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Some services unavailable 16 - 17 November | myIR, gateway services and our self-service phone line will not be available from 3pm Saturday 16 November to 9am Sunday 17 November while we do planned system testing. This will not affect any tax entitlements or payments scheduled during this time.

Non-resident withholding tax (NRWT) is a tax withheld from New Zealand payments of interest, dividends, and royalties to non-residents (foreign investors).

These kinds of payments are called non-resident passive income (NRPI).

If you're a foreign investor who gets non-resident passive income, then your tax will be paid to us by your New Zealand based payer.

If you make non-resident passive income payments to foreign investors, then you'll need to:

  • register as a payer
  • deduct NRWT from these payments
  • send the deductions to us.

Make sure you understand your non-resident withholding tax (NRWT) deduction and reporting obligations.

Investment income reporting

Last updated: 29 Jun 2021
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