TomTurboInvest@TomTurboInvest

6Mon

I don't understand the point of buying a stock with such a high dividend before the ex-dividend date? Do you like paying taxes?

Like•

👍

44

•Answer

MadCircle313@MadCircle313

6Mon

@TomTurboInvest the dividend tax in NL is about 15%. In other EU countries it is about 25~30%. I don't mind the tax, either way we have to pay for every captial gains; whether it is in cryptos, shares or ETFs.

Like••Answer

TomTurboInvest@TomTurboInvest

6Mon

@MadCircle313 regardless 15% or 30%, it is wasted if you buy upfront the ex-day. What is the benefit you expect?
Are you aware about the deduction on the ex-day?

Like••Answer