What is the main perceived attraction of income trusts?
A) reducing double taxation
B) unregulated business environment
C) fewer layers in the organizational structure
D) maintenance-free business assets

Question

Quizplus · Accepted Answer

The main perceived attraction of income trusts is reducing double taxation. Income trusts are investments that allow investors to receive a portion of the company's profits without the profits being taxed at both the corporate and individual level. As a result, income trusts can provide higher yields compared to other investments.

What Is the Main Perceived Attraction of Income Trusts