Documents related to current tax year or to no specific tax year
Approved issuer levy guide IR395
(published April 2010)
About this guide
This guide explains how to pay interest to overseas lenders without having to deduct non-resident withholding tax (NRWT).
Adobe Acrobat PDF | 170kb | 22 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