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If a 50/50 shareholder self appoints themselves as a
if a 50/50 shareholder self appoints themselves as a director of a company without the permission of the original current sole director how do we get them removed ? … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
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I'm interested in how the IRD treats US ROTH IRA accounts.
I'm interested in how the IRD treats US ROTH IRA accounts. On this page https://www.ird.govt.nz/technical-tax/legislation/2014/2014-04/2014-04-taxation-foreign-super/leg-2014-04-tax-of-super.html I se… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
Of a Ltd company in the UK that has loaned a large amount of
Hi I am Director of a Ltd company in the UK that has loaned a large amount of money £220 to a NZ ltd company. I am a joint director and shareholder of the NZ company. My business relationship with my … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
If a limited liability company takes over a sole trader, I
If a limited liability company takes over a sole trader, I understand that an asset is created in the limited company balance sheet, but how does the sole trader report this takeover to IRD. … read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
FAMILY ESTATE LAW IN NEW ZEALAND: I am the beneficiary of my
FAMILY ESTATE LAW IN NEW ZEALAND: Hello. I am the beneficiary of my late parent's estate in New Zealand. My late father owned 1/3 shares in a company with my brother holding the balance. Since my moth… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
My name is ***** ***** & I own 50% of the shares in a
My name is ***** ***** & I own 50% of the shares in a company and another person. The other person is the sole director. There is no shareholder agreement or constitution, and I want to appoint myself… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
6 years ago A holdings company was set up,initially a LAQC
6 years ago A holdings company was set up,initially a LAQC which was changed to a Look Through when the taxation rules changed 2010, with me as a 80% shareholder and my new partner as a 20% shareholde… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
Hi Chris, This could be bad. I terminated Limited Co. business
Hi Chris, This could be bad. I terminated Limited Co. business in March 2011 (and advised the IAA of the change - to sole trader - as no more Limited). However the IRD would not let me close the co. d… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
i have a 50% share holding in a nz company i have been out
i have a 50% share holding in a nz company i have been out of the country since 2007 and resigned as a director of the company in 2007 i have received no dividends i have asked for updates over the ye… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
Over a period of 20 years an of shore fund has accumulated
Over a period of 20 years an off shore fund has accumulated many thousand of dollars , an NZ resident has no legal right to these funds but a practical influence over this fund. Does the IRD makes dea… read more
LawNZ
LawNZ
Other
31 satisfied customers
my partner and i (de facto ) split our property portfolio equally
my partner and i (de facto ) split our property portfolio equally on parting. several properties were in a partnership while one property was in a company. the company was set up purely for the purpos… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
I am the only director of a limited liability company in New
I am the only director of a limited liability company in New Zealand. I do not own any shares in the company but my children own all the shares. This company is not involved in any commercial activity… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
Where do I find out minority share holders rights and responsibilities?
Where do I find out minority share holders rights and responsibilities? Any related legal issues to minority share holders? I dont know what I dont know...eg.liabilities? from Amanda… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
Re property law We made a huge loss on the recent sale of
Re property law We made a huge loss on the recent sale of a property owned by a gst registered trust. Now there is a large gst bill that we can't pay, we are sill paying off an extra $10,000 overdraft… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
Can the directors of a company dispose of 100% of a companies
Can the directors of a company dispose of 100% of a companies assets without notifying non-voting shareholders (including family trust trustees)? Are non-votong shareholders entitled to annual reports… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
if a company resolution is not dated, nor was the resolution
if a company resolution is not dated, nor was the resolution recorded on the company agenda, nor was it in the, minutes of a meeting, and as there was no date one director says he was never aware of t… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
I went to a Disputes Tribunal hearing this morning. As a DT
I went to a Disputes Tribunal hearing this morning. As a DT Referee she had doubts whether she had juristition (?) as Companies Act and Employment were two of the area. She is now going to research, a… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers
Hi, I am an A class shareholder in a ltd company. The Managing
Hi, I am an A class shareholder in a ltd company. The Managing Director incurred a paye debt to IRD for a substantial amount and now a notice has been served as the first stage of Liquidation ( a noti… read more
Chris The Lawyer
Chris The Lawyer
Lawyer
Master's Degree
28,628 satisfied customers

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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