RESIDENCY OF A TRUST – A QUESTION OF MANAGEMENT AND CONTROL
As my fellow bloggers have explained in some detail, there are various tenets governing trusts having legal and tax implications depending on the circumstances. One of these is the location of “central management and control” which the Courts have previously ruled as being the basis for determining residency. Recently, the Supreme Court of Newfoundland and Labrador was asked to rule on the specific issue of residency which would have significant….
RESIDENCY OF A TRUST – A QUESTION OF MANAGEMENT AND CONTROL Continue Reading »
Canada Revenue Agency, Estate Administration, Estate Litigation, Estate Planning, Investments, Property, Trustee, Trusts