Investor statements for notified foreign investors in foreign investment PIEs
The investor statement includes the following information.
| Information | Description |
|---|---|
| Investor's name | The full name of the investor. |
| Investor's IRD number | The IRD number of the investor and tax file number from place of residence if available. |
| PIE's balance date | The PIEs balance date so that the investor can determine the income year that the attributed income falls within. |
| Prescribed investor rate (PIR) as at year-end | The notified investor status and DTA/non-DTA status. |
| Total income | This is the total attributed income for the notified foreign investor, covering all PIRs 0%, 1.44%, 15%/30% and 28%. |
| Gross tax paid | The amount of tax liability on the income attributed to the notified foreign investor. |
| Tax credits | Identify the various tax credits and whether credit has already been given in the tax calculation. |
If you operated a PIR lower than your correct rate, you will need to include this in your income tax return
If appropriate you may also need to comment about income paid out as non-resident passive income and subjected to NRWT. You may include the relevant income and NRWT withheld details as part of the statement.
You will still need to forward the NRWT certificate and reconciliation statements to us.
You may also reproduce the additional investor level information required as a notified foreign investor and request confirmation that it is current in order to satisfy the annual eligibility requirement.
Date published: 23 Nov 2011
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