- Narrative Type
- Narrative Text
|Additional Text||Prime US REIT has announced the distribution of US 3.15 cents per unit for the period from 19 July 2019 (listing date) to 31 December 2019 which comprises two components: |
(a) distribution out of tax-exempt income of US 2.00 cents; and
(b) distribution out of capital of US 1.15 cents.
Please refer to the attachment.
|Additional Text||An Advance Distribution is estimated to be US 0.96 cents for the period from 1 January 2020 to 20 February 2020, being the date immediately prior to the date on which the new units in Prime US REIT are issued in connection with the Private Placement.|
|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 by Friday, 6 March 2020, will be subject to 30% withholding taxes on the Distribution.|