Public Ruling On Tax Treatment on Unit Trust Funds

Inland Revenue Board (IRB) has issued the following two public rulings on 23 May 2013:

Public Ruling No.	Public Ruling Title
No.5/2013	Taxation Of Unit Holders Of Unit Trust Funds
No.6/2013	Unit Trust Funds Part II - Taxation Of Unit Trusts

The objective of Public Ruling No. 5/2013 is to explain the taxation of unit holders who receive income distributions from unit trusts.

Meanwhile, the Public Ruling No. 6/2013 is to explain the taxation of unit trust funds and property trusts other than a real estate investment trust or property trust fund (REITs/PTF) governed by the Securities Commission (SC).