This fact sheet accompanies IS 24/10 Income tax – Share investments that considers the income tax issues that arise for individual share investors. This fact sheet explains when and how the Foreign Investment Fund (FIF) rules will apply to shares an individual investor holds in foreign companies.

This fact sheet accompanies IS 24/10 Income tax – Share investments that considers the income tax issues that arise for individual share investors. If you are not subject to the FIF rules, for example if you hold shares in a New Zealand company or if all your foreign shares and other attributing interests cost you less than $50,000 in total to buy, this fact sheet explains when you have to return income from dividends or taxable share sales.

This interpretation statement provides guidance for individuals who invest in shares, so they are aware of their tax obligations. The statement covers when an investor will have a tax liability for dividends, share sales and attributing interests in foreign investment funds. The statement focuses on investors who use online investment platforms, although the principles in the statement apply more widely to other forms of share investment by individuals (such as through brokers and financial advisors).

Income tax: Employee share scheme; vesting of shares to participants; share scheme taxing date

Depreciation loss, general permission, general limitation, asset no longer used

Whether the Taxpayer would qualify to be a transitional resident. Whether the amounts derived by the Taxpayer from the sale of cryptoassets through overseas centralised exchanges or DEXs have a source in New Zealand.

Interpretation statement

• IS 24/09: Income tax – Overdrawn shareholder loan account balances

Technical decision summary

• TDS 24/19: Income tax and GST deductions
• TDS 24/20: Permanent establishment

GST, PAYE, whether accommodation provided to an employee

Given the significant value of many land transactions, it is particularly important for buyers and sellers to understand if transactions are subject to goods and services tax (GST). 

The provision of services by a New Zealand company to an overseas company. Whether the overseas company had a permanent establishment in New Zealand.

Tax Information Bulletin - Vol 36 No 11, December 2024