This category contains 3 posts

Taxation of Trusts ed 3

  The taxation of trusts is a dynamic and ever-changing landscape. The third edition of Taxation of Trusts published this week (September 2016) has been up-dated to incorporate recent case law developments and legislative amendments.  The text also considers the application of FATCA to trusts and proposed new reforms to the disclosure rules and closely … Continue reading

Disclosure creep

Trusts can be many things.  Well run trusts can provide long-term inter-generational asset protection.   When the pie does not get split on the death of each generation, there can be greater potential for  wealth generation.  Trusts are also generally very private.  Trust ownership is not noted on land titles or in the Companies Office. But will this … Continue reading

Trusts and privacy

In New Zealand the Law Commission has recommended that there not be a register of trusts in New Zealand.  See Review of the Law of Trusts: A Trusts Act for New Zealand at 18.28. The Law Commission view that this is too blunt an instrument to use to improve accountability to beneficiaries. While the privacy … Continue reading