{"id":615,"date":"2018-07-11T15:06:19","date_gmt":"2018-07-11T07:06:19","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=615"},"modified":"2018-07-12T15:14:48","modified_gmt":"2018-07-12T07:14:48","slug":"revised-guidance-on-income-tax-treatment-of-s-reit-etfs","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2018\/07\/11\/revised-guidance-on-income-tax-treatment-of-s-reit-etfs\/","title":{"rendered":"Revised Guidance on income tax treatment of S-REIT ETFs"},"content":{"rendered":"<p class=\"hP\"><span style=\"color: #000000;\">On 9 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Second Edition of the e-Tax Guide, <i>Income Tax Treatment of Real Estate Investment Trust Exchange-Traded Funds<\/i>. <\/span><\/p>\n<p><span style=\"color: #000000;\">The amendment include to amend paragraph 5.2 of the main guide and paragraph (b) of Annex 2 to change the requirement for a REIT ETF to \u201cdistribute all income (net of expenses) to unitholders\u201d, to \u201cdistribute all distributions received from S-REITs (net of expenses) to unitholders\u201d.<\/span><\/p>\n<p><span style=\"color: #000000;\">Further amendment include to amend paragraphs 6.9, 6.10 and 8.9 of the main guide, and to amend example 2 of Annex 3 such that any undistributed income arising from redemptions of units in a REIT ETF after distribution declaration date must be rolled over to the next distribution period and be distributed to unitholders.<\/span><\/p>\n<p><span style=\"color: #000000;\">Source: <em>IRAS<\/em>, 11 July 2018<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>On 9 July 2018, the Inland Revenue Authority of Singapore (IRAS) has updated the Second Edition of the e-Tax Guide, Income Tax Treatment of Real Estate Investment Trust Exchange-Traded Funds. The amendment include to amend paragraph 5.2 of the main guide and paragraph (b) of Annex 2 to change the requirement for a REIT ETF [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,6],"tags":[],"class_list":["post-615","post","type-post","status-publish","format-standard","hentry","category-incometax","category-techupdates"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/615","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=615"}],"version-history":[{"count":1,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/615\/revisions"}],"predecessor-version":[{"id":616,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/615\/revisions\/616"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=615"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=615"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=615"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}