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Note
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Reference no. 9A96B032
Published by: Ivey Publishing
Originally published in: 1996
Version: 2013-01-11
Revision date: 13-Feb-2013
Length: 9 pages
Data source: Field research

Abstract

This note describes the nature of a trust and how trusts and their beneficiaries are taxed. In addition, the note discusses the income tax issues that arise when a taxpayer dies.

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Abstract

This note describes the nature of a trust and how trusts and their beneficiaries are taxed. In addition, the note discusses the income tax issues that arise when a taxpayer dies.

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