Glossary
| List of words and terms used in this section | |
|---|---|
| Conduit tax relief | Foreign dividend payment |
| Listed PIE | Non-resident passive income |
| Resident passive income | |
Conduit tax relief
Term sometimes used for company tax rate.
Foreign dividend payment
Formerly known as dividend withholding payment.
Listed PIE
A listed PIE (portfolio investment entity) is a company listed on the New Zealand stock exchange that:
- has elected to become a PIE, and
- is not a PIE that uses the investor's prescribed investor rate.
Non-resident passive income
Formerly non-resident withholding income
Resident passive income
Resident passive income means an amount paid to a person resident in New Zealand that consists of:
- interest
- a dividend
- a taxable Māori authority distribution (other than a retirement scheme contribution)
- a replacement payment paid to a person under a share lending arrangement.
Date published: 27 Sep 2010
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