Nilon Ltd v Royal Westminster Investments SA [2015] UKPC 2

Nilon Ltd v Royal Westminster Investments SA [2015] UKPC 2 On 21st January 2015, the Privy Council gave judgment in Nilon Ltd v Royal Westminster Investments SA [2015] UKPC 2. The effect of the Board’s judgment is to restrict the British Virgin Islands (“BVI”) court’s ability to exert and exercise its jurisdiction to hear disputes over the ownership…

Features and Advantages of New Zealand as a Trusts Jurisdiction

As a result of its mid-shore, white listed status, New Zealand provides an ideal platform for international tax planning through the prudent use of trusts.  In addition, New Zealand’s mid-shore status means that trusts have access to tax treaty benefits, potentially reducing the overall tax burden of the structure. TAX POSITION New Zealand (“NZ”) offers…