17 March 2003 External T.I. 2002-0130685 F - Limite inférieure - JVM Participation -- summary under Paragraph (g)

After referring to the meaning of “vested indefeasibly” discussed in IT-449R, CCRA stated:

Therefore, where the rights of the beneficiaries in the trust are not vested and can be changed for any reason by the trustee or otherwise, the interests in the trust cannot be regarded as vested indefeasibly.

Topics and taglines
Topic
Income Tax Act - s. 108(1) - Trust - (g)
Tagline
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
678559
Words and phrases
vested indefeasibly
d7 import status
Drupal 7 entity type
Node
Drupal 7 entity ID
678560
Extra import data
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Workflow properties
Workflow state
Publish with parent