New Zealand - Tax
New Zealand companies are taxed on their worldwide incomes. However, it is possible to eliminate taxation exposure by creating and properly managing a structure that involves the use of a locally-registered company, in conjunction with a New Zealand foreign trust.
No tax exposure arises if the income is from a non-New Zealand source and the settlor in the transaction is not a resident.
Other notable features of the local taxation system are:
- Corporation tax rate of 28%
- An extensive network of double taxation treaties
Pearse Trust provides access to local taxation expertise to enable clients to plan their tax affairs and ensure compliance with company law.