Taxation of Trusts - Old and New Issues (Part II)

There are still many questions surrounding the tax treatment of trusts. After Michael Tischendorf has already looked at the inheritance and gift tax side as well as the determination of the applicable trust law in the first part of his article in the IStR, the current issue focuses on the income tax treatment of trust distributions. In this context, central constitutional and EU law issues are also addressed, in particular the problem of possible double taxation with income and gift tax.