Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Wednesday, November 03, 2010
New Zealand Abolishes Last Wealth Transfer Tax
New Zealand scrapped its estate tax in 1992. Now the vestigial gift tax is going as well.
If New Zealand can live without death tax and the like, could Washington's new dose of GOP energy drink lead to similar results?
New Zealand's Parliament buildings, via Wikimedia Commons
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