For example, such legal provisions as Amendment XIX to the United States Constitution, which guarantees a woman's right to vote, or Section 15 of the Canadian Charter of Rights and Freedoms, which guarantees equality rights, apply to natural persons only. In many cases fundamental human rights are implicitly granted only to natural persons; for example a corporation cannot hold public office, but it can file a lawsuit.
Annuity trust held as natural person. (Internal Revenue Service ruling on the taxation of trust-held annuities) (Column)
May 11, 1992; Two private letter rulings recently addressed the issue of whether a trust holding an annuity with the sole trust beneficiary...