- Narrative Type
| - Narrative Text
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| Additional Text | Manulife US REIT has announced the distribution of US 2.61 cents per unit for the period from 1 January 2022 to 30 June 2022 which comprise two components:
(a) distribution out of tax-exempt income of US 2.21 cent; and
(b) distribution out of capital of US 0.40 cent.
Please refer to the attachment. |
| Taxation Conditions | The capital component of the Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to Singapore income tax. |
| Taxation Conditions | Unitholders who do not submit required U.S. tax forms completely and accurately will be subject to an effective withholding tax of 30.626% on the tax-exempt income component. The U.S. tax forms are required to be reviewed and validated by the appointed processing agent by Monday, 5 September 2022. |
| Taxation Conditions | To ensure the forms can be validated by Monday, 5 September 2022, Unitholders are reminded to submit the completed tax forms to Manulife US REIT's Unit Registrar - Boardroom Corporate & Advisory Services Pte. Ltd. by Monday, 29 August 2022. |