Longrass replied to the topic Trust for income distribution and distribution of current assets in the forum Also should add that all 3 12 years ago
Also should add that all 3 assets will incur a significant capital gain in the first 12 months, with one being sold within the first 12 months.
If for the first year, the company did not achieve a benefit from the trust, or even if it did, what would the effect on CGT be?
What would the CGT effect be in the same scenario, but for properties…[Read more]
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