Can a Trust receive foreign donation?Can a foreigner husband give donation to a trust in which his wife is a settlor? Also can a trust be formed with foreigner as settlor or one of founder trustee?
3 Replies
Gaurav Raichura
(CA-Final Student)
(82 Points)
Replied 29 October 2009
In which state the trust is registered?
CA. Anuj Gupta
(Practices in NRI Int.Tax FEMA TP FDI/FIPB & FCRA)
(7024 Points)
Replied 17 January 2012
Yes the foreign donation can be received by the trust of which the wife is a settlor.
Anuj
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