What are the tax considerations of investing in a trust such as Permian Basin Royal Trust (PBT) ?

Should Trusts such as Permian Basin Royal Trust (PBT) only be in non-retirement accounts or can they been investments IRA accounts?

Additional Information:
added 4 months ago

Should Trusts such as Permian Basin Royal Trust (PBT) only be in non-retirement accounts due to tax issues or can they also be investments for IRA accounts?

Answers

Ron answered a question in Tax Issues.
103 points

Ron answered 4 months ago …

Doesn't matter since no tax withheld for US residents

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