2020 Tax Return: Box XIV – Trusts

Moreover, you have to confirm whether you have set up a legal arrangement (a “construction juridique”) or whether you are the beneficiary of such a legal arrangement. This is a difficult word for a trust, a foundation, or a foreign company in which you accumulate income tax-free.

Cayman tax

If you have such a legal arrangement, you must also declare the interest and dividends that accumulated in it. This is called the “Cayman tax”. It is advisable to get some legal help if you have to pay the Cayman tax.

Your Tax Return :

• the Guide
• Is this your first time?
• Couples and Children
• When do I need to file?
• on Paper or Online?
• Filing Online
• Filing on Paper
• Help!?
• Checklist
• Box I – Contact Details and Bank Account
• Box II – Your Family Situation
• Box III – Real Estate
• Box IV – Earnings
• Box V – Pensions
• Cross Border Taxation
• Box VI – Maintenance Received
• Box VII – Investment Income
• Box VIII – Maintenance Paid and Losses from Previous Years
• Box IX – Mortgage Payments
• Box X – Other Tax Deductions
• Box XII – Paying your Taxes in Advance
• Capital Gains
• Box XIV – Bank Accounts and Insurance Policies
• Box XIV – Trusts
• Stock Exchange Tax
• Tax on Securities Accounts
• Nowhere to hide
• The Tax Bill
• Appealing the Tax Bill