A trust created in Ireland before 1 November 2007 is permissible if it has only received transfers of property from permissible sources since this date.
If a trust has received property from an impermissible or unidentified source since this date, it is not a permissible trust.
If the trust is a pre-2007 trust, then you must report:
that the donation was from a trustee
the date the trust was created
the address of the trust’s office
the required permissibility details of
the individual or organisation who created the trust, and
every other individual or organisation by whom, or under whose will, property was transferred to the trust after 1 November 2007.
Please see the previous pages for guidance on the permissibility details you must report for each type of source.
Trusts created on or after 1 November 2007
A trusts created in Ireland on or after 1 November 2007 is permissible if
the trust was created by an individual or organisation that was a permissible source at the time, and
only transfers of property from permissible sources have been made to the trust
If the trust is a post-2007 trust, then you must report:
that the donation was from a trustee
the date the trust was created
the address of the trust’s office
the required permissibility details of
the individual or organisation that created the trust, and
every other individual or organisation by whom, or under whose will, property was transferred.
Please see the previous pages for guidance on the permissibility details you must report for each type of source.