The ownership of property in foreign jurisdictions has become increasingly common. However, a variety of issues arise,
from a New Zealand taxation perspective, for those from offshore investing in property in New Zealand, and for
New Zealand investors buying and owing investment properties overseas. This course will work through the various
considerations and give guidance on factors to consider when investing, taking into account recent IRD guidance in
relation to overseas property ownership.
Upon satisfactory completion of this activity you will be able to:
- Work through options for investing in property cross border, taking into account taxation matters, including double
- Considering migration issues as they relate to property.
- Understand the RLWT rules and these can apply.
- Outline how the Ring-fencing of rental losses can apply to overseas property.
- Understand taxation obligations arising from borrowed funds to invest cross-border, the application of the RWT and
- Working through GST considerations.
Total CPD Hours: 1.25 hours
This course is suited to accounting and legal practitioners advising clients on property related matters, and to real estate
agents and financial advisors also working with people that have rental property investments.
Daniel Gibbons, Partner, Findex/Crowe
Daniel is a Partner for Findex in Queenstown. Daniel has been with Findex for 12 years, where he advises on a wide range
of tax matters, including property transactions and property ownership structures, international taxation issues, the tax
treatment of investments and providing structuring advice to clients, including assistance for family group restructures. Daniel
is recognised as a leader in the taxation treatment of short stay accommodation, providing training to other practitioners.
- 21 October 2020
10:00 am - 11:15 am