Zealand's treaty network by exploring the various approaches that may be adopted in the interpretation of tax treaties and the … diverging constructions of the residence article.New Zealand enjoys a substantial foreign trust industry because the Income Tax … trust) will generally be exempt from income tax. Without wanting to overdramatise this issue the foreign trust regime is the …

In the late 1980s New Zealand undertook a process of adopting a new income tax regime for companies, and in particular …

New Zealand law provides for no special tax consequences on the formation of trusts. Transfers to trusts are taxable or … gains tax in New Zealand, transfers of non-business capital assets to trusts have no income tax consequences, although to … the extent that there is an inadequacy of consideration gift duty is payable. The rules in the Income Tax Act 1994 that …

New Zealand is in general a high tax country. It is host to a thriving offshore trust industry established after an … amendment to the income tax legislation in 1987. The successor to this amendment is section HC 26(1), which means that where non …-residents settle income-producing property on New Zealand resident trustees. New Zealand does not tax the income in the hands of the …

. Issues relating to tax law and trust law arise from trusts that have a relatively minimal presence in New Zealand. The New …