TSEM3160 - Trust income: resident trustees with trust income from abroad: beneficiary is not resident
These instructions apply only if the beneficiary has an absolute interest in trust income (TSEM6204). This includes a life tenant and an annuitant.
The trustees바카라 사이트™ income tax liability is based on the beneficiary바카라 사이트™s residence position. Trustees are not chargeable in respect of the share of income from abroad payable to the non-resident beneficiary. They exclude it from the Trust and Estate Tax Return.
Tax case
Williams v Singer & others 7 TC 387