New rules have recently been enacted for foreign trusts with a New Zealand-resident trustee. These include requirements for New Zealand foreign trusts to register with Inland Revenue, file annual returns and pay registration and filing fees.
Other cross border tax issues relating to trusts include retaining complying trust status when settlors cease to be New Zealand tax resident, obtaining complying trust status when settlors become New Zealand tax resident, the effect of changes in tax residence status of trustees and beneficiaries, and the impact of the transitional residence rules.
This webinar is intended to help professional advisers know what they can do to ensure that their clients’ trust structures remain tax efficient, and what disclosure and other obligations they must comply with.
18 May 2017
Accountants of all levels, tax lawyers, trust lawyers and others who act as trustee of clients’ trusts.
Stephen Tomlinson, Partner, Tomlinson Law
1.25 CPD Hours