Is that the state does not tax the trusts?

Reader comment on: Crosby Advisors

Submitted by Lyle (United States), Feb 12, 2014 18:36

Because the trust will have to file a 1041 with the IRS and will have to pay taxes on any undistributed income. (And if you look at a form 1041 you find the brackets are far far narrower).


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Capital is mobile, and it will go where it is well-treated. [109 words]Belladonna RogersFeb 12, 2014 18:59
⇒ Is that the state does not tax the trusts? [38 words]LyleFeb 12, 2014 18:36

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