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VSS Communication
May 13, 2024
Taxation, Trusts

Issue 47 - MAY 2024

VSS Communication
May 13, 2024
Taxation, Trusts

The trustee tax rate now matches the top 39% personal tax rate.  In some cases, this may prompt a decision to wind up the trust, perhaps because the advantage offered by the trust no longer outweighs the increased tax costs and pronounced reporting and compliance steps.

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Newer PostIssue 48 - June 2024
Older PostIssue 46 - November 2023

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