Trusts
15/01/1991
Query
Where a company acts as a trustee and the settlors are not resident, ordinarily resident or domiciled in Ireland and funds upon the trust are settled in currencies other than Irish pounds and/or property situated outside Ireland, is the trust treated as non resident.
Decision
Yes
Income Tax
Section 18, Taxes Consolidation Act, 1997
Origin: RLS Division
File ref:IT913510