- Narrative Type
- Narrative Text
|Additional Text||Prime US REIT is pleased to announce the distribution of US 3.42 cents per unit for the period from 1 July 2020 to 31 December 2020 which comprises two components:|
(a) distribution out of tax-exempt income of US 2.39 cents; and
(b) distribution out of capital of US 1.03 cents per unit.
Please refer to 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 completed and accurately by Wednesday, 10 March 2020, will be subject to 30% withholding taxes on the Distribution.|