Details

  • Type: Publication series
  • Date: 8/3/2012

New Zealand – Reforms to Taxing Interests in Foreign Superannuation Schemes Proposed 

KPMG in New Zealand reports in a recent publication that an “Issues Paper” proposing changes to the taxation of foreign superannuation scheme interests held by New Zealanders, has been released by the government.  This follows recent Inland Revenue audit activity that revealed widespread lack of knowledge about, and concern with, the current tax rules in this area.  The proposals aim to address current inconsistencies in how New Zealanders’ foreign superannuation interests are taxed.
 

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