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YD 3: Country of residence of foreign companies
or “How to determine a foreign company's home country for tax reasons”
You could also call this:

“How the country where joint trustees live is determined”

If you and someone else make money together as trustees of a trust, the country where you live as joint trustees is decided by two rules. These rules are found in sections HC 2(3) and HC 33(1C) of the law. These sections talk about what trustees must do and where they live.

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Next up: YD 3B: Crown

or “The King or Queen of New Zealand is treated as living in New Zealand for tax purposes”
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Part Y Definitions and related matters
Residence and source in New Zealand

YD 3BACountry of residence of joint trustees

  1. For 2 or more persons who derive income jointly as trustees of a trust, the residence of the joint trustees is given by sections HC 2(3) and HC 33(1C) (which relate to the obligations and residency of trustees).

Notes
  • Section YD 3BA: inserted, on , by section 186 of the Taxation (KiwiSaver, Student Loans, and Remedial Matters) Act 2020 (2020 No 5).