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?
sanjeev agrwal (Partner) (57 Points)
29 October 2009Can 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?
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)
(7019 Points)
Replied 17 January 2012
Yes the foreign donation can be received by the trust of which the wife is a settlor.
Anuj
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
