Hayhurst, "Transactions in Income and Capital Interests in Trusts", 1988 Conference Report, c. 38

Discussion of the valuation of interests in trust.

An example is given showing that a commercial trust and a beneficiary are subject to double taxation in a similar way to a corporation and its...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Discussion of the dividing line between a distribution in satisfaction of any part of a capital interest and an encroachment on capital in respect...

The text of this content is paywalled except for the first five days of each month. Subscribe or log in for unrestricted access.

Discussion of background to introduction of personal trust rule.