Income arising to a trust within the scope of Section 686 ICTA 1988 is charged to tax on the trustees at the rate applicable to trusts or the Schedule F trust rate. Where such income is distributed to or for the benefit of an unmarried minor child, of the settlor, it is treated as the income of the settlor and becomes chargeable on them for the year in which it is distributed under Section 660B ICTA 1988.

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