- Double tax agreements
- Foreign investment funds (FIFs)
- Controlled foreign companies (CFCs)
- Portfolio investment entities (PIEs)
You may be a tax resident in both New Zealand and another country or territory. This means that you are a resident in two countries or territories and subject to the tax laws of each.
Investors who have certain types of overseas investments may have foreign investment fund (FIF) income. The new tax rules for offshore portfolio investments have changed for income years beginning on or after 1 April 2007. Further changes were made to these rules from the beginning of the 2011 income year for all entities with a balance date between 30 June and 30 September (inclusive) and the 2012 income year for all other entities.
A controlled foreign company (CFC) is a company that must first be foreign and controlled by New Zealand residents. New CFC rules will apply from the beginning of the 2010 income year for all entities with a balance date between 30 June and 30 September (inclusive) and the 2011 income year for all other entities.
A portfolio investment entity (PIE) is a new type of entity that came into existence from 1 October 2007. This section has information for entities that have elected or will elect to become PIEs.
Date published: 19 Jun 2012
Back to top