WHAT IS THIS?
The mandate of administration without appointment of trustee is a tool through which you can manage your operations directly with your intermediary or your trusted custodial bank and avoid worrying about the necessary taxation because you know that the authorised subject will do it for you.
Stipulated between the client and the trust, the mandate without appointment of trustee is a contract whereby the trust acts as the tax substitute in all operations held by the client.
The custodial bank is then advised of the stipulation of this contract so that it can pass on to the trust all necessary information to carry out the subsequent taxation obligations in its capacity as tax substitute and intermediary.
The operational model of the mandate without appointment of trustee, admitted by the financial administration, therefore requires the contemporary intervention of three subjects: the client-contributor, the authorised Italian intermediary (the Italian Trust company) and the credit institute, including non-Italian.
You, your trusted intermediary and FD Fiduciaria Digitale.
Furthermore, if you work with more than one credit institute, the Trust company will carry out the tax consolidation, offsetting the gains and losses between the various intermediaries.
WHO IS IT FOR?
For those who want to deal directly with their own intermediary (financial or insurance) on the assigned relationships by carrying out their own investment choices without a third party (which would happen if the trust mandate were with appointment of trustee).
For those who operate with more than one intermediary (financial or insurance) and, using the Trust company as tax substitute, want to offset tax losses and gains between the various intermediaries.
WHY CHOOSE FD FIDUCIARIA DIGITALE
With FD Fiduciaria Digitale you can do everything you need to sign a trustee mandate, give your instructions, verify and sign the necessary documents for the instruction directly from your Smartphone.
All you need to get started is an identity document and tax code and follow a few easy steps: