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If you have a trust co being the custodian for a company can you use the trust compainies tax id?
Wiki User
∙ 14y ago
NO! The "trust" in the USA must apply for its own tax identification number (TIN) and file a separate tax return (1041/1042 or other) based on the activity of the trust.
Wiki User
∙ 14y ago
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What are the responsibilities of the custodian of a trust account?
The trust will state the responsibilities.
What type of irrevocable trust is created solely to save taxes?
Custodian trust.Credit Shelter trustBypass trust.Grantor-retained interest trust (GRIT).
What is wildcare trust?
Wild Care Trust is a company where they help the extinct anilmals across the globe helping any animals being endangered.
What parties involved in mutual fund?
(1) A Mutual Fund promoter company: Their role is to settle a Trust owning all fund assets. That trust will invest all fund money in the name of the trust. (2) Trustee of Mutual Fund: Trustee has to be a bank. (3) Fund Manager: Their role is to invest and daily operations. They are investment advisers approved by Capital Markets Authority/Securities Exchange Commission. (4) Custodian: Custodian holds custody of all the assets of the fund. They have to be a bank or approved institution authorized to act as Custodian by Capital markets Authority/ Security Exchange Commission. (5) In addition Investment Banks/Brokers will be retained to market the Mutual Fund. Their role is to get subscription into the fund.
When was Central Trust Company created?
Central Trust Company was created in 1899.
When was Wakefield Trust Company created?
Wakefield Trust Company was created in 1924.
When was Empire Trust Company created?
Empire Trust Company was created in 1902.
When was Poughkeepsie Trust Company created?
Poughkeepsie Trust Company was created in 1906.
When did Knickerbocker Trust Company end?
Knickerbocker Trust Company ended in 1907.
When was Knickerbocker Trust Company created?
Knickerbocker Trust Company was created in 1884.
When was Granite Trust Company created?
Granite Trust Company was created in 1929.
What is trust in a company?
IT is misplaced trust because the company's goals are not actually yours.
