Latest IRD guide to the FIF scheme
http://www.ird.govt.nz/resources/7/6...dd2d/ir461.pdf
Before anyone asks, NO, I am not going to answer any questions about this. If you have any questions after reading this you should consult your accountant.
Death tax only for estated >$5.49m
Quote:
Originally Posted by
kiwico
A casual look at estate taxes on inheritances shows that it is only on amounts more than $5.49 million that are taxed. Source:
https://www.forbes.com/sites/ashleae.../#76bb82453b70
Unless there is a seperate tax for overseas investors who die.?