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I've invested in US Shares

Pearler are not tax advisers.

This material has been prepared for informational purposes only, and is not intended to provide you with personal taxation advice. The information contained herein is general in nature and you should consult your own tax advisers before taking any action.

What are the tax implications of buying US shares in Australia?
W-8 BEN

If you have invested in US shares that are listed on a US exchange (i.e. NASDAQ & NYSE) on pearler, a W-8 BEN has already been filled and filed on your behalf by our US broker (Drivewealth) when you opened your pearler Shares account. No further action is required by you! This is to establish who you are and your tax status as an international owner of US shares. You can view this form on your Settings > Reports page, under the US broker statements and documents section.

US Broker statement location screenshot

Gains and losses

There may be implications to having sold shares/ETFs.

How much are capital gains taxed?

You'll find the helpful tools listed below on our Settings > Reports page to assist you or your accountant when calculating any gains or losses.

CGT Tax Helper

ATO friendly PDF report

CGT Helper location screenshot
Order CSV

Spreadsheet of your historical buys & sells (including brokerage fees)

Order CSV example screenshot
Trade History statement

PDF statement of your historical buys & sells (including brokerage fees)

Trade History example screenshot
Sharesight & Navexa
US Broker statement location screenshot

You can track performance for up to 10 holdings on Sharesight & Navexa for free. If you have more than 10 holdings, or would like to access the reporting features, you can choose to upgrade to a paid plan which includes a free trial. We want to clarify that we do not receive any kickbacks for suggesting that you sync with the free version of Sharesight and Navexa. If you do choose to upgrade, we may earn a fee, but this will not impact the price of the paid plans. See pricing (Sharesight/Navexa) for more information. We've created help articles (Sharesight/Navexa) that step you through how to sync your Pearler trade data and also how to produce Taxable Income and Capital Gains Reports. Using a tool like Sharesight or Navexa provides you with a detailed estimate based on a tax strategy, which can be used for your own calculations or to provide an accountant to complete a tax return.

ATO links that may be helpful:
Dividends and non-resident companies and shareholdersTax time toolkit for investors

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