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New Zealand’s most controversial tax rule (the FIF tax) — is finally changing.
For migrants, high-net-worth families, and overseas investors, this could become one of the biggest tax reforms in recent years. For years, many people have complained about one thing: You could be taxed… even when you never received any cash. Especially if you owned: U.S. shares Overseas investment funds Foreign pension schemes You may have experienced this situation: Your assets increased in value… but you didn’t sell anything,you received no cash income, yet a tax bil
Kathleen Duan
May 30
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