CapitaLand China Trust announced on Jan, 27 2026 that it has secured a ruling from the Inland Revenue Authority of Singapore confirming that its 150 million Singapore dollars fixed-rate subordinated perpetual securities, issued under its 1 billion Singapore dollars multicurrency debt programme, qualify as debt securities for tax purposes.
The ruling means distributions, including optional distributions, on the securities will be treated as interest on indebtedness, allowing holders to enjoy tax concessions available under Singapore’s qualifying debt securities scheme, provided they meet the relevant conditions specified in the trust’s information memorandum.
The manager advised investors to consult their own tax advisers regarding potential implications in Singapore or other jurisdictions.