Читать книгу Form 1041 - Stephen Brooks - Страница 24

Entities known as business or commercial trusts are generally created by the beneficiaries simply as a device to carry on a profit-making business which normally would have been carried on through business organizations that are classified as corporations or partnerships. The fact that an organization is technically cast in the trust form, by conveying title to property to trustees for the benefit of persons designated as beneficiaries, does not change the real character of the organization if the organization is more properly classified as a business entity.³¹