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Jun 19, 2021 · There's a possibility that cash held at Interactive Brokers Singapore Pte. Ltd. is not U.S. estate taxable. Cash held at Interactive Brokers LLC (U.S.) is U.S. estate taxable. The U.S. estate tax applies to non-U.S. decedents' estates when their U.S. estate taxable assets are above US$60,000, valued on the date they die.
May 24, 2020 · Interactive Brokers opens Singapore office, offers access to local stocks Interactive Brokers Group (Nasdaq: IBKR), a global brokerage firm, today announced the addition of a Singapore entity Interactive Brokers Singapore Pte Ltd and the opening of an office located in the Marina Bay Financial District.
Sep 5, 2018 · Uh, the taxability or non-taxability of dividends has nothing at all to do with the identity of the broker. The only factor a broker potentially adds to the equation is whether the broker charges a fee to credit dividends to the account. Interactive Brokers does not charge any such fees (and that's good), but some other brokers unfortunately do.
Nov 3, 2019 · Interactive Brokers is one of two brokerages looking to start operations in Singapore from January next year. Known for its low-cost trading platform, the Nasdaq-listed firm received an approval-in-principle for a Monetary Authority of Singapore (MAS) Capital Markets Service license in September.
Jan 2, 2011 · Hi chienwei, yes Interactive Brokers is indeed a established broker in the US. You need a initial deposit of USD $10k or roughly around SGD $13k to start trading. After registration, you have to wire transfer the amt to your account. Advantage is in their trading fees; US Stocks is USD $1 for 200 shares.
May 24, 2020 · The following broker entities are also not SIPC members, although in some cases they are members of another country's insurance scheme: Interactive Brokers Canada Inc. Interactive Brokers U.K. Limited Interactive Brokers Luxembourg SARL Interactive Brokers Australia Pty. Ltd. Interactive Brokers Hong Kong Limited Interactive Brokers India Pvt. Ltd.
Sep 22, 2023 · now that TDA is kicking out the retail investors, am also looking for alternative for broker for my US shares. Which one do you guys reckon is good ? my requirements would be : 1. $0 or low txn fees 2. support option trading 3. auto park idle cash in cash management fund 4. preferably supports recurring trade for DCA
Nov 3, 2019 · Assuming your account is switched from Interactive Brokers LLC (U.S.) to Interactive Brokers Singapore Pte. Ltd., the custodian of your account is (more) subject to Singapore's laws, including will and intestate laws.
Nov 15, 2020 · Your Tax status is dependant on your tax residency. Based on our records, it is Singapore. Based on my understanding, Singapore Tax Residents are not subjected to capital gains tax. However, please note that IBKR does not offer tax advice. For tax advice, please contact your tax professional or your country's tax reporting agency for better advice.
Jan 2, 2011 · OK, let's suppose your shares of IWDA then fall a whole heck of a lot in value (it'd probably have to be quite a lot) and/or the Singapore dollar falls relative to the U.S. dollar. Interactive Brokers then gets understandably nervous (their risk formula does) and wants to reduce your margin exposure, to cover at least some portion of the loan.