Singapore Tax Agency Updates e-Tax Guide on REITs and Approved Sub-Trusts

The Singaporean Inland Revenue Authority June 19 updated the e-tax guide on the income tax treatment of real estate investment trusts (REITs) and approved sub-trusts. The update includes: 1) a 10 percent withholding tax rate on REIT distributions to nonresident non-individual unit holders from Feb. 18, 2005 to Dec. 31, 2025; 2) a 10 percent withholding tax rate on REIT distributions to qualifying nonresident funds from July 1, 2019 to Dec. 31, 2025; 3) tax treatment of distributions based on unit holder types; 4) requirement for trustees or managers of REITs to obtain ultimate beneficiary information on units held through ...