$Tiger Brokers(TIGR)$ [OMG] what do you mean, The US Internal Revenue Service (âIRSâ) has issued a new provision under Section 1446(f) of the Internal Revenue Code (âIRCâ) that primarily impacts Non-US Persons who invest in PTP Securities. Unless an exception applies, a 10% withholding tax applies to: 1. Gross proceeds from the sale of a PTP 2. Certain PTP distributions This new withholding tax will be applied on trades of PTP Securities with effect from 1 January 2023. Please note that with effect from 1 January 2023, Tiger Brokers (Singapore) Pte. Ltd. (âTBSPLâ) may not be able to support PTP Securities trading, transfer-in request or any other related transactions in PTP Securities. In the event if we are able to do so, there ma