Digital Core REIT Announces Tax Exception Eligibility

Digital Core REIT (SG:DCRU) has released an update.

Digital Core REIT has announced that it qualifies for a tax exception for transfers of interests as it was not engaged in any U.S. trade or business during the taxable year up to the PTP designated date. This exemption under Treas. Reg. § 1.1446(f)-4(b)(3)(ii)(A) is applicable for a 92-day period starting from October 1, 2024. Investors should note that this notice is only reliable within this specified timeframe and may be updated by the company.

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