Trustees - Denmark/sweden

Trustees - Denmark/sweden

Postby jsmithalltaken on Sat Mar 13, 2010 3:22 pm

Does anyone know whether there are any tax issues with having a Danish resident or a Swedish resident as a Trustee of a Jersey discretionary Trust?
Does tha answer change if they are also beneficaries?

I assume if they receive any benefits they are taxable in those countries.
jsmithalltaken
 
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Re: Trustees - Denmark/sweden

Postby taxiscomplex on Sat Mar 13, 2010 10:10 pm

No issues from the UK tax point of view.
The prospective trustees need to find out how their countries treat a Trustee for tax purposes.
taxiscomplex
 
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