Keppel Pacific Oak US REIT Tax Exemption Update

Keppel Pacific Oak US REIT (SG:CMOU) has released an update.

Keppel Pacific Oak US REIT has announced that non-US investors are not subject to US withholding tax on unit transfers, as the REIT operates in a manner exempt from being engaged in US trade or business. The latest Qualified Notice, confirming the REIT’s tax position, is now available on their website and will be updated quarterly. This notice offers reassurance to international investors, highlighting no need for a US tax ID or federal income tax filing solely due to owning units in the REIT.

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