areakopane areakopane

02-06-2022
Business

contestada

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

Respuesta :

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 role did the Scientific Revolution play in bringing about the Enlightenment? a) Monarchs financed exploration of new lands, leading to an age of discovery.

The overall economic performance of developing countries is expected to outpace that of the United States over the coming years. A customer that wishes to profi

Basic FLows, Equivalent Units Thayn Company produces an arthritis medication that passes through two departments: Mixing and Tableting. Thayn uses the weighted

which best describes how scientists found the human gene that makes insulin

3 pumps, working 8 hours a day, can empty a tank in 2 days. How many hours a day must 4 pumps work to empty the tank in 1 day?a) 8b) 9 c) 10 d) 11 e) 12

Once Jeremy is on the fire escape he runs 2 feet to the staircase. He then runs across the width of the building. Which of the following equations will allow yo

what are the values of x and z in the solution system of linear equations below? -3x-2y+4z = -16 10x+10y-5z=30 5x+7y+8z=-21

i need number 7 pls help :))

Determine whether the following is an example of a sampling error or a non sampling error. A researcher studied brother-sister pairs to see if there is a diffe

Ruiz co. provides the following sales forecast for the next four mounths. The company wants to end each month with ending finished goods inventory equal to 40%