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Once created, the trust is a separate legal entity and is
required to have its own IRD number.
To find out more, visit ird.govt.nz (keywords: business
advisory) and ask a Kaitakawaenga Māori or Community
Compliance Officer to contact you.
Once created, the trust is a separate legal entity and is
required to have its own IRD number.
To find out more, visit ird.govt.nz (keywords: business
advisory) and ask a Kaitakawaenga Māori or Community
Compliance Officer to contact you.
Once created, the trust is a separate legal entity and is
required to have its own IRD number.
To find out more, visit ird.govt.nz (keywords: business
advisory) and ask a Kaitakawaenga Māori or Community
Compliance Officer to contact you.
The project has proven, simply by the volume of work completed and by the number of title anomalies uncovered, that both title systems were in a parlous and unsatisfactory state.
The idea was that an individual or a whānau could consolidate their shares across a large area and in a large number of blocks with many owners, down into a particular piece of land that they would call their own.
Some administration of the whānau trust is required. An IRD number had to be obtained. We get a small amount of dividend payments each year and a tax return has to be prepared.