This is actually a very valuable piece of content, in all my years of researching this topic I have not come across such a factually accurate, comprehensive, paletable explination of this very complicated topic. As most things with tax, if you're unsure probably get in touch with an accountant, it will be worth every penny.
I would love sharesies to put in enhancement in the app so that in portfolio "amount put in" there is a breakdown of investment in overseas fund/stocks.
Some of this information is incorrect... The FIF tax certainly DOES apply to everyone's KiwiSaver (on the overseas shares). Not only that but KiwiSaver funds must use the FDR method, which means we (via the fund) pay tax on 5% of the market value (of the overseas shares), even if the share price has dropped.
