Tax treatment of overseas companies and managed funds

Overseas investments such as foreign shares and managed funds held by New Zealand tax residents are generally taxed under the New Zealand foreign investment fund (FIF) rules. The FIF rules are specific to tax and the treatment adopted will not appear in the financial statements. When a taxpayer has investments which are subject to the … Continue reading “Tax treatment of overseas companies and managed funds”

Are foreign companies really paying too little tax?

A recent NZ Herald investigation which claims that foreign companies pay less than their fair share of tax in New Zealand is dramatic and headline grabbing. However, the full story is somewhat more nuanced and requires reflection on the realities of global business, writes Scott Mason. Not just in New Zealand, but around the world, … Continue reading “Are foreign companies really paying too little tax?”