Non-Resident Withholding Tax (NRWT)
If you’re a Kiwi tax resident and pay interest, royalties or dividends to a non New Zealand resident, the following will help explain New Zealand’s approved issuer levy (AIL) and non-resident withholding tax (NRWT) rules. Approved issuer levyIf you pay interest to non New Zealand tax resident bank or lender, you must deduct a percentage […]