Investment tax in New Zealand is more complex than PAYE — different rules apply depending on whether you invest in NZX shares, overseas funds, KiwiSaver, term deposits, or crypto. This section covers all the key regimes.
Guides in This Section
- PIE Tax Explained (Portfolio Investment Entity) — how PIE funds are taxed and why your PIR rate matters
- KiwiSaver PIR Rate NZ — how to set your Prescribed Investor Rate, the 28% cap benefit for high earners, wrong PIR consequences
- KiwiSaver Withdrawal Tax NZ — what tax applies at retirement, first home, hardship, and death withdrawals
- FIF Tax Guide (Foreign Investment Fund) — overseas share tax rules for NZ investors using Sharesies, Hatch or InvestNow
- Sharesies Tax NZ — how tax works on Sharesies investments — NZX shares, US shares, and PIE funds
- Capital Gains Tax NZ — Is There One? — NZ has no CGT but the bright-line test, FIF, and trading tax apply
- Dividend Withholding Tax NZ — how RWT and imputation credits work on dividends
- Crypto Tax NZ — how IRD taxes Bitcoin, Ethereum and other cryptocurrencies
- NZX Shares and Tax — capital gains, dividends, and tax on NZX investments
- Term Deposit Tax NZ — how interest on term deposits is taxed, RWT rates, PIE vs term deposit
Quick Reference: Which Tax Regime Applies?
| Investment type | Tax regime |
|---|---|
| NZ PIE fund (KiwiSaver, managed fund) | PIE — taxed at your PIR rate (10.5%, 17.5%, or 28%) |
| NZ shares (NZX) | Dividend tax + potentially FDR/CV if offshore exposure |
| Overseas shares (via Sharesies/Hatch) | FIF regime — Fair Dividend Rate or Comparative Value |
| Term deposits / bank interest | RWT deducted at source |
| Crypto | Income tax at marginal rate (disposal events taxable) |
| Rental property | Income tax at marginal rate |
| KiwiSaver withdrawal | Tax-free (PIE tax already paid inside fund) |