returns
Foreign investment fund disclosure
(IR445, IR446, IR447, IR448, IR449)
About this service
Complete this form if you hold investments where you are required to make a FIF income or loss disclosure. This service can be used by all investors that are required to file a FIF disclosure form where they have used the fair dividend rate IR445 or IR447, comparative value IR446 or IR448, or cost IR449 methods to calculate FIF income or loss.
When to use this service
Use this service when you have used the fair dividend rate (FDR), comparative value (CV) or cost methods to calculate FIF income or loss that needs to be disclosed.
Determine if you need to make a foreign investment fund (FIF) disclosure.
If you have more than 10 investments or countries to disclose you will need to complete further disclosures via this service.
Note this service does not calculate your FIF income or loss. You can use the FIF calculator in the "Work it out" section on the right hand side of this page to do this.
Do not send amendment details via this service. Please contact Large Enterprises Private Bag 39984 Wellington Mail Centre Lower Hutt 5045 or call 0800 443 773.
Details of the requirements are set out below. The full text can be found in the Tax Information Bulletin Vol 20, No 4, May 2008.
What you will need
Your entity's IRD number - if you don't have this you can find it on any correspondence from Inland Revenue, or call us on 0800 377 774.
For widely-held entities FDR and CV methods
The market value in New Zealand dollars of your investments at the end of your income year split by:
- country
- jurisdiction, or
- currency.
For individuals and other non-widely-held entities FDR and CV with investments in countries that we do not hold a double tax agreement with
- Name of the investment
- Stock code if known
- Country of incorporation or tax residence
- The market value in New Zealand dollars at the beginning of your income year.
Cost method of all investors
- Name of the investment
- Country of incorporation or tax residence
- The value in New Zealand dollars at the beginning of your income year
- Basis of opening value.
After you finish
Print a copy of the disclosure, sign it and retain it with your tax records.
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