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New Zealand launches consultation on reporting requirements for domestic trusts

News Team, 20/10/2021

From the 2021–22 income year there are new disclosure rules for domestic trusts in New Zealand, meaning trustees will have to prepare financial statements and provide extra information with their income tax returns.

As New Zealand law means an Order in Council is required to set the minimum requirements for the financial statements, tax policy officials are now seeking feedback on these requirements,...


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