Taxation of Foreign Equities for New Zealand Residents

MyFiduciary and Kernel Wealth have co-written a white paper on taxation of foreign equities. Overseas investment funds can be attractive for several reasons compared to New Zealand based products. There is a great deal more to choose from, investors can pick from some of the world’s best investment managers, and headline fund manager fees are sometimes much lower.  However, in many cases, you will pay more tax than if you invested in a New Zealand product. The extra tax may more than offset any saving in manager fees, leaving you with a lower overall return.

Here to download executive summary
Here to download paper