| Taxation Conditions | The Fund was incepted on 22 March 2017 under the Designated Unit Trust scheme ("DUT scheme"), administered on a self-assessment basis. The Fund must meet the specified conditions of the DUT scheme throughout the basis period for each year of assessment and a declaration form is to be submitted to the IRAS on an annual basis. Dividend distributions made by the Fund to all holders will not attract Singapore withholding tax.
Dividend distributions are not taxable for investors who are individuals except individuals who derive such income through a partnership in Singapore or from carrying on of a trade, business or profession in Singapore. |