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Family investment companies: Keeping it in the family
A family investment company is a useful way of preserving a family’s wealth. Eamonn Daly outlines the pros and cons Tax rates on income and gains accumulated within the FIC compare very favourably with those applicable to individuals and trusts. Family investment companies (FICs) were developed just over a decade ago. They have gradually become …
Cases Referenced
Cases in bold have further reading - click to view related articles.
- Holt v Holt (1987) 3 NZCLC 100,096; [1987] 1 NZLR 85