On Dec, 26 2025, Manulife US Real Estate Investment Trust announced that transfers of its units by non-U.S. investors will not be subject to the U.S. Internal Revenue Code Section 1446(f) withholding tax.

The trust stated that it is a publicly traded partnership not engaged in a U.S. trade or business, enabling it to issue a “Qualified Notice” that eliminates the withholding requirement for brokers and investors.

The current notice is effective through Dec, 31 2025 and will be refreshed every quarter. The trust added that unitholders will not need to file U.S. federal income tax returns or obtain U.S. tax identification numbers solely because of these rules.