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FIF legislation revealed

Deloitte tax expert Robyn Walker said the changes would be welcomed by investors.
Wednesday 16th of September 2026

Legislation has been introduced that will increase the threshold for the foreign investment fund (FIF) regime and open the revenue account method of calculating tax to more investors.

The changes were announced in this year’s Budget but the legislation , the Taxation (Annual Rates for 2026-27, FBT Simplification, Foreign Investment Funds and Remedial Measures) Bill clears the way to enact them.

It allows any New Zealand-resident natural persons to use the revenue account method to calculate FIF liabilities. Previously this had only been available to new migrants and returning New Zealanders who had been away more than five years.

The RAM method allows people to pay tax on capital gains on unlisted investments at the time a share is sold and the gain is realised, with a 30% discount.

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