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New, higher rate on interest and dividend tax

Wednesday 19th of February 2020
From April 2020, taxpayers will be hit with a 45% "non-declaration rate" on interest and dividends if they fail to give the interest payer their IRD number.
The IRD has issued new guidance on resident withholding tax for interest and dividends from bank accounts and investments.
The rules are designed to ensure companies and individuals are paying the right rate and ha...
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