How high are the corporate income tax in New Zealand?
Resident companies are assessable for both domestically and internationally-derived income.
- Regardless of citizenship, however, most companies are taxed at a flat rate of 28% for corporate income tax.
- Tax will also be withheld for dividends at 33% rate.
What Double-tax treaties has New Zealand?
New Zealand encourages better and open trade by entering into Double Tax Agreements (DTA) with the ensuing jurisdictions:
Australia, Austria, Belgium, Canada, Chile, China, Czech Republic, Denmark, Fiji, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Italy, Japan, Korea, Malaysia, Mexico, Netherlands, Norway, Papua New Guinea, Philippines, Poland, Russian Federation, Samoa, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, United Arab Emirates, United Kingdom, United States of America, and Vietnam
Currently, DTAs are being negotiated with Luxembourg, Portugal, Saudi Arabia, and Slovak Republic.