Law Dictionary

To search for a particular term please use the following search box.

trust arrangement

(Tax Law)

Refers to the total number of trusts purchased and the flow of income and expenses to and from the related entities. The related entities may include businesses that are not trusts, such as Limited Liability Company (LLC), Limited Liability Partnership (LLP), corporations, S Corporations, partnerships, and sole proprietorships.

Source : Internal Revenue Service - United States Department of Treasury

Language : English

Return

Return to Law Dictionary Index