Examples of REIT in a sentence
Tax-exempt income relates to net taxed income and one-tier dividend income received by Keppel Pacific Oak US REIT.
For Unitholders who are liable to Singapore income tax on profits from sale of Keppel Pacific Oak US REIT Units, the amount of capital distribution will be applied to reduce the cost base of their Keppel Pacific Oak US REIT Units for Singapore income tax purposes.
The REIT X’s taxable income before the distribution deduction and inclusion of taxable capital gain is R9 million.
Based on table above, we note the following: (i) The proposed Performance Fee formula is similar to the performance fee formula for I-REIT, OUEC REIT and MGCC Trust; and (ii) For FHT, the performance fee paid to its manager is a percentage of its distributable income whereas for Starhill Global the performance fee paid to its manager is along the same lines as that which is presently in place for CIT.
Such statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of Apple Hospitality REIT, Inc.