Unit Trust
A unit trust is an inter vivos trust in which, at any particular time, a beneficiary's interest is defined in terms of the units of the trust.
The trust and its units must nevertheless meet the conditions set forth in the Taxation Act.
A unit trust is an inter vivos trust in which, at any particular time, a beneficiary's interest is defined in terms of the units of the trust.
The trust and its units must nevertheless meet the conditions set forth in the Taxation Act.
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