Michael Littlewood, University of Auckland – Faculty of Law, has made available for download his paper, “Foreign Trusts, the Panama Papers and the Shewan Report.”  The Abstract is as follows:

The New Zealand tax system is so structured as to allow the country to be used as a tax haven. Specifically, it allows foreigners to use trusts established in New Zealand (referred to as “foreign trusts”) to avoid and evade the tax they would otherwise have to pay in their home country. It would seem possible, too, for foreig

Download full article by clicking: Foreign Trusts, the Panama Papers and the Shewan Report by Michael Littlewood :: SSRN

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.