The Research On The Income Tax Of Trust

Following the development of finance industry, the TRUST, performs irreplaceable functions. The trust companies, established from 1970s, have experienced five times regulation. At present, the trust industry developed rapidly, play an important role in finance industry and promote the development of the whole industry. But the trust income tax has not formed. The trust, with different characteristics, should be treated respectively .How to promote the trust industry, meanwhile not add more duties on trust , different trust tax laws in other countries may be analyzed .On research the modern trust income tax ,first , the system of tax should be improved ,the kinds of tax , rates of tax ,and model of tax should be formalized ;second ,establishing the state of the taxpayer;third, solving the problem of double-tax in trust industry. Finally, realizing the social functions of charity trust.