StarHub Ltd (CC3) said on Jan, 21 2026 that it has received an advance tax ruling from the Inland Revenue Authority of Singapore for its 200 million Singapore dollars 3.35% subordinated perpetual securities issued on Oct, 14 2025 under the company’s 2 billion Singapore dollars multicurrency debt issuance programme.
IRAS will regard the securities as “debt securities” under section 43H(4) of the Income Tax Act 1947 and the Income Tax (Qualifying Debt Securities) Regulations, meaning distributions—including any arrears and additional amounts—will be treated as interest payments on indebtedness.
The confirmation removes uncertainty over the tax treatment of the distributions payable on the perpetual securities, StarHub said.