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Tax Administration Act 1994

Information, record-keeping, and returns - Investment income information - RWT rates, certificates, and records

28D: Information required from notified foreign investors

You could also call this:

"What info you must give to invest in NZ from overseas"

Illustration for Tax Administration Act 1994

You need to give some information to become a notified foreign investor in a foreign investment PIE. You must tell the PIE your full name, date of birth, home address, and the country code where you live for tax purposes. You also need to give the equivalent of your tax file number in your country, or a declaration if you cannot provide this number. You may also need to give your New Zealand tax file number if you have one. The Commissioner can change what information you need to give at any time by notice. A notice is secondary legislation, see Part 3 of the Legislation Act 2019 for publication requirements. The Commissioner's notice will say what information you need to give. You must provide the information to become a notified foreign investor. This helps with tax purposes.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM3995970.

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Money and consumer rights > TaxesImmigration and citizenship > Border control
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Part 3Information, record-keeping, and returns
Investment income information: RWT rates, certificates, and records

28DInformation required from notified foreign investors

  1. In order to become a notified foreign investor in a foreign investment PIE, a non-resident person must provide the PIE with the following information:

  2. their full name:
    1. their date of birth, if applicable:
      1. their home address in the country or territory where they reside for tax purposes:
        1. the country code as prescribed by the Commissioner for the country or territory where they reside for tax purposes:
          1. the equivalent of their tax file number in the country or territory where they reside for tax purposes, or a declaration if they are unable to provide this number:
            1. their tax file number in New Zealand, if applicable.

              1. The Commissioner may, by notice, add to or change the list of information requirements set out in subsection (1) from time to time.

              2. A notice under subsection (2) is secondary legislation (see Part 3 of the Legislation Act 2019 for publication requirements).

              Notes
              • Section 28D: inserted, on , by section 157 of the Taxation (Tax Administration and Remedial Matters) Act 2011 (2011 No 63).
              • Section 28D(2): amended, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).
              • Section 28D(3): inserted, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).