IRAS Updates GST Concession Guide for Singapore-Listed REITs and Business Trusts

• IRAS updated its e-Tax Guide for GST concessions for listed REITs and Business Trusts in Singapore.
• Separate claims statements are no longer required unless requested by IRAS.
• The concession period is extended to 31 December 2030.
• The guide clarifies criteria for S-REITs, their SPVs, and qualifying S-RBTs to access GST concessions.
• Eligible S-REITs and S-RBTs can claim input GST on business expenses regardless of taxable supply status.
• Supplies made across multi-tiered structures can be treated as if made by the parent entity for GST claims.
• The concession applies to businesses in infrastructure, aircraft leasing, and ship leasing.
• The extension of the qualifying period was confirmed by the Minister for Finance in February 2025.

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

---

---