OrbitaxSingapore Publishes Ruling Summary on the Characterization of Hybrid Instruments and Related Issues for Securities Issued by a REIT
|Approved Changes|Singapore
The Inland Revenue Authority of Singapore has published Advance Ruling Summary No. 8/2021, concerning the characterization of hybrid instruments and related issues for securities issued by a real estate investment trust (REIT).
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Advance Ruling Summary No. 8/2021
Subject:
Whether:
- The Fixed Rate Subordinated Perpetual Securities (the "Securities") will be regarded as "debt securities…
