Explore the tax implications and compliance requirements for trusts with overseas beneficiaries.
With the increase in the trust tax rate to 39%, the IRD is likely to be reviewing trustee behaviour more closely. We are also seeing many leave New Zealand due to the cost-of-living crisis.
That is likely to give rise to a greater number of overseas beneficiaries being part of New Zealand trusts. When settling a trust, or administering a trust as a trustee, it is important to bear in mind what impact beneficiaries living overseas may have.
The focus of this webinar will be on taxation issues associated with overseas beneficiaries, including:
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Suitable for:
TEO Training provides practical learning experiences on primarily tax-related topics for accountants, lawyers and business advisors across New Zealand.
Senior Manager at Findex/Crowe
Nola is a Senior Manager for Findex in the Dunedin Tax Team. Nola has been with Findex for over 15 years, where she advises on a wide range of tax matters, including property transactions and property ownership structures, structuring opportunities for businesses including relationship property considerations, providing advice on the tax treatment of transactions for clients and other professional advisory firms and managing Inland Revenue Department queries, disputes and debt relief applications.
