Prior to changes in 2011,what was 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

Prior to changes in 2011, the main perceived attraction of income trusts was reducing double taxation. Income trusts were structured in a way that allowed income to pass through to investors without being taxed at the corporate level, resulting in a higher yield for investors. However, changes in tax laws in 2011 removed this advantage and made income trusts less appealing to investors.

Prior to Changes in 2011,what Was the Main Perceived Attraction