TaxTMI 
TaxTMI 
trust prior to 1961 - 12A
17 Apr 2010 
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Trust registration queries for historical trusts may determine current tax-exempt status and required documentary compliance under law.
Applicability of trust registration and tax-exempt recognition for trusts constituted before 1961 is queried, focusing on whether such historical trusts retain eligibility for registration and exemption and what documentary and procedural steps are required to regularise their status. The operative concern is the trust's status after 1961 and whether continuity, antecedent documents, or subsequent filings affect current entitlement to tax-exempt treatment. (AI Summary)
Applicability of trust registration and tax-exempt recognition for trusts constituted before 1961 is queried, focusing on whether such historical trusts retain eligibility for registration and exemption and what documentary and procedural steps are required to regularise their status. The operative concern is the trust's status after 1961 and whether continuity, antecedent documents, or subsequent filings affect current entitlement to tax-exempt treatment. (AI Summary)
trust prior to 1961 - 12A
