On August 21 2015, New Zealand Inland Revenue published a guide for payers of non-resident withholding tax (NRWT). The guide provides a general overview on
- Deducting NRWT;
- Registering as an NRWT payer
- End of year filing obligations; and
- NRWT rates.
In addition to the standard domestic rates of 30% for dividend payments, and 15% for interest and royalty payments, the guide also provides specific rates for residents of countries with which New Zealand has entered into a tax treaty. For each …