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Manuel_D
57 days ago
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How to convert between wealth and income tax
In this case, the beneficiaries of the trust pay income tax on the money they receive from the trust.
madaxe_again
56 days ago
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You don’t pay income tax on loans, and the trust exists in a place with no CGT.
Manuel_D
56 days ago
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It doesn't matter where the trust exists, what matters is that the people drawing from the trust pay income taxes on that money.
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