June 2018
From 30 June 2018 your trust may be required to be registered with the Inland Revenue Department (IRD) in order to comply with the new Common Reporting Standards (CRS). Under the CRS, trusts with 'foreign' or 'investment' elements are required to be ...
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June 2018
Mortlock McCormack Law entered a team into the Westpac Helicopter Air Rescue Summer Crew Challenge for the first time this year. The challenge was to raise $5,000 and the firm smashed it out of the park raising a whopping $10,479.60.
Out of the ...
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Do you have a Will? Do you know what it says? When did you last read it?
Are you a first timer, or will this be a review of what you currently have?
Your Will is an important document. It sets out your wishes about your things on your ...
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Over seven years on from the Christchurch Earthquakes, many homeowners have still not had their claims resolved. As time goes on, the possibility that insurers will rely on the Limitation Act becomes more likely.
The Limitation Act provides a ...
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June 2018
Further to our March 2018 article (Issue 20), a reminder that as of 1 July 2018 we will be making changes to the way we collect client information to ensure that we comply with the Anti-Money Laundering and Countering Financing of Terrorism Act ...
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Drafting, interpreting, and enforcing contracts is a fundamental part of how we assist our clients. A number of recent court decisions in New Zealand and the United Kingdom have provided guidance on the approach that should be taken in relation to ...
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The “Bright-Line Test”, or period in which profit made from the sale of residential land is taxable as income, has been extended from two to five years. The five year period applies to properties purchased from 29 March 2018 onwards.
The ...
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