IRD guidance on trust tax tweaked over concern it was promoting tax avoidance
Murkiness remains around trust tax issues.
Source: nzherald.co.nz
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Murkiness remains around trust tax issues.
A tax expert believes vague rules around government Covid-19 support payments have caught some small businesses out as inland revenue demands refunds.
Most trusts in New Zealand are not held by super-wealthy individuals.
Accountants advise caution around minimising trustee tax bill.
A tax expert says that average Kiwi families could end up becoming collateral damage as the Government lifts the tax rate on trusts. There are approximatel