Is foreign investment liable for this tax? - TOP

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.

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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