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Ngā hinonga kohinga haumi (PIE) mō ngā pakihi takirua Portfolio investment entitles (PIEs) for partnerships


Investments in PIEs can be held by partnerships. Each partner of the investment has tax obligations in relation to their share of the income.

Investments should be split so that each partner can advise a multi-rate PIE of their IRD number and prescribed investor rate.

If partners do not provide IRD numbers and prescribed investor rates, the multi-rate PIE will deduct tax at the default rate of 28%.

Investors have one month to provide this information after a multi-rate PIE requests them.

Partnership PIRs

Limited partnerships are not treated as separate entities for the purposes of the PIE rules.

The following rates apply to partnerships:

Investor Rate
Zero-rated companies 0%
Individuals 10.5%, 17.5%, 28%
Partners who are trustees 0%, 10.5%, 17.5%, 28%