Brokers' take
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore-listed US Reits | DBS Equity Research, Jan 2
BOTH Manulife US Reit and Keppel-KBS US Reit announced that there is no impact on their current tax structure from the recently released proposed US tax regulations which provided clarification on the change in the US tax act in late 2017, specifically Section 267A.
Based on the advice of multiple lawyers and accountants, the entities in Barbados which are used to repatriate cash from the US and Singapore were not classified as hybrid entities.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Does foreign ownership matter? Marina Bay Sands’ success benefits Singapore greatly
Malaysia tourism hit by fuel shock; tour prices may jump 50%
‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Vietnam acts fast to shield firms, households from fuel price surge
