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Te whakatauritenga i waenga i Aotearoa me Ahitereiria Trans-Tasman imputation

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Some Australian companies can choose to pass on credit for any New Zealand tax paid to their New Zealand shareholders.

Trans-Tasman imputation for New Zealand shareholders

Some Australian companies can choose to pass on credit for any New Zealand tax paid to their New Zealand shareholders.

The notices you receive with the payment of each dividend shows the credits.

These credits will show on your dividend certificates as 'NZ imputation credits'.

Australian franking credits

Under current legislation shareholders in receipt of Australian dividends cannot claim 'franking credits' in their New Zealand tax returns.

Trans-Tasman imputation for New Zealand companies

The Australian government have passed reciprocal laws. New Zealand companies considering electing into the Australian franking system should visit the Australian Tax Office (ATO) website.