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New Zealand resident beneficiaries of Australian trusts

/ 1 minute read

There was an Australian Court case last year that confirmed the tax implications of Capital gains that are distributed to non-resident beneficiaries, eg. New Zealand resident beneficiaries. 

The result from this case is that if a New Zealand resident beneficiary receives a distribution of capital gain from an Australian resident trust then the beneficiary would be taxed on this capital gain in Australia.

Be Careful when receiving distributions from Australian trusts. It may be that you're liable for tax in Australia when you thought previously you were exempt.

Please give us a call if you have any concerns regarding this matter.


Craig McCallum


Craig is an expert in reviewing and analysing client’s financial statements and tax returns and provides specialist taxation advice, you can always expect Craig to have his finger on the taxation pulse.

  • Tax
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