97 Richard transfers some investments to be held in trust for the benefit of his two minor children. The children will s

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97 Richard Transfers Some Investments To Be Held In Trust For The Benefit Of His Two Minor Children The Children Will S 1 (26.47 KiB) Viewed 75 times

97 Richard transfers some investments to be held in trust for the benefit of his two minor children. The children will share equally in the trust property. He appoints himself as trustee. The investments generate Canadian dividends, second-generation income and capital gains. Which of these types of income will be attributed back to Richard for tax purposes? One-third of Canadian dividends resulting from income-splitting with his children second-generation income capital gains All types of income will be attributed back. Oa) Ob) Oc) Od)