Words and Phrases - "indirect distribution"

a
85
b
44
c
75
d
50
e
38
f
31
g
18
h
14
i
72
j
2
k
2
l
32
m
55
n
25
o
38
p
79
q
3
r
76
s
88
t
46
u
15
v
9
w
22
y
2

29 November 2022 CTF Roundtable Q. 10, 2022-0950581C6 - Common Reporting Standard

Summary Under
Tax Topics - Income Tax Act - Section 270 - Subsection 270(1) - Controlling Persons
indirect distributions include receiving favourable loan terms/ settlor includes a substantive contributor

Where a resident trust (other than a “reporting financial institution” (RFI), is a “passive non-financial entity” (Passive NFE), and has a...

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Words and Phrases
indirect distribution settlor