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How California Taxes A Canadian Trust | Cardinal Point Wealth M

How California Taxes A Canadian Trust | Cardinal Point Wealth M

Submitted by • October 29, 2018 cardinalpointwealth.com

California’s taxation of a trust’s income that is attributable to California sources, for example rental income from property located in California, is not a strange concept. It’s California’s taxation of non-California trusts with California beneficiaries that – to borrow a line from Gowan’s song of the same name – is a “Strange Animal” and which will be the focus of this post.

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