The Resource Welcome stranger : a global perspective on the taxation of trusts - Canadian income taxation of trusts and beneficiaries

Welcome stranger : a global perspective on the taxation of trusts - Canadian income taxation of trusts and beneficiaries

Label
Welcome stranger : a global perspective on the taxation of trusts - Canadian income taxation of trusts and beneficiaries
Title
Welcome stranger : a global perspective on the taxation of trusts - Canadian income taxation of trusts and beneficiaries
Creator
Subject
Language
  • eng
  • eng
Summary
This article provides a summary overview of the taxation of trusts and beneficiaries under the Income Tax Act (Canada). It commences with a general review of the provisions of the Act applicable to a Canadian resident trust, including the rules governing the computation of income, the 21-year deemed disposition rule, the tax consequences applicable to the transfer of property to a trust and distribution made by a trust to its beneficiaries, and certain of the income attribution provisions in the Act, including those applicable to revocable and reversionary trusts. It then reviews the manner in which the residence of trust is determined for purposes of the Act, including the deemed residency provisions in section 94 of the Act, and concludes with a summary of certain considerations relevant to the immigration and emigration of a trust
Citation source
In: Trusts & trustees. - Oxford. - Vol. 23 (2017), no. 1 ; p. 88-108
http://library.link/vocab/creatorName
Roth, E.S
Geographic coverage
North America
Language note
English
http://library.link/vocab/subjectName
  • trust
  • income tax
  • residence
  • immigration
  • emigration
Label
Welcome stranger : a global perspective on the taxation of trusts - Canadian income taxation of trusts and beneficiaries
Link
https://library.ibfd.org/custom/web/SD_PDF/scans/2017/T/TRUSANTR/1_88-108.pdf
Publication
Note
20170331

Library Locations

    • IBFD Library AmsterdamBorrow it
      Rietlandpark 301, Amsterdam, 1019 DW, NL
      52.3736660 4.9336932
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