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Resident Withholding Tax (RWT)

You pay Resident Withholding Tax on interest you earn from bank accounts or other investments. The bank or investing organisation deducts this when they credit interest to your account.

 

You need to provide your IRD number and choose the correct rate of tax for your income level.

 

Companies may also deduct withholding tax from dividends paid to shareholders.


Page Last Updated: 17 Dec 2006