Trusts
• Estates
• Estate or trust accounting
• Example of accounts of an estate
Definition of trust
• Types of trust under the Income Tax Act
• Taxation of a trust
Disposition of property to a trust
• Attribution rules
• 21-year deemed realization
Taxable capital gains/allowable capital losses
• Pension income
• Investment income
• Business income
• Other income
• Deductions
Overview
• Income payable
• Taxation of beneficiaries
• Taxable benefits
Taxable income
• Taxes payable
• Non-resident beneficiaries
Income interest
• Capital interest
• Clearance certificates
Family trusts
• Henson trusts
• Management trusts
• Goods and services tax
Appendices
Appendix A — Website references
Appendix B — Checklist of duties of legal representatives
Appendix C — Sample completed T3 return, schedules, and supplementary
Appendix D — Sample completed T3 return, schedules, and supplementary
Appendix E — Draft statement — Regulation 2800(1)