Tax Return: Box XIII – Trusts

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 an overseas company in a tax haven 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:

Share this Post

Leave a Reply

Your email address will not be published. Required fields are marked *