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  1. Terry_w

    Trust and Tax

    You may also need legal advice if there is a gift or a loan involved.
  2. Terry_w

    Trust and Tax

    Hooray is right No tax on gifts unless it is really income but there are many many issues. Trusts are not considered a business and trusts generally don't pay tax at all and not at 30%. Companies pay tax at 30% rate
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