Fletcher Law - Confidential Trust Questionnaire
Download our confidential Trust Questionnaire to arrange for your Trust to be formed
The Law Commission is undertaking a comprehensive review of NZ trust law and their Introductory Issues Papers can be found in the Trusts section in our Library or we can email you copies.
Gift duty is gone
We are currently writing a paper to address the legal issues arising from this law change. NOTE: completing a lump sum gift soon after 1 October 2011 may not be a good idea. You must take professional advice before making any sort of gift or disposition of your assets.
Parliament has passed into law the Taxation (Tax Administration and Remedial Matters) to:
- abolish gift duty
- streamline the procedural rules relating to tax disputes
- make changes to the tax information-sharing and secrecy rules to improve the quality of information across government.
This law change takes effect from 1 October 2011. Information is available at http://taxpolicy.ird.govt.nz/
Please call us if you would like to discuss the effect on you and your current gifting program