Will I Receive a Tax Slip for the Withholding Tax on My US Stock Dividends?
No. Pluang does not issue a bukti potong, or tax slip, for the withholding tax applied to your US stock dividends. The tax is deducted at source before the dividend is credited, so what arrives in your USD balance is already the net amount, and there is no separate certificate documenting the deduction. That does not remove your reporting obligation: dividend income still has to be declared as income when you file your annual tax return, the Surat Pemberitahuan Tahunan or SPT Tahunan. Because no slip is provided, you build your own record instead. Every dividend you have received is listed in Transaction History under the Balance menu in the Pluang app, with the date, the gross amount, the tax withheld, and the net amount credited, which gives you what you need to report accurately at filing time.
- No tax slip issued: Pluang does not provide a bukti potong for US stock dividend withholding.
- Why: The tax is deducted at source before crediting, so the amount received is already net.
- Your obligation: Dividend income must still be self-reported as income in your annual SPT Tahunan.
- Where the records are: Transaction History under the Balance menu in the Pluang app.
- What each entry shows: Date, gross dividend, tax withheld, and net amount credited.
- Good practice: Record dividends as they arrive rather than reconstructing a full year at filing time.
Related questions:
Q: Why doesn't Pluang issue a bukti potong for dividend withholding?
The withholding on US stock dividends is applied at source, outside Indonesia, before the dividend travels down the distribution chain into your Pluang account. Because Pluang is not the party making the deduction, it does not issue the withholding certificate that an Indonesian withholding agent would normally provide. What you receive is the net dividend, already reduced by the applicable rate, with no accompanying slip documenting that specific deduction.
Q: If there is no tax slip, how do I report my dividend income?
You self-report it. Dividend income is declared as income in your Surat Pemberitahuan Tahunan (SPT Tahunan), Indonesia's annual tax return, using your own records rather than a certificate from Pluang. Open Transaction History under the Balance menu in the app to pull every dividend you received during the tax year, including dates and amounts. If you are unsure how to classify foreign dividend income, a tax consultant can advise on your specific filing.
Q: Where can I find a full record of the dividends I received?
Open the Balance menu in the Pluang app and tap Transaction History. Every dividend credited to your account appears there as its own entry, listed with the date it landed and the amount. Tapping an individual entry opens the breakdown, showing the gross dividend, the tax that was withheld, and the net figure credited to your USD balance. You can also reach the same history from the transaction icon on the asset page of any stock you hold.
Q: Does the missing tax slip mean the dividend was never taxed?
No. The absence of a slip has nothing to do with whether tax was applied — it only means no certificate is issued for that deduction. Withholding is taken from every US stock dividend before it reaches you, at 15% for non-leveraged positions and 30% for 2x leveraged ones. You can confirm the deduction yourself by opening the dividend entry in Transaction History, where the withheld amount is shown alongside the gross and net figures.