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SINGAPORE BUDGET 2019

Reits sector gets big boost from lifting of sunset clause on tax exemption

Extension of other tax perks also cheered, but some say Budget moves may not be enough to draw trust and Reit listings, especially from aircraft leasing sector

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For Singaporeans investing in real estate investment trusts (Reits), Finance Minister Heng Swee Keat's removal of the sunset clause for tax exemption on Singapore-listed Reits (S-Reits) and Reits Exchange-Traded Funds (Reits ETFs) distributions is undoubtedly welcome news.

Singapore

FOR Singaporeans investing in real estate investment trusts (Reits), Finance Minister Heng Swee Keat's removal of the sunset clause for tax exemption on Singapore-listed Reits (S-Reits) and Reits Exchange-Traded Funds (Reits ETFs) distributions is undoubtedly welcome news.

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