Taxes

 Withholding tax

• Non-resident withholding tax (NRWT) is deducted from New Zealand income received by non-residents.
• The types of income and the rated of NRTW are:
  - dividends 30%;
  - interest 15%;
  - royalties 15%.
• NRWT can be reduced to nil in certain circumstances, e.g., if there is no permanent establishment in New Zealand.

Corporate Tax

• Corporate tax is paid by limited companies on their profits.
• Corporate tax rate for non-resident shareholders – 33%.