Te Tari Taake
55 Featherston Street
PO Box 2198
T. +64 4 890 1538
E. Competent.Author![email address]
11 March 2020
fyi-request-12268-6161 b60f@requests. fyi .org .nz
Dear Kieran Tahir
Thank you for your request made under the Official Information Act 1982 (OIA), received on
19 February 2020. You requested the following regarding New Zealand Foreign trusts following
the 2017 change in disclosure requirements:
1. How many foreign trusts remain active in New Zealand?
2. What is the value of the capital and assets held within these foreign trusts?
3. Has any information about a New Zealand foreign trust been exchanged with any
foreign government since the new disclosure legislation has
come into effect?
Question 1 - Number of foreign trusts that remain active in New Zealand.
As at 28 February 2020, there are 2818 active New Zealand foreign trusts registered with
Question 2 - The value of capital and assets held within these foreign trusts.
Inland Revenue does not maintain a record of the capital and assets held by the registered
foreign trusts. Accordingly, I must refuse this part of your request under section 18(f) of the
OIA because the information sought cannot be made available without substantial collation or
Question 3 - Has any information about a New Zealand foreign trust been exchanged
with any foreign government since the new disclosure legislation has come into
Yes, we have exchanged information with our treaty partners.
Rights of review
If you disagree with my decision on your OIA request, you can ask an Inland Revenue officer
for a review. To ask for an internal review, please email the Commissioner of Inland Revenue
at: [email address].
Alternatively, under section 28(3) of the OIA, you have the right to ask the Ombudsman to