Taxation of Trusts

An essential guide for any trust practitioner or accountant, this book provides a comprehensive overview of how tax law applies to settlors, trustees and beneficiaries.

The 5th edition of Taxation of Trusts has been updated for all tax law changes up to August 2023, including:

• a comprehensive outline of the disclosure regime and reporting requirements now in place for all New Zealand (domestic) trusts
• the rollover relief in place for transfers of residential property (for both the bright-line test and the interest limitation rules)
• Inland Revenues position on diverting personal services income by structuring via a trading trust, and
• Inland Revenues statement on the application of the land sale rules to changes in trustees.

Presented in a user-friendly format, the book seeks to answer questions that arise in practice. Each chapter includes relevant legislation for the subject matter covered.