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Do I need to pay tax when I sell my shares?
Do I need to pay tax when I sell my shares?

You may or may not need to pay tax. It depends on your situation and Hatch gives you all the information you need.

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Written by Support
Updated over a week ago

Do I pay tax in the US if I sell my shares?

No, as long as you’re not a US tax resident, you shouldn’t need to pay US tax on profits from selling shares. You will pay tax on any dividends you receive, but this is sorted for you before they hit your Hatch account!

If you are a US tax resident, talk to our friendly team, we’ll do our best to point you in the right direction.

Do I pay tax in New Zealand if I sell my shares?

It depends on your situation but Hatch makes it easy to understand what (if any) tax you need to pay. At any time during each tax year, you can see your total dividends and estimated investment cost for your Hatch investments in the tax reports section. After the end of every tax year, you’ll also get a tax report in Hatch.

Note: When you’re investing, it’s important to consider whether your behaviour could be considered ‘trading’.

Your tax obligations are unique to you - if you're unsure, we recommend you seek professional tax advice. Your situation may change over time; it’s your responsibility to keep up to date with changes.

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