From time to time we encounter clients that have various types of assets held by a trustee (Trustee) that are purportedly held pursuant to a bare trust (Bare Trust). There are several questions which usually arise in relation to the rights and obligations of the parties involved that inevitably end up with Dundas Lawyers considering the taxation issues, (in particular the capital gains tax implications, for the Trustee). [Read more…]
Archives for November 2018
What is a bare trust?
17 November 2018 by Dundas Lawyers
Filed Under: Corporate Law, Legal Articles Tagged With: Bare trusts, Beneficiary entitled, Capital gains tax implications, Declaration of trust, Express terms of a Trust
