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HMRC internal manual

International Exchange of Information Manual

Charities: debt or equity interest in an unincorporated association

IEIM404770: Charities: Debt or Equity Interest in an Unincorporated Association


Charities that are set up as unincorporated associations may also be Financial Institutions. For these entities the equity interests in the association are similar to those for charities set up as trusts, see IEIM404750 for details of the equity interests in a trust or other arrangement.


If a trust or other entity has been established to hold assets on behalf of the association the trust will be a separate entity for CRS purposes. The status and reporting obligations of the trust are determined independently of the status and reporting obligations of the association [see IEIM404750].