Legislation of taxation of trusts: a manifestation of the absence of legal personality of trusts in tax law

Abstract

Among the significant changes introduced by the new Civil Code, it is certainly possible to include concept of Trusts. The goal of this article is to describe how the Tax law copes with incorporation of Trust in private law, especially with the absence of legal personality of Trust.

Keywords

• trust
• the new Civil Code
• Tax law
• legal personality