What TRUST means: A tax entity created by a trust agreement. This entity distributes all or part of its income to beneficiaries as instructed by the trust agreement. This entity is required to pay taxes on undistributed income.
- Definition Threat Of Condemnation:
- Dictionary owner is informed, either orally or in writing, by a representative of a governmental body or by a public official authorized to acquire property for public use, that a decision has been made to trust definition.
- Definition Transfer Tax:
- Dictionary A tax imposed when real estate is sold or transferred from one person to another trust explain.
- Definition Tax-Exempt Income:
- Dictionary Income that by law is not subject to income tax trust what is.
- Definition Tax Court:
- Dictionary The U.S. Tax Court is one of three trial courts of original jurisdiction that decide litigation involving federal income, death, and gift taxes trust meaning.
How works Trust meaning in Tax definitions T .
