New reporting requirements for domestic trusts. New Zealand Trusts that are active and meet specific criteria are now required to provide information about income, wealth and assets. Trusts have always have historically offered a high level of privacy and had leniency...
If you are a New Zealand resident and trustee of a foreign trust (also known as a ‘resident foreign trustee’) you must register the foreign trust with Inland Revenue and disclose certain detailed information. Foreign trusts also have annual filing obligations. An...
