Analyze nestle csr initiative plan focuses on society issues
This is a CSR project, and choose to nestle as our company Note: Please give answer on mentioned words (must add intext citation) and required
Question – Grandma Orange is designated in irrevocable trust a property in favour of her grand daughter and appointed her lawyer as trustee. The property earned a regular monthly revenue of P55,000 and a monthly maintenance expense of P10,000 plus annual trust fee of P80,000.00. P15,000 monthly is given to her grand daughter as income distribution.
Required – What the income tax liability of the trust?