If the income or deduction is part of a change in the principal or is part of the estate's distributable income, then income tax is paid by the trust and not passed on to the beneficiary.

BlackRock Taxable Municipal Bond Trust (NYSE:BBN ... has entered into a standstill agreement with Saba Capital Management, L.P. The agreement, known as the Standstill Agreement, outlines several ...

On his first day back in office, President Donald Trump signed an executive order beginning the formal withdrawal of the United States from the Paris Climate Agreement, a landmark pact between ...

The United States will once again withdraw from the 2015 Paris Agreement on climate change, the White House said on Monday night immediately after Donald Trump assumed office for his second term as ...

US president-elect Donald Trump has suggested Israel and Hamas could agree a Gaza ceasefire by the end of the week. Talks between Israeli and Hamas representatives resumed in the Qatari capital ...

President Trump announced the withdrawal of the U.S. from the Paris Climate Agreement on Monday shortly after his inauguration, echoing a similar decision in his first term that was later reversed ...

President Donald Trump will withdraw the United States from the Paris Climate Agreement for the second time, delivering a blow to the effort to keep global temperatures from rising to dangerous ...

KYIV, Ukraine (AP) — U.K. Prime Minister Keir Starmer signed a 100-year partnership agreement with Ukrainian President Volodymyr Zelenskyy on Thursday, part of a European show of support and ...