<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:itunes="http://www.itunes.com/dtds/podcast-1.0.dtd"
	xmlns:media="http://search.yahoo.com/mrss/"
>

<channel>
	<title>TalkTax &#187; Trusts</title>
	<atom:link href="http://www.talktax.co.nz/index.php/category/trusts/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.talktax.co.nz</link>
	<description>A Blog for Tax and Accountancy professionals</description>
	<lastBuildDate>Tue, 31 Jan 2012 08:05:49 +0000</lastBuildDate>
	<generator>http://wordpress.org/?v=2.9.2</generator>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
		<!-- podcast_generator="podPress/8.8" -->
		<copyright>&#xA9; </copyright>
		<managingEditor>info@talktax.co.nz ()</managingEditor>
		<webMaster>info@talktax.co.nz()</webMaster>
		<category></category>
		<itunes:keywords></itunes:keywords>
		<itunes:subtitle></itunes:subtitle>
		<itunes:summary>Just another WordPress weblog</itunes:summary>
		<itunes:author></itunes:author>
		<itunes:category text="Society &amp; Culture"/>
		<itunes:owner>
			<itunes:name></itunes:name>
			<itunes:email>info@talktax.co.nz</itunes:email>
		</itunes:owner>
		<itunes:block>No</itunes:block>
		<itunes:explicit>no</itunes:explicit>
		<itunes:image href="http://www.talktax.co.nz/wp-content/plugins/podpress/images/powered_by_podpress_large.jpg" />
		<image>
			<url>http://www.talktax.co.nz/wp-content/plugins/podpress/images/powered_by_podpress.jpg</url>
			<title>TalkTax</title>
			<link>http://www.talktax.co.nz</link>
			<width>144</width>
			<height>144</height>
		</image>
		<item>
		<title>Penny &amp; Hooper &#8211; legitimate tax planning or avoidance?</title>
		<link>http://www.talktax.co.nz/index.php/2011/08/24/penny-hooper-legitimate-tax-planning-or-avoidance/</link>
		<comments>http://www.talktax.co.nz/index.php/2011/08/24/penny-hooper-legitimate-tax-planning-or-avoidance/#comments</comments>
		<pubDate>Wed, 24 Aug 2011 01:11:38 +0000</pubDate>
		<dc:creator>Daniel Hunt</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Daniel Hunt]]></category>
		<category><![CDATA[Penny & Hooper]]></category>
		<category><![CDATA[Tax Avoidance]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=1168</guid>
		<description><![CDATA[The Supreme court has today released its long-awaited decision about a landmark tax case – Penny &#38; Hooper.  The case was decided in favour of Inland Revenue and this decision has widespread implications for the many small businesses using trust structures.
The case is a classic example of taxpayers complying with the ‘black-letter’ of the [...]]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2011/08/24/penny-hooper-legitimate-tax-planning-or-avoidance/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Dastardly Duty may be Demolished</title>
		<link>http://www.talktax.co.nz/index.php/2010/06/24/gift-duty-abolition/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/06/24/gift-duty-abolition/#comments</comments>
		<pubDate>Thu, 24 Jun 2010 05:33:28 +0000</pubDate>
		<dc:creator>Sybrand van Schalkwyk</dc:creator>
				<category><![CDATA[Duties]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Financial arrangements]]></category>
		<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Abolition]]></category>
		<category><![CDATA[Gift Duty]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=753</guid>
		<description><![CDATA[This blog considers the likely consequences if Gift Duty were to be abolished.  The Government has recently announced that such a move is being considered.  Every practitioner should be aware of this possible shift, as it is likely to have an impact on just about every individual they advise. The Government has said that a period [...]]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/06/24/gift-duty-abolition/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Penny and Hooper</title>
		<link>http://www.talktax.co.nz/index.php/2010/06/08/penny-and-hooper/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/06/08/penny-and-hooper/#comments</comments>
		<pubDate>Mon, 07 Jun 2010 23:19:48 +0000</pubDate>
		<dc:creator>Vicki Ammundsen</dc:creator>
				<category><![CDATA[Avoidance and tax planning]]></category>
		<category><![CDATA[Financial]]></category>
		<category><![CDATA[Tax accounting]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Avoidance]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/index.php/2010/06/08/penny-and-hooper/</guid>
		<description><![CDATA[The appeal in Penny and Hooper has been decided in favour of the Commissioner in a 2:1 majority decision of the Court of Appeal released on 4 June 2010.
In the first instance the decision could be considered to have been rendered largely nugatory for the time being given the recent reduction of the top marginal [...]]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/06/08/penny-and-hooper/feed/</wfw:commentRss>
		<slash:comments>7</slash:comments>
		</item>
		<item>
		<title>Budget Podcast &#8211; John Peterson, Vicki Ammundsen and Sybrand van Schalkwyk</title>
		<link>http://www.talktax.co.nz/index.php/2010/05/20/budget-podcast/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/05/20/budget-podcast/#comments</comments>
		<pubDate>Thu, 20 May 2010 07:19:05 +0000</pubDate>
		<dc:creator>Sybrand van Schalkwyk</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[GST]]></category>
		<category><![CDATA[Income]]></category>
		<category><![CDATA[Podcast]]></category>
		<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Budget]]></category>
		<category><![CDATA[Tax Rates]]></category>
		<category><![CDATA[Thin Cap]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=669</guid>
		<description><![CDATA[John Peterson and Vicki Ammundsen join me on this first TalkTax podcast.  Hope you enjoy our thoughts on the Budget released today.  Please leave a comment below.
