Taxes on Stocks Explained! + Tax Rules for Owning US Shares in Australia

As Australian Stock Market Investors, knowing how to calculate and reduce your tax bill is extremely important! This video is perfect for beginners and will explain:
- What tax obligations we have when investing in stocks,
- The best (legal) way to reduce your tax bill,
- How our tax obligations change when investing in the US (and other countries) from Australia.

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Some of the links on this page are affiliate links, meaning, at no additional cost to you, we may earn a commission if you click through and make a purchase and/or subscribe. Affiliate commissions help fund videos like this one. We very much appreciate your support and hope to continue providing free content.

The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available.

The information in this video does not constitute financial or other professional advice and is general in nature. Connor and Alan are not financial advisors nor are they liable for any loss caused, whether due to negligence or otherwise arising from the use of, or reliance on, the information provided directly or indirectly, in this video.

[roseibow]

hi is this platform suitable to day trade us stocks.

[BrentsHowells]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...

[FlorentGulliver]

Buying stocks might seem easy, but picking the right one without a solid plan is tough. I've been trying to grow my $100K portfolio, but the tricky part is not having clear plans for when to buy and sell. Any tips on this would really help.

[bigsky]

Great video! Can you please talk more about the tax treaty between US and Australia in regards to US dividends?

[AznBoi]

Cleared up some knowledge gaps especially how cgt is calculated for international stocks cheers

[danielpower]

Just seen this, absolutely brilliant. Cleared up a lot of confusion, I can now calculate what I should end up with 👍 (I sold off a heap of shares that have all been held for over 1 year)

Thanks for your efforts 👌

[헤일리-nu]

This was what I was looking for! Thank you for your very thorough explanation and also your speech speed is spot on! Aussie investors need more informative videos like this! 👍👍

[TeemoForLife]

Extremely informative, Aussies needed this

[istiakahmed]

I saw the video to know how tax is paid for re-invested dividend? Please make a video about this.

[itsnicholas]

Well done guys on this video! Intergrating Stake and Sharesight is pretty important to getting your capital gains and losses right!

[Michael-jxyq]

Hey mate nice video, but would you mind clarifying what is aussies pay on tax for USA stocks of profit earnt that isn’t from dividends just selling stocks in general? Cheers mate appreciate it

[Goldenxo]

Can this information be applied to forex/ Cfd trading

[arefin]

Nicely and concisely explained. The only video that helped a beginner like me. I am just thinking, do I need to fill up W8BEN form if I invest on NDQ and IVV on ASX market.

[vivekdubey]

Brilliant video Connor! Thanks for that.
Is there any tax liability on the free stock from stake?

[izaaccameron]

Thanks heaps for answering this question!!!! Love the content guys!!

[caringbah]

On Stake, where do I see how much I have earned in a day ? Also does it combine all your earning stocks into one figure ?

[honglytech]

Thanks. Can we also get 50% on dividends as well if holding more than 12 months?

[steishask]

all of your videos have been really helpful!! thanks a lot

[megumi_]

it was a helpful video for me, thanks

[piyushbhatt]

Hey Connor, Nice Video, Quick question I got the point for Capital Gains Tax and Dividend, but what about when I don't sell the stock or Dividend, I received I use it in buying the same stock again, mainly not getting the money in my bank account, So still I have to include that Capitals gain/profit;/dividend in my salary?