Illinois Appellate Court Holds Imposition Of Income Tax On Trust With … – Mondaq News Alerts (registration)

Illinois Appellate Court Holds Imposition Of Income Tax On Trust With
Mondaq News Alerts (registration)
For purposes of determining whether there is nexus for the undistributed income of an inter vivos trust, a critical factor appears to be whether the trust has noncontingent beneficiaries in Illinois during the relevant tax years. The presence of