S-REITs ETFs investors to enjoy more income from Budget 2018 tax changes

Singapore Budget 2018 speech contains a goody for S-REITs ETF investors…

Distributions made by S-REITs to S-REITs ETFs out of specific income derived by S-REITs will no longer be subjected to the prevailing corporate tax rate of 17 per cent. This will be reviewed on 31 Mar 2020.

This means more distributable income for the S-REITs ETFs’ investors.

Source: Singapore’s Budget 2018 Speech, Annex A-5

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