Is this a FIF?
A quick check for the investments people ask about most: ASX shares, NZ PIE funds, employee shares, foreign super and crypto.
Shares, ETFs and funds in foreign companies or unit trusts are FIF interests. Over $50,000 of cost, the rules apply.
| Source | IR461 p4 |
| Next step | Add its cost to your $50,000 test. |
Worked example shown. Change any figure to see your own result (needs JavaScript).
Questions people ask
Are ASX ETFs exempt?
Usually not. The ASX exemption is for qualifying ASX-listed Australian-resident companies with a franking account. Most ETFs are unit trusts, which need their own test.
Is crypto a FIF?
Coins held directly are not. A crypto ETF or fund usually is, because it is a foreign company or unit trust.
Calculators
Every FIF tool
Your FIF tax for the year
Holdings in, the $50,000 test, FDR and CV side by side, the lower allowed method, tax and your IR3 boxes.
Open →The $50,000 test
Cost, not market value, on any day of the year. Couples, joint holdings, trusts and the 4-year look-back.
Open →Fair dividend rate calculator
5% of your 1 April value plus the full quick sale adjustment, with last in, first out matching.
Open →Comparative value calculator
Closing value plus sales and dividends, less opening value and purchases, with the loss floor and the method choice.
Open →IRD exchange rates for FIF
Inland Revenue’s end-of-month, mid-month and rolling 12-month rates, with a converter.
Open →Under $50,000: dividend tax
Below the threshold your foreign dividends are ordinary income. Tax, foreign tax credit and IR3 boxes.
Open →New to New Zealand
Your transitional resident end date, and the revenue account method if you qualify.
Open →Overseas shares or an NZ PIE fund
The same money taxed both ways, side by side. Figures only, no recommendation.
Open →Is the threshold $100,000 yet?
No. Dated status of the lapsed bill, and the proposal on your own figures, marked NOT LAW.
Open →