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Discretionary Trust Tax - Revenue

legal incapacity, incapable of managing their affairs. 5.4.1 Improvidence Discretionary trusts are exempt from DTT where it can be shown to Revenue’s satisfaction that they have been created exclusively for the benefit of one or more named individuals who are incapable of managing their affairs because of improvidence.

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  Trust, Legal, Managing, Incapable, Discretionary, Incapable of managing, Discretionary trust tax

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