This webinar will provide an update on the latest changes to the rules affecting the taxation of trusts, such as the new reporting and disclosure requirements.  It will also consider some of the taxation issues that may
arise out of restructuring and resettling trusts.

Trusts are popular for holding client’s assets and investments.  The Trusts Act 2019 came into force in January 2021 and has caused many clients to review their trusts and in some cases resettle them.
The resettling of a trust can have a variety of tax consequences. This webinar will consider some of the tax issues that may arise as a result of a resettlement.

In addition, the webinar will highlight recent amendments to the Income Tax Act 2007 that affect trusts. For example, the new disclosure and reporting requirements.

Upon satisfactory completion of this activity you will be:

• Updated on tax treatment of trusts
• Able to identify the tax implications of resettling trusts
• Be aware of recent legislative changes and how these affect the tax treatment of trusts

Total CPD Hours: 1.25 (1 hour + 15 min. Q&A)

Suited to:
This webinar is intended for accountants and lawyers who act for trusts or who are trustees of trusts and want to ensure the trust is meeting its tax obligations.

PRESENTER

Stephen Richards, Partner – Tax Advisory, Findex/Crowe

Stephen is a partner in the Findex Tax Advisory team. He has over 20 years’ experience working as a tax specialist. Stephen advises a range of clients on all aspects of the New Zealand tax law and provides tax
technical support to the Findex tax advisory team and other professionals.  Stephen is involved in presenting taxation training courses for TEO Training, CAANZ and CCH, and lectures a taxation practice paper
at the University of Otago.