FIFs, CFCS and FAs
While the COVID pandemic has stopped overseas travel, investment overseas has not slowed. With economies fluctuating and businesses pivoting to take advantage of new opportunities, many investors have become more active in looking for overseas investment opportunities to maximize returns (particularly given record low interest rates).
Combine this with increased scrutiny around the world with anti-money laundering rules and government agencies/banks sharing data, and it is more important than ever before to make sure that the tax treatment of these investments if accurate.
From an NZ tax perspective, various regimes such as the FIF regime, CFC regime and the financial arrangement regime may apply to tax these investments, all in very different ways depending upon the nature of the investment.
This webinar will outline the various tax regimes that may apply and explain the implications of these in relation to various investments.
A better understanding of the various regimes which may apply to overseas investments.
Advisors at all levels assisting clients with overseas investments.
Jarod Chisholm, Senior Partner – Tax Advisory, Findex/Crowe presenting on behalf of TEO
1.25 CPD Hours