Skip to Content


Forms and guides
Kimihia he parongo mo

Forms starting with: O


Overseas pensions and annuity schemes IR257

(published April 2013) 

About this guide

If you’re a New Zealand tax resident, generally you will have to pay income tax on the increase in value of any investment in an overseas pension scheme or on the payments or transfers from the scheme. This guide explains the tax obligations for people with an interest in an overseas superannuation scheme or life insurance annuity policy.

This guide was formerly known as the Overseas private pensions (IR257) guide.

Adobe Acrobat PDF | 92kb | 16 pages

When to use this guide

If you are a New Zealand tax resident with an interest in an overseas superannuation scheme or life insurance annuity policy, this guide explains what your tax obligations are in New Zealand. You can find out:

  • whether you'll have to pay tax on the value of your investment or on the pension payments
  • how a New Zealand double tax agreement could affect your tax
  • whether you can claim a tax credit in your New Zealand tax return for tax paid overseas.
What you will need

Report an accessibility problem for this page