If the cost price of your overseas investments tips over $50,000 NZD at any time during the tax year, you’ll fall under the Foreign Investment Funds (FIF) tax rules. At tax time, your overseas dividend income is included in FIF income calculations, so you don’t need to pay additional tax on your overseas dividends.

You can see the total dividends you’ve paid, as well as your peak investment cost at any time in the tax reports section in Hatch. After the end of every tax year, you’ll also be able to order a Hatch FIF report to calculate your FIF income for you (we’ll email you each year when it becomes available).

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