The Inland Revenue Authority of Singapore (IRAS) has issued an updated e-Tax Guide, GST: Concession for REITs and Qualifying Registered Business Trusts Listed in Singapore (Eighth Edition). Real Estate Investment Trusts listed on the Singapore Exchange (S-REITs) and their Special Purpose Vehicles (SPVs), and qualifying Singapore-listed Registered Business Trusts (S-RBTs) are granted a GST concession to claim GST incurred on business expenses. The guide sets out the qualifying criteria for th…