In re Paterson (Deceased) Rennick v Guardian Trust And Executors Company of New Zealand Limited - [1944] NZLR 104

Trusts and Trustees — Will — Devises and Bequests — Income-tax — Social Security — Annuities bequeathed "free of duty and income tax" — Method of calculating Income Tax payable by Trustee — Annuitant with other Income resident out of New Zealand — Rate of Tax increased by Addition of other Income — Whether Exemption confined to Impositions in New Zealand — Whether Annuities to be paid free of Social Security Charge and National Security Tax — Land and Income Tax Act, 1923, ss 72, 73 — Social Security Act, 1938, ss 109, 118, 127 — Finance Act, 1940, ss 16, 17.