Capital And Final Distribution From A Trust

Question

Are there any NZ tax implications for a NZ Trust which makes a capital and final distribution to a non-resident New Zealander who is a beneficiary? The beneficiary is aware that there may be tax consequences for her in her current country of tax residence.

Answer

There are no tax implications from a New Zealand perspective of a capital and final distribution to a non-resident beneficiary. There may, however, be tax consequences in the country of residence, as you suggest.