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New Zealand Publishes Special Report on New Foreign Trust Disclosure Rules

|Approved Changes|New Zealand
New Zealand

New Zealand Inland Revenue's Policy and Strategy group has published a special report on the new foreign trust disclosure rules that were introduced in the Taxation (Business Tax, Exchange of Information, and Remedial Matters) Act 2017 ({News-2017-03-02/A/2- previous coverage}). Under the rules, new foreign trusts formed after the enactment of the rules (21 February 2017) must apply for registr…

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