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Today we are talking about International Tax Planning for Residents of New Zealand.
\nTax rates in this country are rising from 33% to 39%.
\nThat’s not low at all! However, in comparison to other developed countries, such as Canada, the US, and Western Europe New Zealand’s original tax rate of 33% was not as high. <\/p>\n
There are plenty of exemptions in this country, which is actually quite smart. Comparing to many other countries, their tax system actually made a lot of sense. <\/p>\n
Just like we already said, the highest tax bracket in New Zealand is going to 39% for income over 180 000 New Zealand dollars per year. As you can see the threshold is quite low.
\nThe corporate tax rate is 28%, which is also quite high. <\/p>\n
Knowing all this how can you structure yourself so you legally pay less taxes if you live in New Zealand?<\/p>\n
Who are we and what do we do?<\/p>\n
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.<\/p>\n
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Author: Michael Rosmer<\/p>\n
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