New Zealand tax residents pay income tax on interest and dividends from overseas investments.
Common examples of overseas investments are:
- savings accounts
- term deposits and bonds
- shares in a foreign company
- foreign investment funds (FIFs).
- foreign retirement savings schemes (overseas pensions)
- rental properties.
Which country do I pay tax to?
You pay tax to New Zealand. You might also pay tax to the other country but you might get a tax credit for this. Check if New Zealand has a double tax agreement (DTA) and what the DTA says.