peterson replied to the topic Accounting for NZ Property in the forum No Subject 19 years, 3 months ago
Originally posted by masteraccountants:
Hi landlordtobe,You might be worrying needlessly.
Your investment in New Zealand comes under the double tax agreement between the two countries.
The country where the income-producing asset is located is the source country so is entitled to tax in the first instance.
Even if the property is making a…[Read more]