Transactions with Foreign Trusts and Receipt of Foreign Gifts

By Gina Gatchell, Director The U.S. Treasury Department and the Internal Revenue Service have issued proposed regulations concerning Sections 643(i), 679, 6039F, 6048 and 6677 of the Internal Revenue Code. These relate to transactions between U.S. persons and non-U.S....
Inland Revenue’s response to North Island flooding

Inland Revenue’s response to North Island flooding

Inland Revenue has made a statement today in relation to North Island flooding, which has primarily devastated pockets of its largest city, Auckland. The department advised tax agents that they are aware that many customers have been affected by the event and may need...
Our clients

Our clients

The jurisdictions of New Zealand and the United States of America have very different tax regimes. However, there is a common theme which we, as tax practitioners experience, year in and year out. That common theme is the complex anti-deferral and anti-avoidance...