SY C

Hi, Thanks for the update. How about the borrower? How does the borrower declare the payment? Thanks.

Can the payment be used to deduct dividend tax, or income tax?

ChatGPT claims that short dividends are treated as income and are subject to income tax at your marginal rate. I would like to confirm whether it is true. Could you advise? Thanks.

Hi team, When we hold short position of stocks, we have to pay dividend to the lender of the stock position on dividend payment date. Could you advise how the payment is treated? Thank you.