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 FD)
(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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