An outline of trusts is provided in CA1.3.4 and the tax treatment of the distributions of income and capital from trusts is discussed in CA1.3.1, CA1.3.2 and CA1.4.2.
Trusts which are resident in Canada are subject to tax on worldwide income and are generally taxed as individuals. Non-resident trusts are taxed on certain Canadian source income. This is consistent with the construction of the ITA as a whole, which imposes tax based
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