Trust Company Supervisory Fee Calculator - North Dakota

Trust Company Supervisory Fee Calculator - North Dakota

Trust Company Supervisory Fee Calculator is a legal document that was released by the North Dakota Department of Labor and Human Rights - a government authority operating within North Dakota.

FAQ

Q: What is a trust company supervisory fee?
A: A trust company supervisory fee is a fee charged by the state of North Dakota to supervise and regulate trust companies.

Q: Who is responsible for paying the trust company supervisory fee?
A: The trust company is responsible for paying the supervisory fee.

Q: How is the trust company supervisory fee calculated?
A: The fee is calculated based on the total trust assets held by the trust company.

Q: What is the rate of the trust company supervisory fee?
A: The rate varies depending on the total assets under management, with a minimum fee of $500.

Q: When is the trust company supervisory fee due?
A: The fee is due annually on July 31st.

Q: Are there any penalties for late payment of the trust company supervisory fee?
A: Yes, there is a penalty of 2% per month on any unpaid portion of the fee.

Q: Is the trust company supervisory fee tax-deductible?
A: Consult with a tax professional to determine if the fee is tax-deductible for your specific situation.

ADVERTISEMENT

Form Details:

  • Released on September 1, 2022;
  • The latest edition currently provided by the North Dakota Department of Labor and Human Rights;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the North Dakota Department of Labor and Human Rights.

Download Trust Company Supervisory Fee Calculator - North Dakota

4.7 of 5 (6 votes)
  • Trust Company Supervisory Fee Calculator - North Dakota, Page 1
ADVERTISEMENT