The Inland Revenue Authority of Singapore (IRAS) recently published updated e-Tax guides on the tax treatment of Real Estate Investment Trusts (REITs) a sub-trusts and REIT exchange-traded funds. The two e-Tax guides are summarized as follows:
Income Tax Treatment of Real Estate Investment Trusts and Approved Sub-Trusts (Eighth Edition)
This e-Tax guide explains the income tax treatment for a REIT and an approved sub-trust of a REIT. The guide will be relevant to you if you are a trustee,…