Documents numbered between 200 and 299
Trusts and estates income tax rules IR288
Types of trusts and how they are taxed
About this guide
An explanation of how estates and trusts are taxed.
Adobe Acrobat PDF | 167kb | 38 pages
When to use this guide
This booklet explains the basic concepts of a trust and estate, such as how it starts and where its income comes from, how the trust's income is divided up for tax purposes and how each part is taxed.
The Income Tax Act 1994 applies to income derived in the 2004-05 and prior tax years. The Income Tax Act 2004 applies to income derived in the 2005-06 and subsequent tax years.
What you will need
