Total Members: 158,421

peterson

  • peterson replied to the topic Accounting for NZ Property in the forum No Subject 18 years, 9 months ago

    Originally posted by masteraccountants:
    Hi landlordtobe,

    You might be worrying needlessly.

    Your investment in New Zealand comes under the double tax agreement between the two countries.

    The country where the income-producing asset is located is the source country so is entitled to tax in the first instance.

    Even if the property is making a…[Read more]

peterson

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