Printed from https://fyi.org.nz/request/12500-foreign-investment-fund-fif-income-and-denial-of-tax-losses?unfold=1 on April 24, 2024 03:33

We don't know whether the most recent response to this request contains information or not – if you are J B please sign in and let everyone know.

Foreign Investment Fund (FIF) income, and denial of tax losses

J B made this Official Information request to Inland Revenue Department

This request has an unknown status. We're waiting for J B to read recent responses and update the status.

From: J B

Dear Inland Revenue Department,

I would like to request the following information under the OIA:

A. A table broken down by tax year and by marginal income tax bracket, of:

1. the number of taxpayers who reported FIF income.
2. the number of taxpayers who were assessed by the IRD as having FIF income.
3. the self-assessed value of such income.
4. the value assessed by the IRD of such income.
5. Losses made on the FIF investments (this may have to be figured by comparing the balance on 1 April of one year to the balance on 1 April of the next year).
6. Losses made on the FIF investments allowed by the IRD to be deducted for income tax.
7. Losses made on the FIF investments allowed by the IRD to be carried forward to subsequent tax years.

B. A table giving the above information, but also broken down by the method of calculating FIF income (FDR, CV, etc). (As well as by by tax year and by marginal income tax bracket.)

Data covering the period since the introduction of the current Foreign Investment Fund (FIF) in (I believe) 2008, up until the current day.

I would prefer to receive an electronic response. Queries about this request will be automatically forwarded to me by the fyi.org.nz website.

With regards to s12 of the OIA, I am an NZ citizen and in NZ.

Yours faithfully,

J B

Link to this

Inland Revenue Department

Attachment Response.pdf
137K Download View as HTML

Dear J B ,

We have attached our response to your Official Information Act 1982
request of 23-03-20.

Yours sincerely,
Government and Executive Services | Inland Revenue - Te Tari Taake

Link to this

From: oia
Inland Revenue Department

Attachment Response.pdf
137K Download View as HTML

[IN CONFIDENCE RELEASE EXTERNAL]

Dear J B,

We have attached our response to your Official Information Act 1982 request of 23-03-20.

Yours sincerely,
Government and Executive Services | Inland Revenue - Te Tari Taake

-----Original Message-----
From: J B <[FOI #12500 email]>
Sent: Saturday, 21 March 2020 9:34 PM
To: oia <[IRD request email]>
Subject: 20OIA1293 Official Information request - Foreign Investment Fund (FIF) income, and denial of tax losses

Dear Inland Revenue Department,

I would like to request the following information under the OIA:

A. A table broken down by tax year and by marginal income tax bracket, of:

1. the number of taxpayers who reported FIF income.
2. the number of taxpayers who were assessed by the IRD as having FIF income.
3. the self-assessed value of such income.
4. the value assessed by the IRD of such income.
5. Losses made on the FIF investments (this may have to be figured by comparing the balance on 1 April of one year to the balance on 1 April of the next year).
6. Losses made on the FIF investments allowed by the IRD to be deducted for income tax.
7. Losses made on the FIF investments allowed by the IRD to be carried forward to subsequent tax years.

B. A table giving the above information, but also broken down by the method of calculating FIF income (FDR, CV, etc). (As well as by by tax year and by marginal income tax bracket.)

Data covering the period since the introduction of the current Foreign Investment Fund (FIF) in (I believe) 2008, up until the current day.

I would prefer to receive an electronic response. Queries about this request will be automatically forwarded to me by the fyi.org.nz website.

With regards to s12 of the OIA, I am an NZ citizen and in NZ.

Yours faithfully,

J B

-------------------------------------------------------------------

This is an Official Information request made via the FYI website.

Please use this email address for all replies to this request:
[FOI #12500 email]

Is [IRD request email] the wrong address for Official Information requests to Inland Revenue Department? If so, please contact us using this form:
https://aus01.safelinks.protection.outlo...

Disclaimer: This message and any reply that you make will be published on the internet. Our privacy and copyright policies:
https://aus01.safelinks.protection.outlo...

If you find this service useful as an Official Information officer, please ask your web manager to link to us from your organisation's OIA or LGOIMA page.

-------------------------------------------------------------------
This email and any attachment may contain confidential information. If you have received this email or any attachment in error, please delete the email / attachment, and notify the sender. Please do not copy, disclose or use the email, any attachment, or any information contained in them. Consider the environment before deciding to print: avoid printing if you can, or consider printing double-sided. Visit us online at ird.govt.nz

hide quoted sections

Link to this

We don't know whether the most recent response to this request contains information or not – if you are J B please sign in and let everyone know.

Things to do with this request

Anyone:
Inland Revenue Department only: