Keppel Pacific Oak US REIT Reaffirms Non-Applicability of US Section 1446(f) Withholding Tax for Non-US Investors

The latest update is out from Keppel Pacific Oak US REIT ( (SG:CMOU) ).

Keppel Pacific Oak US REIT Management has reiterated that US withholding tax under Section 1446(f) of the Internal Revenue Code does not apply to transfers of KORE units by non-US unitholders, as the REIT is a publicly traded partnership that has operated, and intends to continue operating, in a manner that avoids being treated as engaged in a US trade or business. As a result, brokers handling transfers of KORE units do not have to withhold this tax, and non-US investors should not need to file US federal income tax returns or obtain US tax identification numbers solely due to Section 1446(f), with the manager posting a new qualified notice effective 1 January 2026—valid for 92 days—and signaling its intention to continue issuing such notices quarterly to provide ongoing tax clarity to investors and intermediaries.

The most recent analyst rating on (SG:CMOU) stock is a Buy with a $0.40 price target. To see the full list of analyst forecasts on Keppel Pacific Oak US REIT stock, see the SG:CMOU Stock Forecast page.

More about Keppel Pacific Oak US REIT

Keppel Pacific Oak US REIT is a Singapore-listed real estate investment trust that invests primarily in income-producing commercial assets in the United States, offering investors exposure to US office and related real estate while being managed by Keppel Pacific Oak US REIT Management Pte. Ltd. in Singapore.

Average Trading Volume: 725,830

Technical Sentiment Signal: Buy

Current Market Cap: $245.4M

For an in-depth examination of CMOU stock, go to TipRanks’ Overview page.