Budget 2025: Income tax concessions, GST remission for S-Reits extended for 5 years
This is expected to continue promoting the listing of Reits in Singapore
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INCOME tax concessions as well as goods and services tax (GST) remission for Singapore-listed real estate investment trusts (S-Reits) will be extended for five more years, as part of tax changes announced in Budget 2025 on Tuesday (Feb 18).
The enhancement and extension of income tax concessions for S-Reits till Dec 31, 2030, will “continue promoting the listing of Reits in Singapore”, as well as sustain the country’s position as a global Reit hub, said the Ministry of Finance (MOF).
Among the key changes is that the scope of specified income for tax transparency treatment will be expanded to include all co-location and co-working income derived from Jul 1, 2025.
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