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myIR, payments and more

What has changed?

The new rules ... which means they ... Find out more

respond to changes in international investment

apply tax consistently regardless of the country where the investment is located and whether the investment is made directly or through a collective investment vehicle or managed fund.

Tax rules for portfolio investment entities

remove the grey list exemption

remove the bias the grey list created in relation to other offshore investments.

Removal of the grey list exemption

simplify the calculation of income on offshore investments

determine how income from offshore investments is calculated and taxed.

Choosing a calculation method for your FIF income 

Calculate your FIF income

require you to calculate your FIF income and include it in your tax return

you will be taxed on FIF income at a reasonable level each year and you will not be taxed on the actual dividends, gains from disposal and other income received.

How FIF income is taxed