SINGAPORE (Apr 16): On Apr 16, the Ministry of Finance (MOF), the Inland Revenue Authority of Singapore (IRAS), and the Monetary Authority of Singapore (MAS) announced that MOF and IRAS will extend the timeline for S-REITs to distribute at least 90% of their taxable income from 3 months to 12 months after the end of their FY2020 to qualify for tax transparency.

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