Nonresident trust definition

Nonresident trust or "nonresident estate" means a trust or estate which is not a resident estate or trust.
Nonresident trust means a trust other than a resident trust.
Nonresident trust means one other than resi- dent.

Examples of Nonresident trust in a sentence

  • The relevant facts are that assessee is a Non-resident trust incorporated in Japan and registered with SEBI as a sub-account of M/s.

  • Taxation of a trust by West Virginia depends entirely:(1) Resident trust — the donor of the trust was domiciled in West Virginia at the date of creation of the trust — date of death in case of testamentary trust, date of creation of trust in case of inter vivos trust.(2) Nonresident trust — Taxable only on “West Virginia source income” — income from (i) real or tan- gible personal property situate in West Virginia, or (ii) a business, trade, profession or occupation car- ried on in West Virginia.


More Definitions of Nonresident trust

Nonresident trust means a trust other than a resident trust that was
Nonresident trust means a trust which is not a resident trust, as defined in section seven of this article §11-21-7 of this code.
Nonresident trust means a trust which is not a resident trust, as defined in section
Nonresident trust means a trust other than a resident trust as defined in this section.
Nonresident trust means a trust that has no beneficiaries that are domiciled in Tennessee or that reside in Tennessee. “Resident trust” means any trust that is not a nonresident trust. Trusts formed exclusively for the benefit of organizations described in section 501(c)(3) of the internal revenue code, trusts described in sections 401 (a) or 664 of the internal revenue code, and trusts exempt under section 501(a) of the internal revenue code, are not included in the definition of a resident trust or a nonresident trust and are exempt from the tax imposed by this part.
Nonresident trust means a trust that is not a resident trust of this State.
Nonresident trust means a trust which is not a