Keppel Pacific Oak US REIT Confirms Non-Applicability of US Withholding Tax for Non-US Unitholders
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Keppel Pacific Oak US REIT has announced that US withholding tax under Section 1446(f) does not apply to non-US unitholders transferring units, as it operates as a publicly traded partnership not engaged in US trade or business. A Qualified Notice effective from July 1, 2025, confirms this status, enhancing its appeal to international investors. The current analyst rating for the stock (SG:CMOU) is a Hold with a price target of $0.28.
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