explores various principles of taxing trusts under the Land and Income Tax Act 1956. The author first analyses the requirements …

The trust is the most useful device that New Zealand offers to non-residents in the field of international tax planning …. So long as settlors, beneficiaries, and income are all foreign the trust is unlikely to attract New Zealand tax. The … residence of the trustee has no effect on the tax benefits of the trust so long as the former requirements have been met. This …

the mines played in the South African tax system. Overall still, the detailed review of legislation and pronouncement …

The author discusses the taxation of cooperative societies under the Kenyan Income Tax Act, with particular focus on … section 19A. The article traces the history evolution of the tax provisions for cooperative societies, highlights their …

Sections HH 1 and HH 8 of the New Zealand Income Tax Act 1976 contain a special regime for the taxation of trusts … to the trustee. The mere fact of the trustee being resident in New Zealand does not attract tax, instead the regime takes … taxation of trusts in the 1976 Act appears as subpart HC of the Income Tax Act 2007. Sections HC 17-HC 23 deal with the tax …

tax credit or zero-rated interest withholding under the approved issuer levy regime. There is one significant … inconsistency: if the income is attributed to the trustees on behalf of the trust, the nature of the claim to tax does not depend on …

International trust taxation in New Zealand is dominated by the settlor regime under which the claim to tax accumulated … the settlor as agent for the trust. Comment is also made on the use of New Zealand as a tax haven …

This paper describes the legal remedies available to taxpayers in the New Zealand tax system. It is part of a …