Some people or organisations may have a non-resident withholding tax (NRWT) exemption on their non-resident passive income (NRPI) from New Zealand.
Do not deduct NRWT from someone who gives you a copy of the letter we've given them showing they're exempt.
We give exemptions when:
- income is exempt from tax, including NRWT, under New Zealand tax law
- income is exempt from tax because of any other New Zealand legislation
- double tax agreements allow for an exemption from tax on certain types of income.