nope, i think non-resi gets witholding tax or normal non-resi income tax.. even m-reits u kena tax

yea.. wanna go some into oue but it seems for dividend only.. not for trading.. px stuck at 0.895 for a long time

heh... am with stanchart... 0.26% brokerage... no min charge... but u gotta buy cash... no margin

For clarity of taxable, not taxable, withholding tax, blah blah... - to share findings
NOTE: i'm not a tax expert ya - just reading & interpretation by common Joe.

Bottom line:
For individual investors - not taxable at recipient's end AND no withholding tax
REIT's income is NOT taxable IF distributed within financial year

The related references UNDERLINED for your easy review.

REFERENCES
http://www.kpmg.com/PL/en/IssuesAndInsight...ment_Trusts.pdf
 Taxation_of_Real_Estate_Investment_Trusts.pdf ( 694.42k ) Number of downloads: 11

a. Income tax
• Not taxable if SREIT’s taxable income from Singapore properties is distributed within the financial year
• Any taxable income not distributed within the financial year is subject to tax at the prevailing tax rate, currently 17%

b. Withholding tax
• Withholding tax at the prevailing corporate tax rate, currently 17%, is applicable on distributions made by SREITs, except where the distributions are made to:
• Individuals who will receive the distributions free of withholding tax, unless these are received through a Singapore partnership
• Qualifying unit holders (such as Singapore resident corporate unit holders, Singapore branches of foreign companies, bodies of persons, etc) who will receive the distributions free of withholding tax
• Qualifying foreign non-individual unit holders who will receive distributions at the reduced rate of 10% for distributions made until 31 March 2015

c. Foreign Shareholders - Dividends
• Subject to meeting qualifying conditions, foreign non-individual unit holders are subject to withholding tax at 10% for distributions receivable on or before 31 Mar 201510. This withholding tax is a final tax
• For foreign individual unit holders, the distributions are exempt from tax, unless they are derived through a partnership in Singapore
• Distributions made out of capital gains (except trading gains) are exempt from tax

Additional resources (from Gov itself):
http://www.moneysense.gov.sg/understanding...ent-trusts.aspx

This post has been edited by wongmunkeong: Jul 25 2014, 11:03 AM

thank you but dont quite understand.. am not well educated..

btw, what's the difference between cumdate and exdate?

lol.. so nice, get almost 2% return doing intraday trade for the last few days..

Cumdate .. means the co declared a dividend. and if you bought during cum date u will be entitled to dividend.

If you have bought before ex-date, then you are entitled to the dividends.

If you have bought on the ex-date, then you would not be entitled.

You can read more here:
http://www.investopedia.com/terms/e/ex-date.asp

thank you... appreciate the info very much, helps an amateur like me very much

Thought u quit yr job to trade full time. Then you are not amateur you are a full time trader U trade reits using chart ? like yr internet speed do u live in sgp ?

lol.. not full time... 1 hour reading, 2-3 hours trading only..

doing something else...

nope, not a technical person.. more towards fundamentals but dont know how 2 read reports also.. lol

yea... used to work now just live in sg..

most Reits dividend declared for mid year.. anyone topping up anything?

many already ex-ed incl firstreit, suntec, capitamall, sabana.

still waiting for announcement from the rest. aimsampi looks very interesting as it reaches 1.50 before div news.

i will collect all div first, then go shopping.

Aimsampi declared 2.55 cents dividen , solid results... this reit is pretty well managed

ya, nice!

i have a -ve outlook on industrial reits recently but still holding a lot due to higher yield... are u guys feeling the same?

all ib reports i read recently are -ve on ind reits as there is ample new space coming onstream.

generally, these ib's say sg reits are toppish, nothing good to say.

personally, i only hv aimsampi and sabana in industrials - aim has been very good, sabana has been behind since a few months ago.



just bought a bit more cdl htrust, since it dropped a bit more than i expected ex-div. this one gave lower than exp div due to some hotel shutdown for renov but shud be back in op soon. i see sg hotels in v good shape.

sold all my industrial reits last week.

Don't like the look of the markets.

Moving my funds to direct investments.

been thinking about that too... the risks there are certainly increasing...

what direct investments, care to share?

This post has been edited by AVFAN: Aug 1 2014, 06:45 PM

Sorry.

Cant disclose yet. Till the deal is signed.

haih... got hit by market badly... damn, on the way back from kl, half way mkt drop... no chance to sell also..

wah.. CDL drop further.. u topping up? or wait and see... Did not notice also it drop so badly after ex-div
till today i see is 1.66. My ABP was 1.74...

price easing a bit, yields rising. plus just ex-div.

can see it almost across the board..

not topping up anything more for now. will watch a bit longer, wait for divs to arrive!

hand itchy..as I got $$$ IN sgd NOT EARNING INTEREST...
i think will wait too. Most div will be in end aug sept.