Foreign Tax Credits 2025 – Getting It Right Every Time (live webinar)

When investing offshore, unless it is in a tax haven, taxpayers are likely to incur foreign tax.  When returning the income in NZ, it is important to ensure that the maximum foreign tax credit available is claimed to mitigate any double taxation.  The amount of the claim will be dictated by a number of factors including the nature of the income and whether a double tax agreement applies.

Inland Revenue have indicated in the past, and from actions, that they are looking at foreign tax credits claimed therefore it is imperative to ensure they are being claimed correctly.

This course will cover:

• what a foreign tax credit is
• limitations in relation to these
• different scenarios of when they can be claimed
• any recent updates in legislation on the claiming of these credits.

The webinar will work through a variety of practical examples, including, how the rules apply to real property investment. 

Upon satisfactory completion of this activity, you will be able to:

• determine what a foreign tax credit is
• help determine how much can be claimed
• help determine when they can be claimed
• outline limitations and the impact of double tax agreements
• explain specific issues e.g. US transparent entities
• understand the type of information required to support a claim

This course will be suited to:

• Accountants and tax advisors at an entry to intermediate level.

Duration: 1.00 CPD hours (approx. 55 mins content + 5 mins Q&A)

PRESENTER

Marilyn Maloney, Senior Manager – Tax Advisory, Findex/Crowe
Marilyn Maloney is a Senior Manager of Tax Advisory for Findex/Crowe, the largest accounting firm in New Zealand specialising in the SME/HNWI space. Marilyn has been practising in tax advisory for 18 years.
Marilyn’s background includes working for Inland Revenue for 15 years and assisting clients as a Client Manager for 7 years. She provides practical tax advice in all areas of tax.