QUOTE(MUM @ Nov 6 2019, 12:08 PM)
Non-Taxable Dividends
Generally, the following dividends are not taxable:
a) Dividends paid on or after 1 Jan 2008 by a Singapore resident company under the one-tier corporate tax system except co-operatives;
c) Income distribution from Real Estate Investment Trusts (REITs), except distributions derived by individuals through a partnership in Singapore, or from the carrying on of a trade, business or profession in REITs.
https://www.iras.gov.sg/IRASHome/Individual...-Not/Dividends/
Effective 1 Jan 2008, Singapore resident companies can issue one-tier tax exempt dividends.
This means shareholders will not be taxed on this dividend income.
However, dividends received from shares in co-operatives are taxable.
Generally, income distribution from Real Estate Investment Trusts (REITs) and unit trusts are exempt from income tax.
This excludes distribution derived by individuals:
a. Through a partnership in Singapore; or
b. From the carrying on of a trade, business or profession.
https://www.iras.gov.sg/irashome/Individual...s-in-Singapore/
The NAV of REIT funds should be net of tax.
Nov 6 2019, 02:34 PM

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