Click on this link to listen: Thoughts on the Budget
The transcript of the podcast is copied below:
Sybrand: Hi I&#8217;m Sybrand van Schalkwyk from Parry Field Lawyers, thanks for joining [...]]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/05/20/budget-podcast/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
<enclosure url="http://www.talktax.co.nz/wp-content/uploads/2010/05/Final-Thoughts-on-the-Budget1.mp3" length="5696209" type="audio/mpeg" />
		</item>
		<item>
		<title>Corporate trustee up-date</title>
		<link>http://www.talktax.co.nz/index.php/2010/04/21/corporate-trustee-up-date/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/04/21/corporate-trustee-up-date/#comments</comments>
		<pubDate>Tue, 20 Apr 2010 23:27:56 +0000</pubDate>
		<dc:creator>Vicki Ammundsen</dc:creator>
				<category><![CDATA[Trusts]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=607</guid>
		<description><![CDATA[The recent decision in Newmarket Trustees Limited v CIR is a timely reminder of the risks inherent in the appointment of an assetless corporate trustee.  Newmarket Trustees Limited is the trustee for a number of trusts, one of which (the Southern Lights Trust) has substantial unsatisfied tax obligations.  Newmarket Trustees Limited acknowledged its liability for the tax obligations (about [...]]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/04/21/corporate-trustee-up-date/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>A simpler alternative to income splitting?</title>
		<link>http://www.talktax.co.nz/index.php/2010/04/01/a-simpler-alternative-to-income-splitting/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/04/01/a-simpler-alternative-to-income-splitting/#comments</comments>
		<pubDate>Thu, 01 Apr 2010 03:23:56 +0000</pubDate>
		<dc:creator>John Peterson</dc:creator>
				<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Income splitting]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=596</guid>
		<description><![CDATA[In a speech to the Tax Agents Institute conference in Greymouth last Wednesday, Revenue Minister Peter Dunne confirmed that he would push ahead with legislation on income splitting.
His prospects of success look bleak.  With marginal rate tax cuts for the wealthy already on the table for this year’s budget there is unlikely to be any [...]]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/04/01/a-simpler-alternative-to-income-splitting/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Residential Care Subsidy – Means Assessment and Gifted Assets</title>
		<link>http://www.talktax.co.nz/index.php/2010/03/23/residential-care-subsidy/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/03/23/residential-care-subsidy/#comments</comments>
		<pubDate>Mon, 22 Mar 2010 23:15:55 +0000</pubDate>
		<dc:creator>John Peterson</dc:creator>
				<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Gifting]]></category>
		<category><![CDATA[Means Assessment]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=570</guid>
		<description><![CDATA[Many standard gifting programmes recommended by advisors may not be giving clients a satisfactory degree of protection from a residential care means assesment under the Social Security Act 1964.]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/03/23/residential-care-subsidy/feed/</wfw:commentRss>
		<slash:comments>22</slash:comments>
		</item>
		<item>
		<title>Trust and intention</title>
		<link>http://www.talktax.co.nz/index.php/2010/02/28/trust-and-intention/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/02/28/trust-and-intention/#comments</comments>
		<pubDate>Sun, 28 Feb 2010 01:49:44 +0000</pubDate>
		<dc:creator>Vicki Ammundsen</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Trusts]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/index.php/2010/02/28/trust-and-intention/</guid>
		<description><![CDATA[Intention in the context of trusts is more usually seen in the context of the three certainties. However, the recent decision in Ward v Ward [2009] NZSC 125 regarding an application under s. 182 of the Family Proceedings Act, may require looking at intention in the trust context in a whole new light.
Section 182, the [...]]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/02/28/trust-and-intention/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What happens to the trust when the love is gone–subtitle another way to pay tax</title>
		<link>http://www.talktax.co.nz/index.php/2010/02/21/whentheloveisgone/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/02/21/whentheloveisgone/#comments</comments>
		<pubDate>Sun, 21 Feb 2010 06:24:39 +0000</pubDate>
		<dc:creator>Vicki Ammundsen</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Trusts]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/index.php/2010/02/21/what-happens-to-the-trust-when-the-love-is-gone-%e2%80%93-subtitle-another-way-to-pay-tax/</guid>
		<description><![CDATA[Trusts can provide excellent inter-generational asset protection.  However, when relationships break up assets in trust solution (rightly or wrongly – I’ll leave that analysis for another day) are often taken into account.  The equal sharing principle of the Property (Relationship) Act 1976 is pretty much standard modus operandi now and accordingly, or despite, [...]]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/02/21/whentheloveisgone/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>&#8216;In Vicki you can Trust&#8217;&#8230;</title>
		<link>http://www.talktax.co.nz/index.php/2010/02/09/trust-vicki/</link>
		<comments>http://www.talktax.co.nz/index.php/2010/02/09/trust-vicki/#comments</comments>
		<pubDate>Mon, 08 Feb 2010 22:51:29 +0000</pubDate>
		<dc:creator>Dione Kimpton, TalkTax Editor</dc:creator>
				<category><![CDATA[Financial]]></category>
		<category><![CDATA[Tax administration]]></category>
		<category><![CDATA[Trusts]]></category>
		<category><![CDATA[Taxation]]></category>

		<guid isPermaLink="false">http://www.talktax.co.nz/?p=468</guid>
		<description><![CDATA[Congratulations to Vicki Ammundsen one of TalkTax&#8217;s respected authors. Her new book &#8216;Taxation of Trusts&#8217;, published by CCH, is out now&#8230;
Taxation of Trusts
]]></description>
		<wfw:commentRss>http://www.talktax.co.nz/index.php/2010/02/09/trust-vicki/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

