If a company lends money to a trust, is the company required to accrue interest income? (if so, the trust will mirror the entry as an interest expense). The shareholder and director of the company is also a trustee of the trust.
Read MoreAre 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.
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