areakopane areakopane
  • 02-06-2022
  • Business
contestada

do business trust income tax on income according to the conduit principle

Respuesta :

beinggreat78
beinggreat78 beinggreat78
  • 02-06-2022

Answer:

Yes, the grantor pays the taxes on the income that comes from the trust. They have complete control of the trust. Money is then placed into the trust, the rate it accumulates at is taxable as income to mostly the trust.

Hope it helps.

Answer Link

Otras preguntas

What is the unfinished work of which Lincoln speaks
need help asap. !!! 3.5 3 4.5 4.2
According to economists like Adam Smith, who benefits from free trade? A. only sellers B. only buyers C. no one D. both buyers and sellers
A store manager needs to run a report of last month’s sales. The manager would like the report to highlight products that sold over a quantity of twenty-five fo
Finance - Sheryl and Carol work at the same company and make the same salary of $64,000 per year. Carol deposits 8% of their salary into their 401k and the comp
What is the syntax for a sum formula adding the values of cell f6 to f9?
Light boxes and tents are typically used for fine art photography. True or False
4 ways zedong change chinese society
Who can help please
Which was the first object made by humans to orbit earth?