Continue reading "Trusts: A benefit or a burden?"
This post is only available to members.
Trusts: A benefit or a burden?
Harriet Irving and Duncan McGowan explore the changing landscape of trusts in the light of 5AMLD 5AMLD expands the TRS net from previously only catching ‘taxable’ trusts to now requiring trustees of all relevant trusts to register on the TRS, unless they fall within a specific exclusion. Recent years have seen an ever-increasing drive on …