee (Chan Zui Mao a.k.a CMZ) calls me a Kiam Pok (i.e. stingy/thrifty depending on how you look at it). Hence, the nickname KPO (Kiam Pok Ong). We have decided to name the blog KPO because I have proposed to CMZ successfully and she is officially a KPO too. The purpose of the blog is to list down all the money-saving tips, our investment/journey to financial freedom and to document my life with CZM.
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