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In this case, the beneficiaries of the trust pay income tax on the money they receive from the trust.
by Manuel_D 5mo ago
In this case, the beneficiaries of the trust pay income tax on the money they receive from the trust.
- madaxe_again 5mo agoYou don’t pay income tax on loans, and the trust exists in a place with no CGT.
- Manuel_D 5mo agoIt doesn't matter where the trust exists, what matters is that the people drawing from the trust pay income taxes on that money.