For GST purposes, which of the following is (are) true with respect to a taxable distribution?

1. The transferor always pays the GSTT.
2. A distribution of income from one trust to a 2^nd trust is considered a transfer to a skip person if all interests in the 2^nd trust are held by a skip person.
3. It is not a tax-inclusive transfer.

Question 18 options:

	I
	I and III
	II
	II and III