Cross-border payments, taxed correctly.
Dividends, interest, royalties and service fees paid across borders carry withholding obligations. TPTS advises on non-resident withholding tax, the approved issuer levy, treaty rates and the practical mechanics of getting it right.
- Senior-ledA partner on every engagement
- Big 4 depthFormer leaders of NZ’s largest TP practice
- NZ and AustraliaGlobal reach through TPA Global
Everything the matter needs, nothing it doesn’t.
- NRWT on dividends, interest and royalties
- Approved issuer levy on related and unrelated debt
- Treaty rate eligibility and documentation
- Withholding on cross-border services and contractors
- Remediation of historical errors
Signs it is time to talk.
Any New Zealand business making payments to non-residents, and foreign groups receiving them.
- You pay interest or royalties to an offshore related party
- A foreign contractor or group company provides services in New Zealand
- You are unsure whether the treaty rate applies
- Past payments may have been under-withheld
Four steps. No surprises.
A confidential discussion
A partner listens to the situation and tells you whether there is something to do.
A clear scope and fee
Written scope, a fixed or capped fee where we can, and the partner who will do the work.
Senior analysis
The partners do the thinking: facts, economics, the law and how Inland Revenue will see it.
Advice that holds up
Documentation and advice written knowing it may one day be read by a reviewer.
Good questions.
Does withholding tax apply to intercompany service fees?
It depends on where the services are performed and the nature of the payment. Some payments are caught by non-resident contractors’ tax or treated as royalties. We check each flow.
Often needed together.
Let’s talk about your situation.
A confidential discussion with a partner costs nothing and usually tells you within half an hour whether there is something to do. Call Mark or Ranesh directly, or send a brief outline and we’ll come back to you within one business day.