On or about 19 June 2019, the Inland Revenue Authority of Singapore (IRAS) has updated the e-Tax Guide on Income Tax: Income Tax Treatment of Real Estate Investment Trusts and Approved Sub-Trusts (Third Edition). It replaces the second edition published on 12 April 2018.
In this third edition, the following revisions were made:
- amended para 7.1, 8.3, 12.2(b), Annex 2, and inserted para 3.2, and 7.2 to reflect the tax changes announced in Budget 2019
- amended para 9.4, 10.1, 12.2(b) and 13.1 to update cross-references, and
- amended examples in para 8.11, 8.12, 9.5 and Annex 3.
Source: IRAS website, 19 June 2019