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Do business trust income tax on income according to the conduit principle
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22 votes
Do business trust income tax on income according to the conduit principle

User Becquerel
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28 votes
28 votes

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.

User Ondrobaco
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