(3.) Trusts
Trusts are liable to income tax only when the settlor and beneficiaries are residents or when the trust property includes land in Belize[1].
[1] Trusts Act (Chap. 202), 2000 Revision, § 64(1).
Trusts are liable to income tax only when the settlor and beneficiaries are residents or when the trust property includes land in Belize[1].
[1] Trusts Act (Chap. 202), 2000 Revision, § 64(1).