Resident/Non-resident withholding tax form

Resident/Non-resident withholding tax

If we hold funds on your behalf in an interest-bearing deposit account, we are required to deduct Resident or Non-resident Withholding Tax from the interest paid to your account, and will need certain information from you to ensure that tax is deducted at the correct rate.

If you are exempt from having Resident Withholding Tax deducted, you will need to provide us with a copy of your Certificate of Exemption for our records.

In order for us to deduct Resident Withholding Tax, please complete the adjacent form with your New Zealand IRD number and elected Resident Withholding Tax rate.  If you do not provide us with your IRD number, we are obliged to deduct Resident Withholding Tax at 45%.

We are required to deduct Non-resident Withholding Tax from you if you are a non-resident for New Zealand tax purposes at either 10% or 15% depending on whether your country has a double tax agreement with New Zealand or not.  Please refer to this site to determine your applicable non-resident withholding tax rate.

Where your accounts are held jointly, only one IRD number should be supplied.  Buddle Findlay will not use your IRD number for any purpose other than compliance with the Inland Revenue Acts.

If you have any further questions about our investment procedures, please call Paul Kay, our National Manager - Trust Account on +64 4 462 0417.

 

Security of personal information is imperative to us, and we take all precautions to protect personal information from misuse, loss, unauthorised access, modification or disclosure.

Submit your tax details