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<h1>Tax liability for a business run by a guardian or trustee rests with that guardian or trustee for tax, interest and penalty.</h1> When a business liable to tax is carried on by a guardian, trustee or agent for a minor or incapacitated person, the tax, interest and penalty are levied on and recoverable from that guardian, trustee or agent who conducts the business on behalf of the minor or incapacitated person.