New Zealand: Budget 2023
One tax-related proposal would align the trust tax rate (currently 33%) with the top individual (personal) tax rate of 39%.
One tax-related proposal would align the trust tax rate (currently 33%) with the top indiv
New Zealand’s 2023 budget was released today, 18 May 2023.
There are few tax-related proposals in the 2023 budget; one would align the trust tax rate (currently 33%) with the top individual (personal) tax rate of 39%.
Read a May 2023 report prepared by the KPMG member firm in New Zealand that concerns funding, and a May 2023 report that provides a broad overview of the budget.
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