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25. Is foreign investment liable for this tax?

25. Is foreign investment liable for this tax?

Answer

For sure all productive assets are subject to this minimal tax threshold, irrespective of ownership. 

Showing 2 reactions

  • James Turnbull
    commented 2016-12-07 23:00:50 +1300
    So, presumably then that means that this can be avoided by a NZ business setting up an independent entity overseas … and perhaps reverse takeover buying out the original NZ owned entity ?
  • Oliver Krollmann
    followed this page 2016-12-07 10:31:42 +1300