- Narrative Type
- Narrative Text
|Additional Text||Advanced Distribution of 1.1371 Singapore cents per unit in Lendlease Global Commercial REIT for the period from 1 January 2022 to 30 March 2022 comprising:|
(i) taxable income distribution of 0.8040 cents; and
(ii) tax-exempt income distribution of 0.3331 cents.
|Taxation Conditions||Tax will be deducted at source from the taxable income distribution in certain circumstances.|
Qualifying investors and individuals (other than those who hold their units through a partnership) will generally receive pre-tax distributions. These distributions are exempt from tax in the hands of individuals unless such distributions are derived through a Singapore partnership or from the carrying on of a trade, business or profession in which case, such distributions are not exempt from tax and the individual must declare the gross distribution received as income in their Singapore tax returns.
Qualifying foreign non-individual investors and qualifying non-resident funds will receive their distributions after deduction of tax at the rate of 10%.
All other investors will receive their distributions after deduction of tax at the rate of 17%.
|Additional Text||Please refer to the attached announcement for additional information.|