Resources On-Demand

Trusts Beyond 2021: Specific Tax Risks Related to Trusts (Part 4)

This webinar on demand is part of a series of webinars. Click here to read more

Overview

Trusts are widely considered to be effective planning vehicles that provide several benefits. Considering legislative changes in recent years and court judgments impacting trust law, it is now imperative to consider all the legal and administrative risks affecting trusts. 

In this comprehensive trust series, we will provide a full perspective on the critical legal and governance aspects to be considered by the various parties involved in trusts: The donors, beneficiaries, trustees, financial planners, tax advisors and accountants.

This Trusts Beyond 2021 series consists of four parts (each webinar can be attended independently):

Webinar 1: Trusts: Get the Basics Right

Webinar 2: Trusts: Important Short and Long-Term Risks and Benefits

Webinar 3: Risks for Trustees and Tax Practitioners in Trust Administration

Webinar 4: Specific Tax Risks Related to Trusts

Click here to view the full series.

Webinar content

Specific Tax Risks Related to Trusts (Part 4)

What tax risk areas are relevant to trusts and how can it be mitigated?

• Tax considerations of income retained in a trust.
• Apportionment of trust revenue and expenses for tax purposes.
• Tax considerations of income distributed to beneficiaries.
• Attribution of income and capital.
• Section 7C complications.
• Tax considerations of offshore trusts.
• Tax considerations for non-resident beneficiaries.

Who should attend?

Tax practitioners, tax managers, financial managers