Documents numbered between 300 and 399
Approved issuer levy IR395
A guide for payers
About this guide
This guide explains how to pay interest to overseas lenders without having to deduct non-resident withholding tax.
Adobe Acrobat PDF | 215kb | 30 pages
When to use this guide
If you pay interest to a non-resident lender, and want to pay it at a zero rate of non-resident withholding tax (NRWT), you have to apply to Inland Revenue to become an approved issuer. Instead of deducting NRWT, approved issuers (or a person on their behalf) must pay a levy on the securities they register with Inland Revenue.
What you will need
