Louisiana Revised Statutes — Title 47 (Revenue and Taxation)
La. R.S. 47:186
Revocable trusts
Official textlegis.la.gov
Where at any time during the taxable year the power to revest in the grantor title to any part of the corpus of the trust is vested either:
# (1)
In the grantor, either alone or in conjunction with any person not having a substantial adverse interest in the disposition of such part of the corpus or the income therefrom, or
# (2)
In any person not having a substantial adverse interest in the disposition of such part of the corpus or the income therefrom, then the income of such part of the trust for such taxable year shall be included in computing the net income of the grantor.
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In this chapter (8 sections)
- 47:181 · Imposition of tax on estates and trusts
- 47:182 · Net income of estate or trust
- 47:183 · Credits of estate or trust against net income
- 47:184 · Different taxable years
- 47:185 · Employees trusts
- 47:186 · Revocable trusts
- 47:187 · Income for benefit of grantor
- 47:188 · Imposition of tax on real estate investment trusts; computation