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Rock wrote: Tax incentive for Singapore REIT was first introduced in 2005. If they pay out at least 90 percent of their income as dividends, REITs are exempt from paying tax on the dividend receive. This was only for 5 years and renewed in 2010.
This year the tax sweetener will expire on 31st March. Come Feb 23 Budget Day, if it's not renew it will have an impact on RIET total dividend pay out and share its share price.
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