Discretionary Trust Tax (DTT)

Exemptions from Discretionary Trust Tax (DTT)

Certain types of discretionary trusts are exempt from Discretionary Trust Tax (DTT).

Trusts are exempt where it can be shown to Revenue’s satisfaction that they are:

  • created exclusively for purposes that, in accordance with the law of the State, are public or charitable
  • superannuation or unit trusts
  • trusts providing for the upkeep of a heritage house or garden
  • or
  • trusts for the benefit of persons who are incapable of managing their affairs due to:
    • age or improvidence
    • physical incapacity
    • mental incapacity
    • or
    • legal incapacity.

You must apply for the exemption:

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