Plain language law

New Zealand law explained for everyone

Income Tax Act 2007

Income - Attributed income from foreign equity

CQ 4: Foreign investment fund income

You could also call this:

“Income from overseas investments must be included in your total income”

If you have money in a foreign investment fund, any income you get from it is counted as income. This means you need to include it when you’re working out your total income. It’s important to remember this when you’re dealing with investments in other countries.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM1512885.

Topics:
Money and consumer rights > Taxes
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CQ 3: Calculation of attributed CFC income, or

“How to work out your attributed CFC income or loss”

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CQ 5: When FIF income arises, or

“When you earn income from overseas investments”

Part C Income
Attributed income from foreign equity

CQ 4Foreign investment fund income

  1. FIF income of a person is income.

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